FTX: Cryptocurrency market rocked by near-collapse of exchange

FTX: Cryptocurrency market rocked by near-collapse of exchange

The near collapse of one of the world’s largest cryptocurrency exchanges, FTX, has shaken the digital assets market.Information Guide Nigeria After a surge in withdrawals caused a “significant liquidity crunch” on Tuesday, FTX reached a rescue agreement with its larger competitor Binance. In just three days, $6 billion (£5.2 billion) in withdrawals were reportedly triggered … Read more