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.
Has El Salvador halted daily Bitcoin purchases amid IMF loan agreement?
Key Takeaways El Salvador paused its every day Bitcoin purchases, in keeping with on-chain knowledge. The IMF settlement requires El...