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Samuel Bankman-Fried’s FTX crypto exchange is reportedly one vote away from winning a naming-rights deal for the arena of the NBA’s Miami Heat. The deal, which is believed to be worth $135 million, is set to be approved on March 26 by the Miami-Dade County Commission. Miami-Dade to Get $5 Million a Year According to … Read more
Solana will host a DeFi hackathon offering a $200,000 prize pool and $200,000 in seed funding to aspiring developers. Go to Source Powered by WPeMatico
FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview. Go to Source Powered by WPeMatico
In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit’s open interest, but is there room for further upside? Go to Source Powered by WPeMatico
A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform. Go to Source Powered by WPeMatico
Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms. Go to Source Powered by WPeMatico
After the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO Sam Bankman-Fried said the company would launch pre-IPO futures. On December 21, Bankman-Fried announced the launch was now live and Coinbase pre-IPO futures contracts are … Read more
Following the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform FTX is rumored to be launching a Coinbase futures market before the public listing. Two days ago, on December 17, 2020, Coinbase announced filing registration … Read more
FTX’s Sam Bankman-Fried doesn’t believe Ethereum will be able to provide the scaling capabilities required by the DeFi sector in future. Go to Source Powered by WPeMatico
A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs … Read more
