FTX made an error in messaging when it suggested depositors were insured Federal regulators will have a hard time proving the exchange did so with sinister motives Regulators can only step in after an...
Tag: FTX
Regulators have a weak case against FTX on deposit insurance
In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and ...
Get Ready for The Next Bull Wave with Uniglo (GLO), Cronos (CRO), and FTX (FTT)
Binance is home to many experts and seasoned crypto users who watch the market closely for any worthwhile developments. According to one Binance insider, the next bull wave is coming. When the wave hi...
Alameda Research Ventures Absorbed by FTX
Cryptocurrency exchange FTX subsumed the venture capital arm of Alameda Research, consolidating billionaire Sam Bankman-Fried’s crypto empire against the current climate. Alameda Chief Executive Offic...
FTX CEO Calls Alameda VC Merger Report a ‘Big Misrepresentation’
Crypto billionaire Sam Bankman Fried is disputing reports that two of his companies — FTX and Alameda Research — are merging their venture capital investing operations. The news, reported by Bloomberg...
Alameda Research and FTX merge VC operations: Report
The investment arm of Sam Bankman-Fried’s cryptocurrency exchange, FTX, has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market. Accord...
FTX Ventures Will Not Merge With Alameda Research, SBF Says
The CEO of the cryptocurrency exchange FTX – Sam Bankman-Fried – said the venture capital arm of his company (FTX Ventures) will not merge with the principal trading firm Alameda Research. This comes ...
FTX Denies Rumours of Merging between Alameda Research and FTX VC
Sam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, has denied reports that his two companies, FTX ventures and Alameda Research, are merging venture capital operations. The news comes ...
FTX is on the verge of acquiring BlockFi
Popular crypto exchange FTX is on the verge of acquiring BlockFi. The U.S offshoot of the firm FTX.US is working on completing the purchase of the crypto lending platform that gained prominence last y...
Is going long on FTX token a safer bet for swing traders
The FTX token, at the time of writing, was trading at $27.54 and witnessed a spike of 1.54% in the last 24 hours. The token offers a bunch of utilities and is backed by one of the biggest centralized ...
FTX To Acquire BlockFi With A Floor Price Of $15…
FTX, the crypto exchange founded and currently led by Sam Bankman-Fried (SBF), is reportedly set to acquire BlockFi, a crypto lending platform. The move is said to be an acquisition deal in the works ...
FTX CEO Sam Bankman-Fried Could Buy Out BlockFi For A Peanut $15 Million: Report
Crypto exchange FTX is set to make the best buyout deal this year when it finalizes terms to acquire BlockFi, a crypto lending services platform that rose to prominence following the 2021 bull run. A ...
FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
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Crypto Exchange FTX Witnessed Massive 1,000% Surge in Revenue Last Year, According to Leaked Documents: Report
Crypto exchange FTX reportedly saw massive growth during the crypto bull run of 2021 when markets hit all-time highs. Citing information from leaked financial documents, CNBC reports that the firm gen...
Internal Documents Shows FTX 2021 Revenue Grew Over 1,000%
The record shows that FTX had about $2.5 billion in cash at the end of 2021 and 27% profit margins. Crypto exchange FTX sits as one of the companies that benefited the most from the 2021 crypto buzz, ...
Crypto Exchange FTX Revenue Reportedly Balloons 1,000% To Over $1 Billion In 2021
Crypto exchange FTX has disclosed that its revenue skyrocketed to more than 1000% last year courtesy of the bull market that saw Bitcoin soaring to a record peak of $69,000, and pushing the company’s ...
FTX Revenue Exploded 1,000% to Beyond $1B Last Year: Report
Revenues at Sam Bankman-Fried’s crypto exchange reportedly exploded last year, reaching 10 figures FTX has sought to further solidify its position by acquiring struggling crypto companies Crypto excha...
FTX Derivatives Exchange Revenue Tops $1B in 2021, Report said
The financial record of FTX Derivatives Exchange for the 2021 financial year has shown that the company’s revenue topped the $1 billion mark, according to leaked earnings documents seen by CNBC. The t...
Bitcoin, Ethereum, FTX Token, and Chainlink Daily Price Analyses – 21 August Roundup
The global crypto market has seen a continuation of a positive trend. The recent changes have brought Bitcoin, Ethereum, etc., to a privileged position. Though the gains are not that big, there is sti...
FTX generated more than a billion dollars in revenue last year: CNBC
Crypto exchange FTX generated more than $1 billion in 2021 revenue after making only $90 million the year before, according to a new report from CNBC. The growth was driven by its global trading busin...
Aztec Network privacy DApp Banned by FTX
Banning Transactions Linked to the Protocol The private layer-2 chain zk.money, which is made available via the Aztec Network on Ethereum, has reportedly been blocked by FTX, according to sources. Twi...
FTX Addresses Growing Latency Talks, Revenue Surges Above $1 Billion
FTX US President Brett Harrison took to Twitter to address the latency issues of the exchange, saying it is not as serious as many have made it. According to Harrison, there are 4 different components...
FTX US Spread False or Misleading Statements About FDIC
FDIC sent a cease and desist letter to FTX Crypto companies for spreading false or misleading statements FTX US may have violated FDIC laws On August 19, The Federal Deposit Insurance Corporation (FDI...
Revenue Growth of FTX Surges by Over 1000% To $1.02B in 2021
14 seconds ago | 2 mins read Exchange News FTX had $2.5 billion in cash and a 27% profit margin at the end of 2021. According to reports, FTX generated $270 million in Q1 2022. When Bitcoin (BTC) and ...
Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds – Privacy Bitcoin News
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusa...
FDIC Issues Cease-And-Desist Order to FTX US and Other Crypto Firms Over Misleading Information – crypto.news
The United States Federal Deposit Insurance Corporation (FDIC) has handed a cease-and-desist letter to FTX and four other crypto entities over false claims on deposit insurance. As a result, FTX US, C...
FTX revenue reportedly grew 1000% in one year, leaked documents reveal
FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time highs. Driven by massive custome...
U.S. FDIC Issues Cease and Desist Order to FTX US Over False Insurance Claims
The United States Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letter to FTX US over “false claims and misleading statements” concerning its insurance coverage. The regulat...
FDIC issues cease-and-desist letters to FTX US, other crypto firms over deposit insurance
The Federal Deposit Insurance Corporation (FDIC) has issued cease-and-desist letters to FTX US and four other crypto companies for allegedly making “false and misleading statements” about ...