Trading firm Wintermute tweeted Nov. 9 that it had reduced its exposure to FTX after the insolvency concerns started. During the withdrawal pause, some of its funds were stuck, but the amount was “within our risk tolerances and does not have a significant impact on our overall financial position,” Wintermute said.
Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on Arbitrum
“The significance of Injective’s integration with Arbitrum extends beyond just building blockchain networks or infrastructure,” said Eric Chen, the co-founder...