How to buy Verge (XVG)? The most popular and well-respected cryptocurrency exchanges are Coinbase, Gemini, and Crypto. They have been in the industry since the inception of crypto. To buy the crypto you are looking for, simply register for any of the cryptocurrency marketplaces below and ...
What is the FTT Token? FTT is the utility token of the FTX crypto ecosystem. It was designed to increase network effects and give crypto traders a native token to pay for goods and services on the FTX protocol. The total and circulating supply of FTT was about 345 million and 94 million...
When it comes time to secure allocation in a deal, that same intensity can prove an asset. Entrepreneurs want someone at the table that improves their thinking. Bridging the US and China offers unique value. Crypto is a global phenomenon, yet most of the sector’s investment firms focus on...
Sam Bankman-Fried ordered back to prison after bail denied The rise of the Alameda-FTX empire FTX quickly rose, launching its own token, FTT, in July 2019 and snagging an equity investment from Binance in November of that year. By 2021, according to the CFTC filing, FTX and its subsidiari...
The borrowing and lending scheme between the two firms was more convoluted than just using customer funds to make up for bad trading bets. FTX tried to paper over the hole by denoting assets in two crypto tokens that were essentially made up — FTT, a token created by FTX, and Serum, wh...
After this realization, rival exchange Binance’s CEO Changpeng Zhao announced that the company will sell all its FTT token holdings. This caused the price of FTT to drop sharply and the number of customer withdrawals from FTX to spike. FTX was unable to meet the demand for customer withdrawal...