1H
-0.14%$0.0013
24H
-5.22%$0.0527
7D
-9.00%$0.0946
30D
-17.9%$0.2087
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:
In this guide, we’re taking a look at market trends, their types, explain how to identify them correctly to spot a good buying or selling opportunity.
Below is a comprehensive guide to DeFi for the Bitcoin network – BitFi. It includes the evolution of BitFi, the integration of decentralized finance with Bitcoin, and the groundbreaking launch of the first Bitcoin-based stablecoin, Stably USD.
