FTX’s Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday.
Read MoreFirst Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves.
Plus: Sam Reynolds questions the logic of calls to ban crypto, arguing that it has little chance of causing problems in traditional finance.
Read MoreAlameda’s Caroline Ellison, FTX’s Gary Wang Plead Guilty to DOJ ‘Fraud’ Charges, Also Settle With SEC, CFTC
U.S. Attorney Damian Williams announced Wednesday that Caroline Ellison and Gary Wang pleaded guilty to charges tied to FTX’s collapse.
Read MoreSEC Calls FTT Exchange Token a Security
Complaint against Alameda’s Caroline Ellison and FTX’s Gary Wang contains allegations that FTX’s exchange token, FTT, constitutes an investment contract.
Read MoreBitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce
The largest cryptocurrency by market capitalization has been moving sideways in a range between $16,700 and $16,900 in the past 24 hours as traders grappled with an uncertain market outlook
Read MoreSee You on the Otherside: How Yuga Labs Is Bringing Its Billion-Dollar Business Into the Metaverse
Greg Solano and Wylie Aronow certainly didn’t set out to create one of the most successful NFT projects to date and build a $4 billion empire in just under two
Read MoreDeFi Project Popsicle’s ICE Token Triples as Controversial Wonderland Founder Returns
The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli unveiling his return to rebuild the project.
Read MoreThere’s Less Money in Crypto, and That’s a Good Thing
Crypto’s boom and bust were driven by the same plague that has turned the entire finance industry into a shady casino. So it’s no tragedy if the speculators take a
Read MoreUniswap DAO Community Members Vote in Favor of New Governance Process
After a week-long vote that ended Wednesday, TKTK percent were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.
Read MoreOne of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
Crypto ally U.S. Sen. Pat Toomey (R-Pa.) used one of his final days in office to send a last legislative message on regulating stablecoins.
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