What Is a #Crypto Exchange #Token and How Did It Help Blow up FTX? The FTT exchange token played a major role in the fall of the FTX exchange and it's firm Alameda Research. It was the use of FTT to inflate both entities’ balance sheets that raised the
https://t.co/xJppmpy37l
#Temasek Says Its #FTX Investment Is Now Worth Zero. Temasek said that it did eight months of due diligence on FTX in 2021, reviewing its audited financial statements, analyzing regulatory risk, and cyber security threats before buying a 1% stake.
https://t.co/hVKBclaV6F
#HongKong Wants to Be a #Crypto Hub Again. At the opening of Hong Kong FinTech Week, regulators declared the city’s ambitions to be a virtual asset hub. The government announced that they will be in talks for allowing retail investors to invest on
https://t.co/2g5YGwN4P5