TechFlow News — According to official updates, cryptocurrency exchange FTX completed its 111th buyback and burn of its platform token FTT yesterday, destroying 88,366 FTT (approximately $6.69 million). A portion of the FTT burns comes from 33% of the trading fees collected by FTX. The total number of FTT tokens burned so far has reached 13,259,739 FTT (approximately $1.003 billion). FTT is currently trading at $69.95, with a total circulating market cap of approximately $12.56 billion.
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