Tag: FTX

The victim sent FTX a police case filing notice, however, neither the company nor the victim received any further action from it.

Texas securities regulators have launched investigations into FTX CEO Sam Bankman-Fried (SBF) and its FTX US arm

On Monday, Sam Bankman-Fried introduced the FTX V2 that is set to be launched on November 21 around Thanksgiving.

The crypto exchange platform FTX is reportedly in negotiations with a number of investors to raise $1 billion, bringing the company’s estimated value to close to $32 billion. This billion-dollar rise would be the second of 2022, according to a CNBC story. Some of the funds obtained will be put toward financing other deals, like […]

Even after the market instability that caused a significant amount of harm to a wide variety of crypto-related companies, Sam Bankman-Fried’s crypto exchange platform FTX continues to invest money in those types of companies. New York-based global investment firm SkyBridge Capital is the most recent company in which the exchange will acquire a significant share. […]

GameStop, a major retailer of video games, announced a partnership with FTX.US, the US division of the well-known bitcoin exchange FTX. The former will start offering FTX gift cards in a few stores as part of the deal. The agreement will try to connect GameStop’s customers to the FTX US community and the cryptocurrency services […]

The failure of the South Korean stablecoin project Terra may have damaged public perception of the sector, but the country’s second-largest city has continued to work toward its ambitious blockchain and cryptocurrency objectives. In the upcoming months, Busan and FTX will collaborate to develop business solutions driven by blockchain.  As part of the agreement, the […]

Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX who has been trying to rescue many other digital assets firms during the crypto winter, has announced that most of its ‘crypto bailout’ missions produced mixed results.  Recently, he declared that he was spending over $1 billion to bail out troubled and bankrupt crypto firms that were […]

FTX CEO Sam Bankman-Fried also called SBM has denied all rumors suggesting that he has plans to acquire giant crypto exchange Huobi. According to a tweet that he posted on Monday, the FTX CEO who manages assets at Alameda Research said he does not directly nor indirectly plan to acquire Huobi.  Although it has been […]

Customers of bankrupt crypto lender Voyager Digital have objected to the move by the lender to pay 38 of its employee retention benefits. This was revealed in a recent legal filing. An August 2 legal filing in the U.S Bankruptcy Court for the Southern District of New York reveals that the Crypto brokerage firm has […]

While responding to the allegations from the Federal Deposit Insurance Corporation (FDIC), two top executives from the crypto exchange platform FTX said that the agency’s statements were “false.” FTX Chief Executive Officer Sam Bankman-Fried took the matter to Twitter and told his 761K followers that the crypto exchange giant is not FDIC-insured and that only the banks […]

Institutional investment firm Paradigm has entered into a partnership with Sam Bankman-Fried’s FTX.  According to a Paradigm blog post, both Paradigm and FTX users can now trade the spread between spot, perpetual, and maturity futures on certain crypto. These cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), ApeCoin (APE), Dogecoin (DOGE), Chainlink (LINK), […]

Leon Li, the iconic founder of Huobi Global, one of the biggest cryptocurrency trading platforms in the world is in talks with investors as he looks to transfer as much as 60% of his stake in the trading exchange. First reported by Bloomberg citing sources who wish to remain anonymous, there are confirmations that Li […]

Uzbekistan has been clamping down on unregistered and unlicensed crypto exchanges in the country.  Binance, the world’s largest cryptocurrency exchange by trade volume has been affected by this decision with the likes of Sam Bankman-Fried’s FTX and Huobi. Binance’s head of Eastern Europe, Gleb Kostarev attested to the fact that since Tuesday, Uzbekistan users of […]

Despite the ongoing harsh market conditions, SimilarWeb data shows web traffic on FTX has skyrocketed to up to 123% year-over-year (YoY) as of June 2022.  This is a significant disparity from other crypto firms which have experienced a downtrend in accordance with the market. Generally, the occurring crypto winter has caused a global decline in […]

The United States subsidiary of the crypto exchange giant FTX, FTX US, is reportedly planning to offer stock options trading following the launch of stock trading service for investors in all 50 American states. Sam Bankman Fried’s FTX aims to expand itself to become an ultimate solution to all kinds of trading, and the latest plan aligns […]

The clamor to list a token on prominent trading platforms like the FTX Derivatives Exchange is becoming a much-talked-about trend amongst token developers. This is because FTX is a very big name in the digital currency ecosystem, backed by renowned crypto pioneer, Sam Bankman-Fried. A listing on FTX can be used as a bragging right […]

Embattled crypto lending platform, Voyager Digital has rejected the offer from the duo of FTX Derivatives Exchange and Alameda Ventures, calling the offer a “low-ball bid dressed up as a white knight rescue” that only benefits FTX. FTX has sent an offer where it proposed to give the company’s customers access to 100% of the […]