Exchange Tokens

BD-02-23-23
5 Takeaways From Coinbase's 'Base' Layer 2 Chain Launch
A new Ethereum layer 2 built on the Optimism stack has been announced by Coinbase.
BD-02-23-23

FTX app
SEC Calls FTT Exchange Token a Security
The complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.
FTX app

CDCROP: FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)
What Is a Crypto Exchange Token and How Did It Help Blow up FTX?
Exchange tokens do not represent a claim on a centralized crypto businesses, but they can have utility.
CDCROP: FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)

CDCROP: FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)
FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze
FTX did not report the recent token burn, which was scheduled on Nov. 7.
CDCROP: FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)
FTX Suspends Customer Signups After Widespread Criticism
The crypto exchange is facing an acute liquidity crisis.
CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)

CDCROP: Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
Binance Tops Up Emergency Insurance Fund 'SAFU' to $1B After BNB Volatility
Binance token-related addresses were topped up with over $700 million in different tokens, while a bitcoin address was funded with $300 million.
CDCROP: Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

CDCROP: Huobi token's daily price chart (TradingView, CoinDesk)
Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token
The Huobi token rose to a four-month high of $7.60 early Thursday.
CDCROP: Huobi token's daily price chart (TradingView, CoinDesk)

BitMEX CEO Alexander Höptner, center, speaks at Token2049 in Singapore (Token2049)
Crypto Futures Exchange BitMEX CEO: Expect an Exchange Token ‘This Year’
The launch of BMEX was delayed because of market conditions, but the exchange’s CEO wants to get it launched before the end of 2022.
BitMEX CEO Alexander Höptner, center, speaks at Token2049 in Singapore (Token2049)

(Shaurya Malwa)
Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth
Ribbon said it expects trading volumes to reach over $100 million a day within the first six months.
(Shaurya Malwa)

CDCROP: Prime Minister Kishida Press Conference (Zhang Xiaoyu - Pool/Getty Images)
Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan
A handful of lawmakers are forming new policies, bypassing the usual lengthier route.
CDCROP: Prime Minister Kishida Press Conference (Zhang Xiaoyu - Pool/Getty Images)