Binance CEO not interested in Alameda’s offer to buy up its FTT holdings
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.” Go to Source Powered by WPeMatico
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SBF has been a ‘significant donor’ in the US midterm elections
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets. Go to Source Powered by WPeMatico
Binance to liquidate its entire FTX Token holdings after ‘recent revelations’
Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position. Go to Source Powered by WPeMatico
Bankman-Fried ‘100%’ supports knowledge tests for retail derivatives traders
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto. Go to Source Powered by WPeMatico
Crypto conspiracy theories abound, but prop traders are just doing its job
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do? Go to Source Powered by WPeMatico
SBF and Alameda step in to prevent crypto collapse contagion
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the ecosystem, and have no interest in hurting them.” Go to Source Powered by WPeMatico
Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals
Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted in a recent interview that a fraction of the funds raised by the company were “explicitly viewed from a potential … Read more
Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback
The FTX founder said he’d spend “north of $100 million” with a “soft ceiling” of $1 billion and added “who knows what’s going to happen between now and then.” Go to Source Powered by WPeMatico
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a … Read more
FTX crypto exchange wins license in Dubai to open local headquarters
Sam Bankman-Fried’s FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license. Go to Source Powered by WPeMatico
