HairyPlotterFTX (FTX) News

Texas regulators are investigating crypto exchange FTX Trading, FTX US, and founder and CEO Sam Bankman-Fried over potential securities violations. According to a state filing, regulators are probing whether yield-bearing accounts of the platform should be viewed as unregistered and non-permitted...

Payments company Visa built a partnership with the cryptocurrency exchange FTX to offer debit cards in 40 countries. The cards will allow holders to spend their crypto funds from FTX accounts. So, users won't need to withdraw their cryptocurrencies from the exchange to spend them. The cards make it...

The venture capital fund of the crypto exchange FTX agreed to acquire 30% of New York-based investment manager SkyBridge Capital. The sum of the deal is unknown, however, SkyBridge announced they plan to use some part of the investment to buy cryptocurrencies worth $40 M and then as a long-term...

The blockchain sector will be developed, and a platform for trading digital assets will be established, according to a deal that the South Korean city of Busan inked with the FTX bitcoin exchange. A news statement states that the partnership with FTX is a component of a larger strategy to...

2021 turned out to be a good year for the FTX cryptocurrency exchange. The company's revenue grew by 1000% from $89 million to $1.02 billion. FTX is the third largest exchange after Binance and Coinbase in terms of the trading volume. Over the past 24 hours, the amount of transactions on this...

On August 19, The Federal Deposit Insurance Corporation of the US released cautionary letters to 5 entities, and individuals saying they've made false and deceptive descriptions about digital asset products and the agency. The firms receiving such letters are FTX US, Cryptonews.com, Cryptosec.info,...

Major investment bank Goldman Sachs holds talks with the crypto trading platform FTX to integrate some solutions of their derivatives operations. A report by Barron's says a person close to the subject informed that the company aims to expand its crypto derivatives offering by using some functions...

Cryptocurrency exchange FTX will expand its global presence through the development of the European market. The company created a division of FTX Europe, having received a license from the financial regulator of Cyprus. “As we continue to grow, we are constantly looking for opportunities to...

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...

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...

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 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...

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 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...

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...

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...

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...

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...