• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
TSM organization refuses to cooperate with FTX

TSM organization refuses to cooperate with FTX

user avatar

by dapp_writer005

3 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Anatoly Yakovenko Predicts Stablecoin Market to Exceed $1 Trillion by 2026

chest

Anatoly Yakovenko predicts that the stablecoin market capitalization will exceed $1 trillion by 2026, driven by rising institutional participation and real-world usage.

user avatarRajesh Kumar

Crypto Market Experiences 14 Days of Extreme Fear

chest

The Crypto Fear and Greed Index has recorded 14 consecutive days in the extreme fear zone, indicating significant distress among investors.

user avatarGustavo Mendoza

XRP Ledger Enhances Security with Quantum-Resistant Features

chest

The XRP Ledger is enhancing its security by proposing quantum-resistant features through Amendment 420, which includes the use of onetime signature keys.

user avatarMiguel Rodriguez

Institutional-Driven Blockchain Fragmentation on the Rise

chest

Coinbase's David Duong discusses the trend of fragmentation in blockchain networks as institutions seek tailored solutions for data ownership and compliance.

user avatarLuis Flores

Specialized Blockchain Networks Transforming Crypto Infrastructure

chest

David Duong from Coinbase highlights the emergence of specialized blockchain networks that are reshaping the crypto landscape, emphasizing the importance of interoperability.

user avatarArif Mukhtar

Glamsterdam Upgrade to Influence Future Hegota Features

chest

The upcoming Glamsterdam upgrade will include significant features that may influence the Hegota upgrade.

user avatarMaria Gutierrez

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.