Hornady Bore Driver FTX Instead of a sabot, the Bore Driver FTX bullets have a plastic gas seal at the base of the bullet. Unlike the SST, the FTX incorporates Hornady's InterLock ring to help with weight retention and improve penetration.

The patented flex tip combined. With its secant ogive design creates an aerodynamic bullet with a thinner tapered. Front section and extended bearing surface for a much higher ballistic coefficient.

One thing is for sure, Hornady FTX bullets are totally deer capable and they extend your range with a lever gun. Hornady is even applying these Flex Tips to other cartridges like the . 300 Blackout because they enhance expansion at low velocity.

Flex Tip technology Flex Tip technology is the name Hornady has given to the bullet design in their FTX line of ammunition. This ammo line covers a wide range of calibers and name brands, and is a replacement for the old hollow points used for home defense and concealed carry weapons.

Critical DEFENSE® provides controlled expansion while reducing the potential of over penetration. The patented FTX® bullet and associated Flex Tip® technology used in Critical DEFENSE® ammunition eliminates the clogging and inconsistent expansion and penetration that often plagues hollow point bullets.

The patented Flex Tip® technology of the FTX® and MonoFlex® bullets provide higher ballistic coefficients and velocity increases of up to 250 fps over traditional flat point loads while still providing shock-absorbing safety in tubular magazines.

FTX was one of the largest digital currency exchange platforms for buying and selling cryptocurrencies. As more people invested in cryptocurrencies, they turned to these platforms because they provided a digital wallet to store cryptocurrencies directly in a personal account.

What happened to FTX? FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which reached a two-year low as of Nov. 9.

FTX filed for bankruptcy on Nov. 11, 2022, after a surge of customer withdrawals earlier in the month.

How Did FTX Fail? FTX filed for bankruptcy on Nov. 11, 2022, after a surge of customer withdrawals earlier in the month. Then-CEO Sam Bankman-Fried admitted that the company didn't have sufficient assets in reserve to meet customer demand.

Reuters reported that Bankman-Fried moved up to $10 billion in FTX customer funds to Alameda, whose assets were primarily held in the FTT token. This, coupled with CZ's announcement of selling Binance's stake in FTT, led customers to an increase in customer withdrawals and, thus, the bankruptcy of the entire FTX Group.

In April 2018, CoinShares and FTX launched an exchange-traded product (ETP) for FTT with about $40 million in seed capital. In June 2021, FTX renamed Miami's American Airlines Arena to the FTX Arena after buying the naming rights for $135 million. A $400 million funding round in January 2022 valued FTX at $8 billion.