The Sports Marketing Deals Are Crumbling Along With FTX | Sports Marketing | FTX | Crypto Exchanger
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FTX was flush with cash in 2021 and early 2022, investing at least $375 million in teams and leagues as part of its sports marketing campaign. In the wake of the exchange's bankruptcy last week, these sponsorships are falling apart one by one, as FTX has lost its liquidity.
Some of FTX's biggest sports and esports partners have already cancelled their contracts as a result of the exchange's very public failure, and others are currently negotiating how to end long-term, valuable alliances. This post lists FTX's sports partners and how they are handling the exchange's demise.
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A Feature Called Workspaces Has Been Introduced To Help People Manage The Deluge Of Information
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Keeping track of your workspace's chats is tough? Google recognizes your difficulty, and is 'thrilled to introduce conversation summaries in Google Chat for Spaces.' Now, you'll be able to follow your spaces conversations at once in your premium workspace.
A chat in a workspace chat is perfect for small spaces but can be tough to follow in larger spaces. You know the drill—you enter your workspace, you go to your spaces, you look at the chats, and there are so many conversations that you can't follow them all.
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Nansen Says The Terra Is Probably The Cause Of The FTX Catastrophe | Terra | FTX | Nansen | Crypto
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Nansen, a blockchain analytics firm, says that Alameda Research was never separated from FTX and that the firm's strategy of keeping Alameda afloat began to unravel when TerraUSD fell. The report was published on Thursday, just over a week after the interwoven entities collapsed—the failure still sending tremors throughout the crypto community.
Nansen's team determined that the Luna/Terra debacle highlighted Alameda's connection with FTX's. Because of the Terra-Luna/3AC event, there was a large FTT outflow from Alameda to FTX. Alameda Research, the quantitative trading desk co-founded by Sam Bankman-Fried in 2017, interacted with wallets controlled by FTX before the company commenced operation in May 2019.
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Baby Sloths Being Sloths FUNNIEST Compilation
This is a compilation of the FUNNIEST and CUTEST sloth videos. Sloths are named after the capital sin of sloth because they seem slow and lazy at first glance but they really are slow compared to other animals.
Sloths make good habitats for other organisms, and a single sloth may be home to moths, beetles, cockroaches, fungi, ciliates, and algae.
Classified as Critically Endangered (CR B1ab(ii,iii)) on the 2010 IUCN Red List of Threatened Species. The most serious threat to the pygmy three-toed sloth is the destruction of mangroves in which they live.
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People Are Tweeting The Same Joke About Elon's Twitter Fiasco In Thousands | Twitter | Elon Musk
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Since 3 pm Eastern Time on Tuesday, Twitter users have been posting the same phrase, “buying Twitter for $44 billion to make it worthless in two weeks is the closest Elon Musk will come to giving money away,” at the suggestion of a social media marketer.
Today while working at home, Saeed Awawdeh, a 25-year-old social media marketer in New York who goes by @SaeedDiCaprio on Twitter, came up with the concept. “This was a bathroom break idea to u,” he said. The social media specialist says he threw together a hasty post on the social media platform in between other jobs.
“It was just a spur-of-the-moment thing,” he says. “I just posted it and went home.” It's true, however, that Musk's post was rooted in his anxiety about Twitter going bankrupt if its staffing and business model aren't overhauled. “I’ve been tweeting for a while now, and my buddies have been leaving the platform, putting my job of running the Twitter accounts for a variety of companies in jeopardy,” he says.
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The FTX Platform Has Lost $600 Million In Cryptocurrency After An Apparent Hack | Crypto Exchange
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The cryptocurrency exchange FTX reported Friday that a “hacking” incident had diverted hundreds of millions of dollars in assets. A company in a state of financial and reputational free fall, the once-reputable and heavily promoted cryptocurrency exchange was investigating irregular asset transfers on Friday after it was hit by a barrage of complaints from users.
As much as half a billion dollars may have been stolen, subsequent investigation revealed. Customers of the exchange began to complain on Twitter that their funds had disappeared late Friday. As of 11:52 p.m. Friday, the following message was posted on the exchange’s Telegram channel:
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Meme Token SHIB Is holding 20% Of Its Reserves In Crypto com | SHIB | Crypto.com | Crypto Exchange
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Crypto exchange Crypto.com has revealed that it holds 20% of its reserves in Shiba Inu (SHIB) tokens, a meme digital currency. According to Nansen's blockchain research, Crypto.com holds the greatest share (31%) of its digital assets in Bitcoin, followed by Shiba Inu (SHIB) at 20%.
Crypto.com has about $570 million in Ethereum-based meme coins in addition to Ethereum, which comprises about 17% of the firm’s holdings. The Tether (USDT) and USDC stablecoins are each worth around 5% of Crypto.com's reserves, in addition to numerous other cryptocurrencies and tokens worth around 20% in total.
Nansen gathered the exchange’s wallet addresses into a single dashboard and revealed the exchange’s reserves. Crypto.com CEO Kris Marszalek confirmed the data on the dashboard in a tweet, saying that the exchange would provide more details on its complete holdings in the next couple of weeks in addition to the information on the dashboard.
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