The CEO of cryptocurrency derivatives exchange FTX, Sam Bankman-Fried, believes he would donate anywhere between $100 million and $1 billion during the 2024 United States presidential election campaign. Donation for 2024 US Presidential Campaign In a recent podcast interview with American Journalist Jacob Goldstein, SBF asserted that he would spend something “north of a $100...Read More
Difficult to prove, yet often suspected, insider trading has been a staple practice of dishonest investors ever since the stock markets took off. Over time, regulators like the SEC were founded in order to fight the phenomenon – despite it being an elusive one hard to pin on a perpetrator. This is due to the...Read More
The US arm of the cryptocurrency exchange, FTX, is going old school with the launch of its new stock-trading service for a limited number of users in the country. The new offering is being released through FTX Capital Markets, which happens to be a FINRA member broker-dealer. Push for Stock Trading According to the official...Read More
Sam Bankman-Fried, the CEO of leading crypto exchange FTX, has purchased a 7.6% stake in the online trading platform Robinhood. According to a Thursday filing with the US Securities and Exchange Commission (SEC), the billionaire’s shares are worth $648 million, purchased at an average price of $11.52. Of note, the deal involved Emergent Fidelity Technologies...Read More
One of the most successful NBA teams – The Golden State Warriors – became the first basketball club to introduce a non-fungible token collection for its fans by partnering with the crypto exchange FTX. The Warriors Dive Deeper Into the NFT Universe The Golden State Warrior – an NBA team based in San Francisco that...Read More
FTX US made a “strategic investment” in IEX Group (a US-based stock exchange). The collaboration will aim to set up a comprehensive and transparent market structure for dealing with digital asset securities. FTX’s Newest Deal The US branch of the global crypto exchange – FTX – continues to engage with large organizations to accelerate the...Read More
Neutrino, the algorithmic price-stable assetization protocol, serves as an accessible DeFi toolkit. It was built on top of the Waves blockchain and had managed to almost double its market cap in less than a month. However, the protocol’s stablecoin project – USDN – de-pegged after sliding down to a low of $0.83 and losing 15%...Read More
A few weeks after allowing the public to weigh in on the requests of FTX US Derivatives (formerly known as LedgerX) to amend its registration attempts to offer derivatives services, the CFTC has extended the deadline. CryptoPotato reported in late 2021 when FTX US – the American branch of the international crypto exchange – purchased...Read More
FTX Ventures has invested $100 million in the public-traded banking app – Dave – which also announced forging a “strategic partnership” with West Realm Shires Services, the operator of FTX US. As part of the deal, the US crypto trading arm of billionaire Sam Bankman-Fried’s exchange FTX will serve as Dave’s exclusive partner for cryptocurrencies...Read More
The cryptocurrency exchange – FTX – has established an Australian branch called FTX Australia Pty Ltd. The Aussie arm of the trading venue will offer OTC digital asset products and services, as well as derivatives. FTX Sets up a Division in Australia According to a recent press release, the new subsidiary of the exchange will...Read More
With the start of the war between Russia and Ukraine, cryptocurrencies have taken a few roles, being sent as donations to aid the attacked nation but also in speculations that Russian oligarchs used such assets to bypass sanctions. However, community insiders continue to refute these allegations, and the latest to do so was FTX’s founder...Read More
The cryptocurrency exchange FTX collaborated with the fintech company AZA Finance to expand the adoption of cryptocurrencies throughout Africa. Additionally, the two entities will aim to connect the Web3 economy with the countries from the continent. FTX’s Latest Partnership One of the largest digital asset trading venues – FTX – continues to strike important deals...Read More
The cryptocurrency platform – FTX – has reportedly received regulatory approval to establish a regional headquarters in Dubai. According to FTX Europe’s Head Patrick Gruhn, the biggest city in the UAE provides “certainty and credibility,” which were key factors for the company to choose this destination. In addition, the local watchdogs greenlighted Binance to set...Read More
FTX Europe – the European subsidiary of the US crypto exchange FTX – collaborated with the music festival Tomorrowland. As part of the agreement, the trading venue will help its partner bring its “truly unique and magical events to the digital space by supporting their Web3, NFT, and crypto-related initiatives.” ‘People of Tomorrow’ to Jump...Read More
As the war continued to rage, ruble-denominated Bitcoin values rose sharply. Authorities are now looking for ways to minimize use in dodging financial sanctions. And while the recent activity demonstrated that a collapsing ruble might be driving Russians into Bitcoin, FTX CEO – Sam Bankman-Fried – believes the sanctions have made it difficult for them...Read More
The Sam Bankman-Fried-led cryptocurrency exchange has received licensing from the Cyprus Financial Market Regulator (CySEC) to launch FTX Europe. The idea of the new venture is to enhance the company’s presence in the Old Continent and in the Middle East. The press release shared earlier on March 7 reads that FTX Europe will now offer...Read More
FTX Foundation – a philanthropic fund by FTX Exchange – recently announced its ‘Future Fund’, which will support various organizations working on projects that empower the future of humanity. Among other things, these include developments in artificial intelligence, economic growth, improved power relations, and safety from catastrophic bio-risk. The Future Fund FTX revealed its multi-million...Read More
Popular crypto exchange FTX has plans to launch a gaming unit to offer mainstream gaming publishers support for non-fungible token (NFT) integration and other blockchain-powered collectibles. FTX to Provide Web3 Operability for Game Studios Bloomberg reported that the company will launch its gaming outfit in the coming months. The so-called FTX Gaming unit is set...Read More
The Swiss-based issuer of crypto exchange-traded products (ETPs), 21Shares, announced the listing of three new digital asset-oriented ETPs on Euronext exchanges in Paris and Amsterdam – Decentraland, AAVE, and FTX Token. The exchange-traded products will enable market players to get exposure to the three assets without the need to own the underlying assets. According to...Read More
The world’s largest issuer of crypto ETP’s 21Shares announced two new ETPs – tracking the performance of Decentraland and FTT. Both products will go live on the Swiss exchange – BX Swiss. The exchange-traded products (ETPs) will allow traders and institutions to get exposure to the two assets without owning them outright. 21Shares Decentraland ETP...Read More
Sam Bankman-Fried’s cryptocurrency exchange, FTX, announced that it will give away free Bitcoin to its fans as part of an advertising campaign during Super Bowl LVI on February 13. The campaign is part of an effort by FTX to gain a more significant brand presence in the more mainstream audience of sports fans – especially...Read More
The multi-day music and arts festival held in California – Coachella – partnered with the crypto exchange FTX to introduce non-fungible token (NFT) collections to fans. The digital collectibles are built on the Solana network. NFTs for The Music Fans The Coachella Valley Music & Arts Festival, postponed in 2020 and 2021 due to the...Read More
Investment-oriented social network StockTwits is expanding its services in a move to gain traction in the crypto-verse and take a slice of the audience that Twitter, Reddit, and even eToro have today. Now, StockTwits users will have the opportunity to buy and sell cryptocurrencies directly from the app’s interface, offering an all-in-one experience for digital...Read More
Sam Bankman-Fried’s FTX will acquire Liquid Group and all of its operating subsidiaries. Among them is Quoine Corporation – one of the first digital asset trading venues in Japan. FTX Continues to Expand According to a recent blog post, the deal should be finalized in March this year as the regulators will take all closing...Read More
Days after its US branch raised $400 million, so has done the global exchange FTX. Thus, its total valuation grew to $32 billion. CryptoPotato reported last week the funding round in which FTX US raised $400 million from different investors such as Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings. Less than a week later,...Read More
The US branch of the digital asset exchange raised $400 million in a funding round that saw participation from prominent names such as Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings. Consequently, the company’s total valuation grew to $8 billion. Reuters’ report informed that aside from the aforementioned names, the cryptocurrency investment companies Paradigm and...Read More
The US exchange aims to allocate funds from $100,000 to hundreds of millions of dollars in certain blockchain and crypto projects through the new initiative called FTX Ventures. The Wall Street Journal first reported the news earlier on January 14th, indicating that FTX Ventures will be one of the largest such funds in the cryptocurrency...Read More
Crypto exchanges are looking for ways to expand their domains, and it seems that the blockchain space is no longer enough. Now, the U.S. subsidiaries of FTX and Bitstamp could be about to start offering their customers support for equity trading. According to a report from Bloomberg, both exchanges are fine-tuning details to enter the...Read More
If you’re one of those anarchists who sees cryptocurrencies as an anti-establishment weapon, this might be uncomfortable for you. FTX CEO Sam Bankman-Fried expects a wave of regulatory moves starting in 2022 – and this, from his point of view, is an excellent thing. In an interview for Bloomberg, the well-known cryptocurrency strategist shared his...Read More
FTX US, the United States division of global cryptocurrency exchange, FTX.com, revealed today that its customers will soon be able to access crypto derivatives and non-fungible token (NFT) services on the platform. According to Brett Harrison, the president of FTX US, the exchange is building a self-hosted wallet that will support FTX NFTs and NFT...Read More
