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FTX
FTX's Bitcoin Balance Plunges to Just 1
Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass.

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."

BitDAO Community Asks Alameda for Proof of Funds After BIT's Sudden 20% Drop
The BitDAO community has said that it will vote on what to do with its FTT tokens if Alameda fails to provide evidence that it continues to hold BIT tokens as promised. Alameda has promised to provide the evidence soon.

Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token
Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.

Sam Bankman-Fried No Longer a Billionaire After $14.6B Wipeout: Bloomberg
The FTX CEO lost an estimated $14.6 billion dollars – nearly 94% of his total wealth – according to the Bloomberg Billionaire Index.

FTX Token Plummets on Withdrawal Concerns as Contagion Hits Broader Crypto Markets
The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.

FTX/Alameda Questions Hold the Spotlight as US Midterm Election, Inflation Data Loom
A drop below $22 could mean a more significant ride down for FTT.

Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
FTX CEO Sam Bankman-Fried is denying insolvency rumors plaguing the crypto exchange, tweeting in part "FTX has enough to cover all client holdings." This comes after CoinDesk revealed the balance sheet of FTX's sister company Alameda Research was loaded with FTX's native exchange token FTT. Binance CEO Changpeng "CZ" Zhao, a sizable owner of FTT, said his exchange would begin liquidating any remaining FTT it held on its books. CoinDesk Deputy Managing Editor Tracy Wang discusses the developments.

Solana Falls and Speculation Centers on Links to Sam Bankman-Fried’s FTX, Alameda
The SOL token fell 4.7% in the past 24 hours, and crypto traders are forming all sorts of theories as to why.

Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens
Traders are scurrying to hedge against a potential slide in crypto exchange FTX's native token, FTT, in the wake of Binance's decision to liquidate FTT holdings and controversy surrounding sister company Alameda Research's balance sheet. This comes as FTX CEO Sam Bankman-Fried tweeted in part that "FTX is fine. Assets are fine." "The Hash" panel discusses the latest developments after CoinDesk published a story revealing that Alameda's balance sheet was loaded with FTT.
