FTT


Finance

Kevin O’Leary Says Comments From Gensler Killed His Attempts to Help Save FTX

The "Shark Tank" star said he was receiving requests from funds about the crypto exchange, but remarks from the SEC's chairman threw a wrench in the plans.

Kevin O'Leary (Michael Kovac/Getty Images)

Markets

The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline

Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the speculation kept shifting.

Annotated chart of the 162-asset CoinDesk Market Index (CMI) over the course of the FTX and Alameda saga. (CoinDesk Indices and Research/Sage D. Young)

Finance

FTX's 'Effective Altruism' Future Fund Team Resigns

In an open letter, the team said it was unable to perform their work or process grants and have "fundamental questions" about the legitimacy and integrity of business operations.

(Nas Daily/YouTube)

Videos

Trust Is Gained Over Time but Lost in an Instant: Analyst

Tokens related to cryptocurrency exchange FTX, including FTT and Solana (SOL), have fallen sharply amid contagion fears. Citi Digital Asset Analyst Joe Ayoub said "that's largely because of a lack of trust from users in these projects that are related to Sam [Bankman-Fried]."

Recent Videos

Videos

Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal

Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.  

Recent Videos

Finance

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.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Finance

NFL Legend Tom Brady Caught in FTX Fallout, Risks Losing Complete Strategic Investment

A tarnished record after coming out of retirement, a divorce and now a wipeout of the strategic investment in FTX. It has been a rough year for the seven-time Super Bowl champion.

Sam Bankman-Fried and Tom Brady at Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)

Markets

FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTT token's crash theoretically could wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin fell to a 23-month low.

FTX's exchange token dropped to as low as $4 from $22 less than a day ago. (CoinDesk)

Markets

Alameda Thanked for ‘Prompt Response’ in Transferring $37M of BitDAO Tokens

The community behind BitDAO earlier feared that Sam Bankman-Fried's crypto trading firm might liquidate some of its token holdings as speculation sends prices plunging for the related FTX exchange's FTT tokens.

(Yuichiro Chino/Getty Images)

Markets

Abracadabra's MIM Stablecoin Briefly Lost Dollar Peg as FTX's FTT Token Tanked

FTT is the largest collateral backing MIM, accounting for 33% of the total collateral locked in Abracadabra's "cauldrons."

(CoinGecko)

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