The bearish trend in the cryptocurrency market is precipitating job losses and biting cash crunches. The overall decline is affecting crypto assets and firms in various ways. Following the demise of the FTX crypto exchange, many individual and institutional investors…
Amber Group Denies Insolvency Allegations
There may still be a spread of FTX’s collapse contagion. The crypto trading and asset management company Amber Group, according to on-chain expert Lookonchain, appears to be on the verge of bankruptcy. Only $11.1M In Assets Amber boasts on its…