Tag: SRM

Cryptocurrency news since the collapse of FTX earlier this month has featured more and more on the impact of the implosion on other businesses. As we reported earlier today, crypto…

The project shared that “a community-wide effort to fork Serum is going strong,” however.

The Solana (SOL)-based decentralized exchange (DEX) Serum (SRM) is updating its community as it faces fallout from the FTX collapse. According to the Project Serum Twitter account, Serum’s mainnet is…

Binance’s decision comes amid extreme uncertainty for Serum over the past month as a result of its links to the now-bankrupt FTX and its founder.

As the Serum ecosystem spirals and SRM tanks, Binance has removed the token’s primary trading pairs.

FTX exposure risk has not stopped Serum price from a massive rally despite major cryptocurrency exchanges delisting SRM.

The Serum crypto dapp has been able to shed FTX’s control over it and its funds. The tale should be a wake-up call for other DeFi projects.