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TechFlow news on August 25: The cryptocurrency exchange FTX completed its 109th buyback and burn of its platform token FTT, destroying a total of 94,530 FTT worth approximately $4.5 million. A portion of the FTT burns comes from 33% of the trading fees collected by FTX. The total number of FTT burned so far has reached 13,051,891, worth approximately $621 million.
Cryptocurrency exchange FTX completed its 109th buyback and burn of its platform token FTT, destroying 94,530 FTT tokens worth approximately $4.5 million.
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