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“# KYC tools can minimize hassle for US crypto market, FTX CEO says ” Ongoing regulatory scrutiny has forced many crypto businesses across the globe to close up shop. Amid this crackdown, Sam Bankman-Fried, CEO of prominent crypto exchange FTX, has been vocal about his continued efforts to adapt to the changing regulations around running…
“# FTX launching NFT sports platform, backs LCS esports league with 7 year deal ” FTX is launching an NFT platform centered on sports and entertainment and has also stitched up a new sponsorship with professional esports league, the League Championship Series LCS. According to Variety, FTX U.S. is teaming up with Dolphin Entertainment to…
“# Regulatory clarity for crypto would take 3 to 5 years, FTX CEO says ” Running a successful crypto business requires close attention to the cloud of regulatory changes put forth by governments. Sam Bankman-Fried, the CEO of a prominent crypto exchange FTX featured in a CNBC interview to discuss his efforts on this front. …
“# Blockfolio rides off into the sunset, but it’s a new dawn for FTX App ” The Blockfolio brand is no more: One of the first genuine product brands in the cryptocurrency space, the mobile app that started life as a portfolio tracker — and later morphed into a trading app under the stewardship of…
“# FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’ ” Crypto derivatives exchange FTX has decided to curb risky trading by limiting the leverage available to its users. The exchange, founded by crypto billionaire Sam Bankman-Fried (SBF), has reduced the maximum leverage available on the platform down to 20x, a significant…
“# Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K ” Bitcoin’s (BTC) painful plunge below $30,000 on Tuesday turned into a so-called “buy the dip” opportunity for Alameda Research, a Hong Kong-based quantitative trading firm and liquidity solutions firm headed by FTX CEO and founder Sam Bankman-Fried. Quantitative trader…
“# FTX smashes crypto funding record with $900m raise to become exchange decacorn ” FTX, the cryptocurrency derivatives exchange founded by Sam Bankman-Fried, has closed a $900 million funding round – highlighting once again that venture capitalists are shrugging off market turmoil in their quest to uncover quality blockchain plays. The Series B investment round…
“# Billionaire SBF says FTX may one day buy Goldman Sachs and CME ” Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile Exchange (CME) in the future. Speaking with the Financial Times on July 14, Bankman-Fried stated that if FTX can…
“# FTX crypto exchange integrates institutional trading tool ClearLoop ” FTX has become the latest crypto exchange service to join ClearLoop — an instant trading settlement infrastructure from Brevan Howard-backed Copper.co. As part of the integration, Copper’s over 300 institutional asset managers will be able to access FTX crypto offerings such as cryptocurrency futures, options, volatility…
“# Swiss-based Digital Assets AG launches tokenized stock offerings on Solana ” Switzerland-based token issuer Digital Assets AG, or DAAG, has officially launched its stock-tokenization infrastructure on the Solana blockchain, offering users of the FTX trading platform a novel way for accessing traditional equity markets. During the initial rollout, FTX users who have completed Know…