Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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FTX feels the heat.
After FTX filed for bankruptcy on Friday, the Miami Heat announced that it’s terminating its partnership with the company, which acquired the naming rights to its basketball stadium last year.
The stadium will still be known as the FTX Arena when the Heat faces off against the Charlotte Hornets on Saturday (and probably for the foreseeable future) while the team looks to secure a new sponsorship deal.
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