The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX’s sister company Alameda Research led to a liquidity crunch in early November. On Tuesday, rival exchange Binance was looking to buy the embattled FTX before the deal was scrapped – the exchange is now seeking protection from bankruptcy in the U.S.
Nasdaq-listed Webus inks $100M funding deal with Ripple Strategy Holdings to support XRP reserve strategy, stock jumps 130% intraday
Key Takeaways Webus secured a $100 million fairness line of credit score from Ripple Technique Holdings to fund its XRP...