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Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin and other news: Hodler’s Digest, Sept. 10-16
16.9.2023
Paxos makes a mistake, pays $500k in Bitcoin transfer; FTX receives court approval for token sales, and Gemini Earn users receive plan for fund recovery
Tokenized FTX claim is used as collateral for a loan
24.6.2023
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan
Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase
15.2.2023
A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating...
Which tokens could FTX dump on the market?
18.1.2023
The list of illiquid tokens includes a Donald Trump prediction token, an animal fundraising coin and tokens for several Solana projects
What is tokenization and how are banks tapping into its design principles?
1.12.2022
Financial services organizations can use tokenization to solve several friction points and have better risk management in place
Regulator Halts Trading of FTX Tokens in Indonesia
17.11.2022
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world....
FTX tokens (FTT) Fails 80%; BudBlockz (BLUNT) just about to rise
14.11.2022
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across digital asset markets. Alameda and FTX are parts of the rapidly diminishing crypto empire owned...
FTX tokens (FTT) falls 80%; BudBlockz (BLUNT) just about to rise
14.11.2022
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across digital asset markets. Alameda and FTX are parts of the rapidly diminishing crypto empire owned...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
Binance Removes FTX Tokens Citing Confusion
28.3.2020
Binance removes FTX leveraged token products from exchange