Market Cap: $2,905,692,986,217
24h Vol: $64,980,493,784
Cryptocurrencies: 26009
Markets: 101336
Cryptocurrencies: 26009
Markets: 101336
Market Cap: $2,905,692,986,217     
24h Vol: $64,980,493,784
cryptonews 2022-12-23 13:53:00

New Revelation: FTX’s Acquisition of Blockfolio Paid in FTT Tokens Which are Now Virtually Worthless – Here’s What You Need to Know

New Revelation: FTX’s Acquisition of Blockfolio Paid in FTT Tokens Which are Now Virtually Worthless – Here’s What You Need to Know
When the now-bankrupt crypto exchange FTX acquired the crypto mobile app Blockfolio, payment was not made in cash but instead in the form of FTX’s own FTT tokens, financial statements have revealed. According to Bloomberg, which said it has obtained financial statements from FTX, about 94% of the Blockfolio acquisition was paid for in FTT tokens. The amount paid was roughly $84m for a 52% equity stake in Blockfolio.... Read More: New Revelation: FTX’s Acquisition of Blockfolio Paid in FTT Tokens Which are Now Virtually Worthless – Here’s What You Need to Know
esptco-banner img
Latest News

Videos

  • What is TRON (TRX)? EXPLAINED!

  • Bitcoin OR Altcoins: Which Is Best? Easy Explanation!

  • What is Cryptocurrency? | Everything About Cryptocurrencies!

  • How to Buy BTC with Binance Mobile!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire