FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
Around 94% of the $84 million FTX paid for its majority stake in Blockfolio was in the FTT token it invented.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/BIKBJOR7VRAPBEP62L6WY2ADZU.jpg)
Sponsored
Dec 22, 2022 at 9:23 a.m. UTC
Dec 22, 2022
FTT
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DGK7E46IH5HMZNQYYNAMYJBIQM.webp)
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.
Sponsored
Dec 22, 2022 at 4:25 a.m. UTC
Dec 22, 2022
:format(webp)/cdn.jwplayer.com/v2/media/snVwW8fr/poster.jpg)
FTT Token Surges Following FTX's Revival Proposal Supported by Sam Bankman-Fried
FTX's exchange token FTT is skyrocketing over the last 24 hours after Sam Bankman-Fried tweeted his support of a plan to restart FTX by issuing a new FTT token and giving it t...
Sponsored
Dec 9, 2022 at 5:54 p.m. UTC
Dec 9, 2022
:format(webp)/cdn.jwplayer.com/v2/media/1sCRihpp/poster.jpg)
Bitcoin Above $17K as Wholesale Price Inflation Is Hotter Than Expected
Bitcoin (BTC) is trading around $17,100 after a new wholesale inflation report is hotter than expected. Matrixport Head of Research and Strategy Markus Thielen discusses what...
Sponsored
Dec 9, 2022 at 5:05 p.m. UTC
Dec 9, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DFWG4BGCSJDXVJSF6XH7RJYNSQ.png)
FTX Revival Proposal Supported by Sam Bankman-Fried Lifts FTT Token
The crypto exchange's founder tweeted his support for influencer Ran Neuner's revival idea, sending the battered tokens as much as 47% higher.
Sponsored
Dec 9, 2022 at 11:33 a.m. UTC
Dec 9, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PJTR3KRDWJCRVE3QREM6KUOK7A.png)
Weekend Story: What Is a Crypto Exchange Token and How Did It Help Blow up FTX?
On today’s show we’re taking a look at exchange tokens, what they are, and how their mis-use looks to have driven the collapse of FTX, courtesy of CoinDesk’s Chief Insights Co...
Sponsored
Dec 3, 2022 at 11:00 a.m. UTC
Dec 3, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WOGSG5X3MFGABO324AEIHA2TLI.jpg)
FTX’s Collapse Was a Crime, Not an Accident
Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk's Chief Insights Columnist David Z. Morris...
Sponsored
Nov 30, 2022 at 7:15 p.m. UTC
Nov 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HFZUGJZ5WVCDHOMDUMI24XXQMQ.jpg)
Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%
The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.
Sponsored
Nov 30, 2022 at 7:06 p.m. UTC
Nov 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Y3I7WQDX5JCPXBWSJI724USETA.jpg)
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.
Sponsored
Nov 23, 2022 at 4:54 p.m. UTC
Nov 23, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/P2WUAIKL2VBRFAH4YLQUFALBGA.jpg)
On-Chain Data Shows Close Ties Between FTX and Alameda Were There From the Start: Nansen
Niklas Polk, a research analyst at the analytics firm, discusses its latest report, and what on-chain data reveals about the wallets used by FTX and Alameda.
Sponsored
Nov 22, 2022 at 9:07 p.m. UTC
Nov 22, 2022