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
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
Despite the multiple outages that the Solana network suffered in recent months, FTX CEO Sam Bankman-Fried (SBF) believes the high-performance blockchain is still better than other networks in the industry. The latest Solana network outage happened on Friday and lasted for more than 48 hours, causing DeFi users who borrowed funds from lending platforms to...Read More
