Even for a sector regularly rocked by bankruptcies, the collapse of FTX –- a cryptocurrency platform worth $32 billion at the beginning of the year came as a shock.
Even for a sector regularly rocked by bankruptcies, the collapse of FTX –- a cryptocurrency platform worth $32 billion at the beginning of the year came as
FTX struck a bailout deal with rival Binance after concerns about its financial health triggered $6billion of withdrawals in just three days, in yet another alarm warning for the battered market.
Struggling cryptocurrency exchange FTX faces a fresh crisis, following reports that its biggest rival Binance may walk away from a proposed bailout as the saga rocks the wider crypto market.