BlackRock CEO Says FTX’s Token Caused Its Collapse, But The Technology Is Still Cutting Edge
Asset management company BlackRock Inc.’s (NYSE: BLK) CEO Larry Fink asserted that FTX’s collapse was caused by the creation of its own centralized (CRYPTO: FTT) token, which went against the…
BlackRock CEO: FTX Token caused downfall, but tech still revolutionary
Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market.
Just In: Blackrock CEO Larry Fink Says FTX Failed Due To FTT Token
FTX News: Asset manager Blackrock is one of the big names associated with investments in bankrupt crypto exchange FTX. In a latest, Larry Fink, the chairman and CEO of BlackRock,…
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx…
Analyst Predicts Aftermath for Solana, Serum, Sushi and FTT Following Downfall of FTX and Sam Bankman-Fried
A popular crypto analyst is laying out his predictions for Solana (SOL) and a handful of other altcoins after this month’s digital asset market fallout. The pseudonymous trader Altcoin Psycho…
Understanding The Rise And Fall Of FTX, FTT And Alameda Research
The rise and fall of FTX and Sam Bankman-Fried revealed holes in the crypto space that industry peers, the media, and government officials either chose to overlook or refused to…
3 Lessons Every Investor Needs to Learn From the Collapse of FTX
Knowing these three things could make or break your portfolio.
Unbacked Exchange Tokens Like FTX’s FTT ‘Extreme Risk’: Bank of England Deputy Governor
Sir Jon Cunliffe also praised blockchain tech and confirmed the British approach to crypto will start with stablecoin regulation.
BoE speculates FTT token fire sale may have sparked FTX collapse, calls for widespread regulation
Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on November 21, where he said that the FTX collapse was triggered by an run and…