SBF promotes efficiency of ‘misunderstood’ crypto derivatives
FTX CEO Sam Bankman-Fried says derivatives are necessary to bolster the liquidity and efficiency of markets. Go to Source Powered by WPeMatico
Sam Bankman-Fried
Auto Added by WPeMatico
Billionaire Simon Nixon’s venture capital to increase crypto allocation
A new report suggests that 4% of the total Bitcoin supply, — 816,379 BTC — is owned by 14 Bitcoin fund issuers and asset managers. Go to Source Powered by WPeMatico
Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Go to Source Powered by WPeMatico
KYC tools can minimize hassle for US crypto market, FTX CEO says
FTX will now use phone numbers to confirm user’s jurisdiction and names in addition to testing new KYC tools. Go to Source Powered by WPeMatico
FTX launching NFT sports platform, backs LCS esports league with 7 year deal
FTX is teaming up with Dolphin Entertainment to create an NFT marketplace that will target brands within sectors such as sports, entertainment, gaming, esports, and charity. Go to Source Powered by WPeMatico
Regulatory clarity for crypto would take 3 to 5 years, FTX CEO says
FTX CEO Sam Bankman-Fried expects governments to have a clearer stance in the next three to five years and wishes to become a part of the discussions with the regulators “to build out this regime.” Go to Source Powered by WPeMatico
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x … Read more
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise in Crypto Exchange History FTX … Read more
FTX smashes crypto funding record with $900m raise to become exchange decacorn
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets over the same period. Go to Source Powered by WPeMatico