Exchange Tokens


Finance

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.

(Leon Neal/Getty Images)

Opinion

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.

(Danny Nelson/CoinDesk)

Finance

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.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Finance

FTX Suspends Customer Signups After Widespread Criticism

The crypto exchange is facing an acute liquidity crisis.

Twitter Spaces: FTX – 1) What

Finance

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.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Markets

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.

Huobi token rallies to highest since June 6. (TradingView, CoinDesk)

Markets

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.

BitMEX CEO Alexander Höptner, center, speaks at Token2049 in Singapore (Token2049)

Markets

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.

Ribbon founder Julian Koh announced Aevo at Token 2049 in Singapore. (Shaurya Malwa/CoinDesk)

Policy

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.

Japan Prime Minister Fumio Kishida has designated Web3 as a pillar of economic reform. (Zhang Xiaoyu/Getty Images)

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