News Details
The aftermath of FTX bankruptcy
Sports teams and businesses may shy away from long-term deals with crypto firms to minimise their risks after troubled crypto exchange FTX filed for U.S. bankruptcy protection last week, industry experts told Reuters on Monday. FTX filed for bankruptcy on Friday in one of the highest-profile crypto blow-ups after traders withdrew $6-Billion from the platform in just 72 hours and rival exchange Binance abandoned a proposed rescue deal. The announcement had an immediate impact in the world of sport, where the exchange has a significant presence, with the Mercedes Formula 1 team suspending its partnership agreement ahead of the Brazilian Grand Prix. National Basketball Association side Miami...
Full Story »
Full Story »
1y ago from GrandPrix247.com
0
You May Also Be Interested In...
Mercedes monitoring situation at bankruptcy-facing FTX
The Mercedes Formula 1 team said on Thursday they were keeping the...
1y ago from GrandPrix247.com
Wolff: Utter disbelief at what has happened with FTX
The collapse of crypto exchange FTX has left Formula 1 partners Mercedes...
1y ago from GrandPrix247.com
Mercedes suspend FTX partnership
The Mercedes Formula 1 team said on Friday they had suspended a...
1y ago from GrandPrix247.com
Mercedes retaining FTX logos on W13 amid crypto...
The Mercedes F1 team has retained the presence on its cars in Brazil of...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Oliveira reckons MotoGP “looks too easy” on TV now
No description available...
52m ago from Motorsport.com
How MotoGP brakes work: Secrets of stopping a 220mph...
No description available...
21h ago from Motorsport.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
21h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
1d ago from MotorsportWeek.c...
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
1d ago from Motorsport.com
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
2d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Croatia: Neuville sets the pace to lead title...
No description available...
4h ago from Motorsport.com
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
21h ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
1d ago from Motorsport.com
Sebastian Ogier tops Croatia Rally shakedown
Sébastien Ogier announced his return to FIA World Rally Championship...
19h ago from MotorsportWeek.c...
Popular On GunnersToday.com
'When you lose one game, it doesn’t mean you lost...
No description available...
52m ago from SportsKeeda.com
'Will definitely move to a top European club' -...
No description available...
1h ago from SportsKeeda.com
'We still have something beautiful to fight for' -...
No description available...
1h ago from SportsKeeda.com
Premier League GW34 & FA Cup semi-finals predictions:...
Sports Mole takes on Spinn drummer and Aston Villa fan Louis O'Reilly for...
1h ago from SportsMole.co.uk
Comments
Hottest News
F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times...
George Russell saved himself from an ignominious... Read More »
7h ago from GPFans.com
FIA CANCEL important drivers' meeting after huge drama in...
An important meeting set to be held with all of... Read More »
4h ago from GPFans.com
How Wolff reacted to Norris' reinstated lap time which...
For a moment Mercedes and Lewis Hamilton thought... Read More »
5h ago from GPBlog.com
