• 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

Prediction Markets Evolve into Financial Infrastructure

chest

Prediction markets are evolving into a core component of financial infrastructure, providing innovative solutions for risk management and decision-making.

user avatarEmily Carter

Crypto Fraud Reaches Industrial Scale in 2025

chest

A report by Cyvers reveals a significant rise in crypto fraud and security incidents, indicating a shift towards more organized and sophisticated fraudulent activities.

user avatarTomas Novak

BlockchainFX Focuses on Multi-Asset Crypto Infrastructure

chest

BlockchainFX is offering a blockchain-native alternative to traditional FX systems, currently in presale.

user avatarKaterina Papadopoulou

VeChain Maintains Steady Progress Amid Market Volatility

chest

VeChain is continuing its enterprise-first approach, with a public AMA scheduled for January 21, 2026, to discuss developments across its SVET ecosystem.

user avatarLeo van der Veen

Pudgy Penguins Faces ETF Review Delay

chest

Pudgy Penguins faces a setback as the SEC delays the review of its proposed Canary PENGU ETF until March 11, 2026, causing a 6% drop in price.

user avatarMaya Lundqvist

Crypto Market Shows Mixed Signals with BNB and XRP

chest

The crypto market is experiencing mixed signals as BNB price remains stable while XRP holds above the $2 mark.

user avatarLi Weicheng

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.