Cryptocurrency News

SBF and Alameda step in to prevent crypto collapse contagion

2022.06.20 10:56

SBF and Alameda step in to prevent crypto collapse contagion
SBF and Alameda step in to prevent crypto collapse contagion

Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market.

Numerous crypto companies are facing liquidity issues (of varying severity) as a result of the strong market downturn throughout 2022. Major firms such as Celsius and Three Arrows Capital (3AC) are both reportedly on the brink of insolvency and could potentially bring others down with them if they were to collapse.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,434.84 0.05%
ethereum
Ethereum (ETH) $ 2,761.20 2.95%
xrp
XRP (XRP) $ 2.56 0.97%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 666.82 1.88%
solana
Solana (SOL) $ 170.84 0.39%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.244193 0.59%
cardano
Cardano (ADA) $ 0.767723 0.44%
staked-ether
Lido Staked Ether (STETH) $ 2,755.07 2.87%
tron
TRON (TRX) $ 0.241746 1.47%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,395.83 0.02%
chainlink
Chainlink (LINK) $ 17.80 1.19%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,290.92 2.79%
avalanche-2
Avalanche (AVAX) $ 25.60 1.26%
sui
Sui (SUI) $ 3.40 1.45%
stellar
Stellar (XLM) $ 0.330908 0.52%
litecoin
Litecoin (LTC) $ 126.10 2.93%
the-open-network
Toncoin (TON) $ 3.77 4.83%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 2.20%
leo-token
LEO Token (LEO) $ 9.70 0.30%
hedera-hashgraph
Hedera (HBAR) $ 0.213565 1.42%
mantra-dao
MANTRA (OM) $ 8.59 12.86%
usds
USDS (USDS) $ 1.00 0.16%
hyperliquid
Hyperliquid (HYPE) $ 24.23 2.41%
polkadot
Polkadot (DOT) $ 5.04 2.71%
weth
WETH (WETH) $ 2,760.57 2.88%
bitcoin-cash
Bitcoin Cash (BCH) $ 326.13 2.14%
bitget-token
Bitget Token (BGB) $ 5.14 1.48%
ethena-usde
Ethena USDe (USDE) $ 0.999809 0.11%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,928.64 2.96%
uniswap
Uniswap (UNI) $ 9.00 2.64%
monero
Monero (XMR) $ 235.57 1.86%
near
NEAR Protocol (NEAR) $ 3.46 0.07%
pepe
Pepe (PEPE) $ 0.000009 2.76%
whitebit
WhiteBIT Coin (WBT) $ 27.43 0.20%
aave
Aave (AAVE) $ 246.04 1.39%
ondo-finance
Ondo (ONDO) $ 1.15 1.29%
bittensor
Bittensor (TAO) $ 432.09 1.55%
aptos
Aptos (APT) $ 5.98 0.93%
internet-computer
Internet Computer (ICP) $ 7.16 0.49%
dai
Dai (DAI) $ 0.999886 0.01%
official-trump
Official Trump (TRUMP) $ 16.22 0.72%
ethereum-classic
Ethereum Classic (ETC) $ 20.57 1.63%
mantle
Mantle (MNT) $ 0.91284 2.87%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.04 3.03%
okb
OKB (OKB) $ 49.43 0.65%
gatechain-token
Gate (GT) $ 23.40 0.89%
susds
sUSDS (SUSDS) $ 1.04 0.13%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,569.87 0.11%