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November 23

Nov 23, 2022

Good Morning,

For today’s MexicaNFTimes, we’ve got some great articles and news:

Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
Saudi Arabia’s NFT Collection Soars After Unexpected Soccer Win Against Argentina

The MexicaNFTimes

Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion

FTX’s vast web of entities had a total of around $1.24 billion in cash balances as of Nov. 20, according to a new court filing out late Monday. The filing was penned by Alvarez & Marsal North America, which is advising FTX on restructuring efforts after the exchange filed for bankruptcy protection earlier this month…

a year ago · Sofía Ponzanelli

The MexicaNFTimes

CoinMarketCap launches proof-of-reserve tracker for crypto exchanges

CoinMarketCap, a leading market researcher and tracker in the crypto industry, announced the launch of a new feature on its platform that gives users updated financial insights on exchanges. The proof of reserves (PoR) tracker audits active cryptocurrency exchanges in the industry for transparency on liquidity at a given moment. According to the announce…

a year ago · Sofía Ponzanelli

The MexicaNFTimes

Saudi Arabia’s NFT Collection Soars After Unexpected Soccer Win Against Argentina

We’re only a few days into the FIFA World Cup in Qatar but fans are already betting on who will make it far in this year's tournament – and right now, Saudi Arabia seems to be a popular choice in the crypto industry. Sales for the Saudi Arabia-themed non-fungible token (NFT) collection called “The Saudis” increased 387% on Tuesday following the country’s…

a year ago · Sofía Ponzanelli

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