Markets

When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says

Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made them wait longer to sell.

Sam Bankman-Fried, CEO, FTX and Christine Lee, Lead Anchor, CoinDesk

Markets

Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze

Traders liquidated some $245 million worth of short positions, according to Coinglass.

(WikiImages/Pixabay)

Finance

Crypto Exchange Binance Delists Serum Trading Pairs Amid FTX Connection

Three Serum trading pairs on Binance will be terminated on Nov. 28.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Finance

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.

Sino Global Capital founder Matthew Graham. (CoinDesk TV)

Markets

Serum’s SRM Tokens Double in Price After Emergency Fork in Wake of FTX Hack

The Serum token price rose as high as 32 cents, from a low of 12 cents just two days ago, as community members of the decentralized exchange scrambled to implement an emergency fork in the wake of security concerns triggered by the hack of Sam Bankman-Fried's FTX exchange.

Price chart shows Serum’s SRM price jump on Tuesday. (CoinDesk)

Finance

FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda's Ouster

Developers are scrambling to create a new version of the on-chain liquidity hub that has no ties to Sam Bankman-Fried’s burning empire.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

FTX Hack déclenche une révolution chez Serum DEX alors que les Solana préparent l'éviction d'Alameda

Les développeurs se démènent pour créer une nouvelle version du centre de liquidité en chaîne qui n’a aucun lien avec l’empire en feu de Sam Bankman-Fried.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

FTX Hack спричиняє революцію в Serum DEX, оскільки розробники Solana планують вигнання Аламеди

Розробники намагаються створити нову версію центру ліквідності в ланцюжку, яка не буде пов’язана з палаючою імперією Сема Бенкмана-Фріда.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

FTX Hack Sparks Revolution sa Serum DEX bilang Solana Devs Plot Alameda's Ouster

Nagsusumikap ang mga developer na lumikha ng bagong bersyon ng on-chain liquidity hub na walang kaugnayan sa nasusunog na imperyo ni Sam Bankman-Fried.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

FTX Hack provoca una revolución en Serum DEX mientras los desarrolladores de Solana traman el derrocamiento de Alameda

Los desarrolladores están luchando por crear una nueva versión del centro de liquidez en cadena que no tenga vínculos con el imperio en llamas de Sam Bankman-Fried.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

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