Tuesday, November 8, 2022

FTX's FTT drops 19%+ to ~$18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+ (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
FTX's FTT drops 19%+ to ~$18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+  —  FTT has declined nearly 20% over the course of an hour, with Solana's SOL down 17% and Serum's SRM off 10%.



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Sources: Ross Nordeen, the last remaining cofounder at xAI, left the company on Friday; Nordeen reported directly to Elon Musk as his right-hand operator (Grace Kay/Business Insider)

Grace Kay / Business Insider : Sources: Ross Nordeen, the last remaining cofounder at xAI, left the company on Friday; Nordeen reported d...