FTT News and Press, Finning International Inc From 11/11/22

The week has been dominated by crypto exchange FTX's rapid decline , and the week is ending with the biggest news of all. FTX Group has filed for Chapter 11 bankruptcy in the U.S., and that puts "approximately 130 additional affiliated companies" into the proceedings. This includes FTX....

As if 2022 wasn't already an eventful one for the industry, the cryptocurrency market just received another suprising bit of news. It was reported that Binance, which is the world's largest crypto exchange based on daily volume, agreed to purchase FTX, the fourth largest, in a major shock...

Despite the fact that FTX continues to be in serious financial trouble , the FTX Token (CRYPTO: FTT) us up 16.5% in the past 24 hours as of 3:50 p.m. ET. The token's low price in the last 24 hours is $2.06, which came after Binance said it wouldn't complete an acquisition of...

Most cryptocurrencies and crypto stocks continued to plunge today as the industry deals with the fallout from the events in recent days that ultimately led the large crypto exchange FTX to agree to sell its non-U.S. operations to Binance. Over the past 24 hours, shares of the world's se...

Shares of fintech leader Block (NYSE: SQ) are tumbling 7.3% at 10:44 a.m. ET on Wednesday amid the fallout over the collapse of the FTX Token (CRYPTO: FTT) cryptocurrency exchange and its subsequent proposed buyout by rival Binance. Block has tethered itself to Bit...

Cryptocurrencies didn't just wake up on the wrong side of the bed this morning; they had a terrible night . At 9:45 p.m. ET on Monday, the bottom fell out of the FTX Token (CRYPTO: FTT) and the race was on to sell everything in crypto. The worst of the decline was reserved f...

The cryptocurrency market went into free fall overnight after Binance CEO Changpeng Zhao and FTX and Alameda Research founder Sam Bankman-Fried escalated their feud. The fallout has been widespread but there were some key moves among certain digital currencies. As of 7:30 a.m. ET, ...

The word "cryptocurrency" is a bit of a misnomer in some cases. Many cryptocurrencies actually look more like rewards such as air miles or commodities like oil. The focus of this article is to compare a particular class of cryptocurrency to stocks. Exchange tokens are created and issued by ...

As of 10:45 a.m. ET today, top cryptocurrencies Bitcoin (CRYPTO: BTC) , Ethereum (CRYPTO: ETH) , and FTX Token (CRYPTO: FTT) are on the move in a big way. These tokens have appreciated 4.6%, 4.9%, and 9.5%, respectively, over the past 24 hours. Bitcoin has a ...

Most cryptocurrencies, including XRP (CRYPTO:XRP) , are trading in the red this year. The XRP token is down 8% year to date, valuing the sixth-largest cryptocurrency at a market cap of US$37.4 billion. XRP is part of the Ripple ecosystem, a company that is wrestling with legal chall...