Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Aptos Labs is now valued at $2 billion as it raises $150 million in latest Series A round. Investment will be used to support developments towards the launch of its mainnet in September.
Christian Nwobodo 3 min read 
Voyager's letter said FTX's offer is designed to "generate publicity" for the SBF-led firm "rather than (add) value for Voyager's customers."
The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage.
FTX and its US division are reportedly seeking to raise new funds at the same valuation of January, 2022.
FTX is looking to invest to stop the "spread of contagion" across the ecosystem with up to $2B in cash ready to be deployed.
The CEO fears a contagion could spread from crypto mining companies with loans collateralized with their mining rigs that have since dropped in value.
BlockFi has confirmed it has given FTX the option to purchase the business for up to $240 million
Zac Prince, CEO of BlockFi has denied claims by CNBC that the company is being sold for $25 million, 99% below its last valuation.
FTX reportedly walked away from a deal with Celsius after discovering a $2 billion hole in its balance sheet. Celsius is currently looking to make "strategic transactions" to secure its assets.
