FTX | ForkLog - Part 38

ForkLog 8 14.08.2022

Sam Bankman-Fried accuses crypto giants of indifference toward ailing firms

The head of the FTX bitcoin exchange, Sam Bankman-Fried, said he does not want to be the only one saving the 'ailing' companies in the cryptocurrency industry.

AI translated

ForkLog 15 12.08.2022

Bloomberg reports Sam Bankman-Fried and Justin Sun’s interest in buying Huobi

Huobi co-founder Leon Li is in talks with a group of investors to sell 58% stake. The Bitcoin exchange is valued at between $2 billion and $3 billion, according to Bloomberg's informed sources.

AI translated

ForkLog 19 08.08.2022

The wave of consolidation: why FTX and Binance are investing billions in troubled companies

Against the backdrop of the crypto industry’s contagion, Sam Bankman-Fried, Changpeng Zhao and Justin Sun announced plans to deploy billions to help troubled players. ForkLog examines what the industry magnates are aiming to achieve.

AI translated

ForkLog 10 05.08.2022

Court approves Voyager Digital plan to return $270 million to customers

A U.S. bankruptcy court approved Voyager Digital's proposal to unfreeze the crypto broker's deposit at Metropolitan Commercial Bank for the return of funds to customers. The account holds $270 million, The Wall Street Journal reports.

AI translated

ForkLog 7 04.08.2022

Robinhood rules out takeover of online broker by FTX exchange

The online broker Robinhood is in a strong position as an independent company, and therefore does not consider the possibility of being acquired by the cryptocurrency exchange FTX or by competitor Charles Schwab. This was stated by the firm's CEO Vlad Tenev.

AI translated

ForkLog 13 29.07.2022

FTX secures full Dubai crypto-exchange licence

A subsidiary of FTX has received a licence from Dubai's Virtual Asset Regulation Authority (VARA) to provide exchange and clearing services for digital currencies.

AI translated

ForkLog 8 28.07.2022

FTX US opens stock trading to all clients

Clients of FTX US gained access to trading traditional stocks after completing beta testing among a limited group of users.

AI translated

ForkLog 15 25.07.2022

FTX proposes a way for Voyager customers to speed up the recovery of their funds

FTX proposed that Voyager customers open accounts into which the proceeds from their bankruptcy claims against the crypto broker would be deposited. With consent and court approval, they would gain access to the assets sooner than under the standard liquidation process.

AI translated

ForkLog 7 22.07.2022

Bloomberg reports FTX in talks to acquire Bithumb

The cryptocurrency exchange FTX, owned by Sam Bankman-Fried, is in preliminary talks to acquire the South Korean platform Bithumb, Bloomberg reports, citing an anonymous source.

AI translated

ForkLog 8 22.07.2022

Sam Bankman-Fried says FTX is profitable amid losses tied to industry support

FTX CEO Sam Bankman-Fried, in an Axios interview, expressed optimism about the development of the crypto exchange. He is convinced that losses associated with the industry’s 'lender of last resort' role will not affect the business.

AI translated

ForkLog 11 21.07.2022

Bloomberg: FTX in talks to raise more funds

The cryptocurrency exchange FTX is expected to be valued at $32 billion following a potential funding round, according to Bloomberg, citing people familiar with the matter.

AI translated

ForkLog 10 08.07.2022

Celsius Network transfers over $500 million in WBTC to the FTX exchange

The lending platform Celsius Network transferred 24,463 WBTC (~$533 million) to the FTX exchange just hours after repaying its debt in the MakerDAO DeFi protocol.

AI translated

#FTX