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For The Win (FTX) News



FTX ventures crypto

FTX Establishes $2B Fund to Invest in Crypto Startups

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Cryptocurrency exchange FTX launched a new venture capital to back web3 and crypto startups. FTX Ventures will be led by Amy Wu, a partner at VC Lightspeed Venture. Previously, in November 2021, Lightspeed in the leadership of Wu, together with FTX and Solana Ventures, launched a $100 M Web3...

CEO

FTX CEO calls for unified crypto regulation system

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Many representatives of the cryptocurrency industry periodically state that the digital asset market will grow at the expense of institutional capital. However, for the penetration of investment funds and financial companies into the crypto sphere, it is necessary to legalize it. According to the...

Sam Bankman Field crypto future

Sam Bankman-Fried Expects Regulatory Clarity for Crypto

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The founder and CEO of FTX crypto exchange, Sam Bankman-Fried, is optimistic about the future developments in the crypto environment. He finds that in 2022 the sector will see more regulatory clarity on a global scale, which will boost institutional adoption. In his recent interview with Bloomberg,...

FTX

FTX plans to bring its valuation up to $32B

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FTX CEO Sam Bankman-Fried plans to raise a total of $ 1.5 billion in investments for the global derivatives exchange and the American FTX.US platform. According to them, a potential round of funding will bring the FTX valuation to $ 32 billion, and subsidiaries in the US - to $ 8 billion. In...

FTX

FTX.US increases trading turnover 512% in Q3

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In the third quarter of 2021, the trading volumes of the FTX US division jumped 512%. The daily indicator at its peak reached $ 807 million, an average of $ 360 million. FTX.US's share of the US spot cryptocurrency market has grown from 2% to 4.5%. The client base increased by 52%. The press...

FTX

FTX moves headquarters from Hong Kong to the Bahamas

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FTX has moved its headquarters from Hong Kong to the Bahamas due to the favorable position of the regulators. Sam Bankman-Fried, founder and CEO of the trading platform, previously announced that FTX's subsidiary is listed with the Bahamas Securities Commission as a digital asset business. “As...

Huobi FTX crypto

Huobi Stops to Serve Chinese Users

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Following China’s announcement to adopt stricter measures against the crypto industry, several crypto exchanges started to make changes in their services. Huobi Global, the biggest crypto trading platform in China, disclosed ceasing services for local users. The exchange has disabled new...

Solana and FTX new highs

Solana (SOL) and FTX (FTT) Hit New All-Time Highs

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Today, two altcoins, Solana blockchain's native token SOL and the crypto exchange FTX's FTT hit new highs, $194.82 and $83.41 respectively. On September 6, major crypto trading platform FTX revealed that it plans to release an NFT marketplace soon. First time the FTX CEO, Sam Bankman-Fried talked...

FTX

Bitcoin exchange FTX launches NFT minting feature

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Founder and head of FTX cryptocurrency exchange Sam Bankman-Fried announced the addition of a new feature for issuing non-fungible tokens (NFT) on the mainstream and US platforms. By default, all NFTs will be cross-chain compatible with Ethereum and Solana. Deposits and withdrawals will open within...

FTX leverage reduction

FTX Changes Its Leverage Size, Making It 5 Times Lower

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Major crypto exchange FTX cut its allowed leverage, making it 20X from 100X. By doing so, the company aims to reduce risks connected to trading. Through leverage, traders borrow funds to boost their position and receive income. So, for example, 100X leverage will raise a $500 BTC position to be as...

FTX $900 M investment

Crypto Exchange FTX Attracted $900 M in Series B

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Large crypto derivatives platform FTX headed by Sam Bankman-Fried in 2018, attracted $900 M in the Series B funding phase. Thus, the company's valuation has reached $18 B compared to last year's $1.2 B. Tokyo-based international conglomerate holding company Softbank, American venture capital firm...

FTX

FTX didn't exclude purchases of Goldman Sachs or CME Group

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Bitcoin exchange FTX may consider acquiring the US mainstream financial giants once it overtakes rivals Coinbase and Binance. Its CEO Sam Bankman-Fried said this in an interview. “If we are the largest exchange, the purchase of Goldman Sachs and the CME Group is not ruled out at all,” he said....

Tom Brady Gisele Bündchen crypto

Tom Brady & Gisele Bündchen To Partner with FTX

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Soccer player Tom Brady and his wife supermodel Gisele Bündchen partner with crypto platform FTX. The couple's taking an equity stake in the company is a step in the long-term cooperation. 🤝https://t.co/[email protected] @giseleofficial— SBF (@SBF_Alameda) June 29, 2021...

FTX NFT marketplace

Cryptocurrency Exchange FTX Presents an NFT Market

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Major crypto services provider FTX platform released a sector for NFTs. The network already has a number of collectibles that are listed on FTX's main exchange and also on the FTX. US. The owner of one of the NFTs called "SBF Launch" will get a half-hour launch with FTX Chief Executive...

FTX

FTX hires former HSBC bank executive

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A former senior executive at banking conglomerate HSBC Jonathan Cheesman joined the FTX crypto derivatives exchange as head of OTC and Institutional Sales. At HSBC, Cheeseman was in charge of banking and hedge funds in the foreign exchange market. In an interview with The Block, the specialist...

blockfolio

FTX gets Blockfolio for $150 Million

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Digital currency derivatives trade FTX has got the famous case monitoring app Blockfolio for $150 million trying to become established in the crypto world. As a result of discussions lasting nine months, the sides signed a contract agreeing to join crypto, stock as well as cash. This purchase...

TRUMP-2020 crypto FTX

FTX exchange users could trade Trump re-election futures

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Binance-supported FTX cryptocurrency exchange has added the TRUMP-2020 futures contract, which allows you to earn on the results of the US presidential election scheduled for November 3 this year. According to FTX representatives, this financial instrument works in the same way as the rest of the...