1H
-0.03%$0.0004
24H
0.51%$0.0060
7D
-9.38%$0.1232
30D
-32.0%$0.5597
FTX prepares to initiate its massive creditor repayment program, offering up to 120.5% returns for small claims while Bitcoin holders face value cap challenges.
At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion.
The massive liquidity crisis at the FTX exchange has prompted calls for clear regulations in the US crypto market.
The collapse of FTX tokens has sent tremors across the entire crypto industry. ETH withdrawals on FTX have skyrocketed by more than 90% in the last few days.
FTX token value plunged another 20% in the last 24 hours. Nearly $1 billion in FTT market value has eroded since the Binance episode.
FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:
Despite blockchain and Distributed Ledger Technology (DLT) have been one of the most common buzzwords thrown about in events and seed-raises to bolster investments, not so many know the difference between these two techs.
Just as it is important to understand that investment is one of the pathways to financial breakthroughs, it is also crucial to understand the basic classification of stocks before venturing into the stock market. Here’s a deep guide on stock classification for beginners.
