FTX loses Binance as a savior


FTX came out to report that it was suffering from a liquidity crunch. With the exception of Binance, which expressed interest in acquiring FTX’s non-US operations, a number of businesses began to withdraw from FTX. Binance’s decision to back out of the deal, citing concerns about...

SOL raises interest rates to overcome Solend liquidity crises


Investors on Solana, a top blockchain platform, are in a state of panic after the apparent fall of the FTX cryptocurrency exchange. The other centralized exchange eventually stopped stablecoin trades through Solana on Tuesday. In the wake of this week’s decline in the value of Solana’s...

Trading volume stays above $2T for Exness


Exness has disclosed its trading volume data for the month of October 2022. With a trading volume of more than $2.5 trillion, October marked the eighth consecutive month in which Exness reported a trading volume of more than $2 trillion. The figure represents a 142% year-over-year increase and...

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