The US-based department of the digital asset exchange FTX has more than doubled its user count in the past three months of 2021. This comes as global crypto adoption increases, while the company has inked numerous impressive partnerships. The President of FTX US, Brett Harrison, took it to Twitter to outline the impressive 2021 growth,...Read More
In 2021, many celebrities across different fields got involved with the cryptocurrency space in various ways. Chess grandmaster Magnus Carlsen competed for the top prize of 1 Bitcoin (approximately $51,000 at the time of writing) in the bullet tournament “Agadmator CakeDeFi Christmas Arena” on the 21st of December. Apart from Carlsen, the 2-hour featured some...Read More
FTX – one of the leading cryptocurrency derivatives exchanges – recently sponsored the NBA’s Golden State Warriors for $10 million. This is an international sponsorship, marking the first global deal for the basketball team. Promoting FTX As reported by CNBC, though terms were not announced publicly, people familiar with the deal said this is a...Read More
The Q3 woes have not hindered FTX.US from posting impressive figures for the same time period. As a matter of fact, the platform claims to lead all crypto asset exchanges in the United States with respect to liquidity. FTX.US’ Volume Soars More Than 500% According to the latest report, the average daily volumes of FTX.US...Read More
One of the leading cryptocurrency exchanges, FTX, just revealed that it finalized massive funding round, the numbers in which are inspired by – you guessed it – the 420 and 69 meme numbers. Memes have become particularly popular and part of the cryptocurrency culture. From food-based tokens, apes, degens, and pop culture numbers, it appears...Read More
The Solana NFT Marketplace has been officially launched, according to an Oct. 12 tweet from the FTX exchange. Any NFT pieces or collections on the new platform must be on the Solana blockchain; however, there are also plans to support Ethereum-based tokens, which are the industry standard. The FTX.US North American affiliate of the popular...Read More
Opening up to the growing artistic marketplace, FTX recently announced the ability to mint custom NFTs directly on their exchange. However, they were quickly forced to place a pricey paywall behind the feature in response to a wave of spam images. NFTs on FTX Exchange The new feature was announced by FTX CEO Sam Bankman...Read More
Recently hacked Japanese cryptocurrency exchange Liquid Global has secured a $120 million debt financing from Sam Bankman-Fried’s FTX exchange. According to an official statement by Liquid, the recent funding is part of efforts by both parties to pursue other collaborative opportunities that will contribute immensely to the global cryptocurrency ecosystem. Seth Melamed, COO of Liquid,...Read More
Cal Athletics – the sports teams representing the University of California, Berkeley – and FTX have signed the first sponsorship between a college athletic department and a cryptocurrency platform. As part of the $17.5 million deal, the team’s home ground will change its name to FTX Field at California Memorial Stadium. At the same time,...Read More
In light of recent regulatory scrutiny on the entire industry from global watchdogs, digital asset exchanges have attempted to enhance their efforts in order to comply with emerging legislation. The latest to outline its strategy is FTX, as the company’s CEO explained. FTX’s KYC/AML Endeavors The cryptocurrency space saw massive growth in the past year...Read More
The popular multi-purpose cryptocurrency application, Blockfolio, has now officially rebranded to FTX. The change will have no impact on the customer user experience. As reported by CryptoPotato last August, the cryptocurrency derivatives exchange FTX acquired Blockfolio in a deal worth $150 million. The two companies are taking their partnership a step further, as the popular multi-purpose application...Read More
Hong Kong-based cryptocurrency derivatives platform FTX has made history after raising a record $900 million in Series B funding. According to a report by Forbes on Tuesday (July 20th, 2021), more than 60 investors were involved in the funding round in what is described as the largest fundraiser in the crypto space. Some of the...Read More
Tom Brady and his wife, Gisele Bündchen, have taken an equity stake in the popular cryptocurrency trading platform – FTX. Although the amount of the equity stake has not been disclosed, it’s known that the duo will receive some sort of payment in cryptocurrencies. Bloomberg coverage from June 29th indicated that the power couple of...Read More
After joining forces with NBA’s Miami Heat, the cryptocurrency exchange FTX keeps its expansion with significant partnerships – this time is the US MLB. As a result, the trading platform has become the Official Cryptocurrency Exchange brand of the league. According to a press release from earlier on June 23rd, FTX has entered into a...Read More
Google has lifted its ban on cryptocurrency exchanges and digital wallets, prohibiting them from using Google’s advertisement service, a policy that lasted almost three years. According to the document, Google will update its Financial products and services policy in August to further clarify cryptocurrency exchanges about all the requirements needed to allow advertisement through the...Read More
Cryptocurrency derivatives exchange FTX is set to win a $135 million naming-rights deal for the sports arena belonging to the Miami-based American professional basketball team – Miami Heat. According to a recent report, the deal, which is organized by the Miami-Dade County Commission as it controls the naming-rights to the arena, will be finalized on...Read More
Blockfolio has long been a favorite for crypto traders as it provides a handy place to track their assets, trades, and profits (or losses) over time. The app has a reported user base of around 6 million so it has a good head start over rivals. It is also launching with zero fees which will...Read More
