Key Takeaways Alameda Research was Voyager‘s largest single creditor, with unsecured loans of $75m. 3AC is the largest borrower owing over $600 million to Voyager. On 1st July, Crypto lending platform Voyager Digital suspended withdrawals, trading and deposits citing difficult…
Key Takeaways BlockFi CEO Zac Prince took to twitter to confirm that the firm is not being sold to FTX. CNBC recently reported that crypto billionaire Sam Bankman-Fried’s FTX was likely to buy BlockFi for $25 million- a 99% discount…
Key Takeaways Sam Bankman-Fried, the creator of the well-known exchange FTX, recently cautioned that some cryptocurrency exchanges are “secretly insolvent” and may soon fail. SBF’s companies FTX and Alameda Ventures provided quick credit lifelines to BlockFi and Voyager, respectively. These…
Key Takeaways In May, FTX CEO acquired a 7.6% stake in Robinhood worth $648 million FTX CEO Sam Bankman-Fried stated that said, there are no active mergers and acquisitions conversations with Robinhood currently. According to a Bloomberg Report, cryptocurrency exchange…
Key takeaways: Sam Bankman-Fried, the CEO of global crypto exchange FTX, stated that the company intends to expand through acquisitions in order to extend its product offerings. FTX wants to invest billions of dollars in other companies with proceeds from…
Key Takeaways: LayerZero, a firm that aims to solve the challenge of blockchain interoperability, has secured $135 million in a round headed by Andreessen Horowitz (a16z), the venture capital arm of crypto exchange FTX, and Sequoia Capital, with a $1…
Key Takeaways: Osaka, a four-time Grand Slam winner, has inked a long-term collaboration arrangement with FTX, as part of which she will focus on bringing women into the cryptocurrency platform and will lead and produce content. Naomi Osaka has invested…
The Cyprus financial market regulator, CySEC, has approved the European domain of FTX’s platform (ftx.com/eu), as per an announcement made on Monday. Through an unnamed investment entity permitted to operate within the European Economic Area, FTX Europe will offer products…
Key Takeaways: FTX joins with KSE to raise funds for Ukrainian civilians. They are looking to raise USD 10,000,000. People can also donate to the cause using cryptocurrencies. The CEO of the cryptocurrency exchange FTX, Sam Bank Fried, has posted…
FTX is launching its own gaming unit to push crypto into the gaming industry. The gaming unit will appear as a “crypto-as-a-service” platform. The hiring for the gaming unit of FTX has already started this month. Follow us on Google…
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