$0.1120 -10.43% 😥

TB #00050

Algorand NFT Details

Addresses

Traits

title
FTX HALTS WITHDRAWALS & TOKEN OFF 35% IN 24 HOURS
assetDescription
Perhaps WW3 is going to be between the abbreviated-billionaires as CZ & SBF attempt to take each other out over Twitter. However only one of the CEX stars will emerge victorious, with the other potentially having their exchange go bankrupt. Over the past 24 hours FTX's $FTT token has lost of third of it's value as withdrawals from the crypto exchange have been halted. Fears over FTX' illiquid assets on their books and senior leadership quitting just months ago has resulted in a run on the banks, over at SBF's firm. If the #2 CEX were to go bust it would be horrific for adoption of cryptocurrency and see tighter regulation be introduced.
assetTags
["#FTX","#SBF"]

ASA Tools

TB #00050 Discussion

ASA Details

TB #00050 is an NFT on the Algorand Blockchain.

It was created on November 8th, 2022 15:53:06 UTC in round 24707361.

This is a 1/1 NFT

Current Round