The South Korean cryptocurrency exchange Bithumb is set to be acquired by FTX, a cryptocurrency derivatives exchange. This update was confirmed by the owner of the former, Vidente. The FTX acquisition of Bithumb is a move to support the derivatives exchange’s purchasing spree. The company noted that they have been …
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The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
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