Solana CEO: About 20% of Solana projects are invested by FTX or Alameda
Solana co-founder and CEO Anatoly Yakovenko stated that about 20% of Solana's projects are invested by FTX or Alameda, and about 5% of Solana's projects have funds stored on the FTX exchange. For startups, the collapse of FTX is disastrous, as "start-up teams are watching their competitive track disappear." (cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Prediction Market Shows 75% Chance of New Country Buying Bitcoin This Year
Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL
According to RWA.xyz, BlackRock's USD Institutional Digital Liquidity Fund has over $648 million in assets under management. The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin. A