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Exchange Tokens
SEC Calls FTT Exchange Token a Security
The complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.

What Is a Crypto Exchange Token and How Did It Help Blow up FTX?
Exchange tokens do not represent a claim on a centralized crypto businesses, but they can have utility.

FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze
FTX did not report the recent token burn, which was scheduled on Nov. 7.

FTX Suspends Customer Signups After Widespread Criticism
The crypto exchange is facing an acute liquidity crisis.

Binance Tops Up Emergency Insurance Fund 'SAFU' to $1B After BNB Volatility
Binance token-related addresses were topped up with over $700 million in different tokens, while a bitcoin address was funded with $300 million.

Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token
The Huobi token rose to a four-month high of $7.60 early Thursday.

Crypto Futures Exchange BitMEX CEO: Expect an Exchange Token ‘This Year’
The launch of BMEX was delayed because of market conditions, but the exchange’s CEO wants to get it launched before the end of 2022.

Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth
Ribbon said it expects trading volumes to reach over $100 million a day within the first six months.

Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan
A handful of lawmakers are forming new policies, bypassing the usual lengthier route.
