TSM organization refuses to cooperate with FTX

TSM organization refuses to cooperate with FTX

user avatar

by dapp_writer005

4 years ago

Team SoloMid (TSM), an esports development company, based in the United States, has announced the termination of its contract with FTX. The TSM team has been considering this issue for a long time and has been monitoring the situation around the crypto exchange.

The deal, worth $210 million, went through in June 2021. TSM received a new name - TSM FTX. As part of the partnership, it was planned to develop offices in different parts of the world. 

Team SoloMid will work to remove FTX from the project name, released merchandise, as well as team and player social media profiles.

The head of TSM assured clients and sponsors that their digital coins are safe for now and the collapse of FTX will not have a negative impact on the future plans of the esports organization.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Rising Oil Prices Complicate Bitcoin's Recovery

Geopolitical developments and rising oil prices add to the uncertainty surrounding Bitcoin's market performance.

user avatarRajesh Kumar

Suspected Cryptocurrency Theft Exceeds $133 Million

A suspected theft of cryptocurrency has escalated to over $133 million, prompting responses from multiple exchanges.

user avatarSatoshi Nakamura

NEAR Token Price Declines Despite Proposal Approval

NEAR Protocol's native cryptocurrency NEAR experienced a price drop on Tuesday, even after a proposal aimed at reducing long-term token dilution was approved.

user avatarJesper Sørensen

Apple's Margin Warning Adds Pressure to Crypto Markets

Apple's outlook raises concerns about rising operating costs, impacting investor sentiment in the technology sector and cryptocurrency markets.

user avatarLucas Weissmann

Investigation Reveals Hacker Controls Millions in Altcoins

Investigation reveals that a hacker controls significant holdings in various altcoins, posing a risk of market impact.

user avatarFilippo Romano

ZeroBeta and Lynq Integrate Tokenized Treasury Holdings for Enhanced Institutional Finance

ZeroBeta and Lynq have announced a new integration that connects tokenized Treasury holdings to institutional borrowing and trading, allowing eligible assets to be pledged as collateral while accruing interest.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.