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FTX
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.
Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX
The publicly traded crypto exchange sought to reassure customers and investors during panicky conditions on Tuesday.
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.
The Story of Sam Bankman-Fried’s Backroom Deal With Binance’s CZ
Binance, after exacerbating a bank run on rival crypto exchange FTX, offered to buy out the jewel in SBF's crown.
Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
The exchange token used within the Binance trading environment jumped 20%, leading a broad rebound in crypto markets that had been in free fall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits.
FTX, Binance Deal Draws Antitrust Concern
Regulators have tough powers to stop mergers that quash competition
Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal
Questions about the solvency of FTX were picking up speed on Tuesday morning until Binance announced a non-binding LOI to acquire the crypto exchange.
FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange
The two crypto exchange giants signed a non-binding letter of intent, Binance CEO Changpeng "CZ" Zhao confirmed on Twitter.
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."
