Tag: ftx.us

Sep 08 2022

GameStop Partners With FTX on Back of Wider Losses

Sep 08 2022 Published at Crypto Briefing under tags  ftx ftx.us gamestop news

Video game retailer GameStop has announced that it will partner with FTX, one of the most popular crypto exchanges. Gamestop and FTX Form Partnership GameStop and FTX are joining forces....

Sep 01 2022

Jill Sommers joins FTX US board of directors

Former Commodities and Futures Trading Commissions (CFTC) commissioner Jill Sommers is the latest addition to the crypto exchange FTX subsidiary's board of directors. The board of directors for FTX US Derivatives now includes Jill Sommers, a former commissioner at the US Commodity Futures Trading Commission. The derivatives division of cryptocurrency exchange FTX US announced Sommers' […] The post...

Aug 22 2022

BlockFi Could Be Acquired by FTX.US for Only $15M: Report

Aug 22 2022 Published at Crypto Briefing under tags  blockfi business ftx.us

A new report indicates that the floor price for FTX.US acquisition deal with BlockFi lies at $15 million, a price tag that may rise depending on performance. From $4.8 Billion...

Aug 20 2022

Regulator: FTX US spreads False Statement about FDIC-insured Products

Aug 20 2022 Published at Coinscreed under tags  cryptocurrencies exchange ftx.us news

For disseminating false or misleading information, the FDIC wrote cease and desist letters to FTX and other cryptocurrency companies. Five cryptocurrency companies, including FTX US owned by crypto billionaire Sam Bankman-Fried, as well as the news sites FDICCrypto.com, Cryptonews.com, Cryptosec.info, and SmartAsset.com received cease and desist letters from the Federal Deposit Insurance Corporation (FDIC) on […] The post...

Aug 19 2022

FDIC Hits FTX.US With Cease-and-Desist Letter

Aug 19 2022 Published at Crypto Briefing under tags  business fdic ftx.us

The Federal Deposit Insurance Corporation has called upon FTX.US President Brett Harrison to take down a tweet suggesting that FTX.US was FDIC-insured. False and Misleading Statements FTX.US just ran afoul...

Jul 25 2022

Voyager rejects FTX ‘low ball’ offer, calls it ‘misleading’

Beleaguered crypto lender Voyager Digital in a July 24 letter, rejected FTX's offer to buy out the lender and refund customers, claiming the offer was low- ball and may "hurt customers." FTX's liquidity offer for Voyager's customers On July 22, FTX...

Jul 22 2022

FTX in talks to buy South Korea-based Bithumb

Jul 22 2022 Published at CryptoSlate under tags  bithumb exchanges ftx ftx.us upbit

Leading crypto exchange FTX is reportedly in talks to purchase South Korea- based Bithumb, Bloomberg News reported July 22. The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage. A Bithumb spokesperson did not confirm the development. Bithumb...

Jul 20 2022

FTX in talks to raise funds amid spending spree to prevent contagion

Sam Bankman-Fried-led FTX and its US division FTX US are in talks to raise new funds, Bloomberg News reported July 20. The crypto exchange reportedly seeks to raise an amount at the same valuation as its Series C...

Jul 18 2022

Crypto Exchange FTX.US Rolls Out Support for Ledger

FTX.US, one of the most popular trading platforms among US-based crypto investors, has announced a partnership with Ledger, a leading hardware wallet company. As a part of the deal, users can select FTX.US to convert their digital assets on the Ledger Live platform for lower prices.

Jul 01 2022

BlockFi Will Be Acquired by FTX.US for Up to $240M

Jul 01 2022 Published at Crypto Briefing under tags  blockfi business ftx.us

BlockFi will also receive a $400 million rolling credit facility from FTX.US. BlockFi Inks Deal With FTX.US BlockFi has agreed to an acquisition deal with FTX.US. (Long thread!) Excited to...

May 19 2022

Just-In: Crypto Exchange FTX Launches Stock Trading For U.S. Customers

May 19 2022 Published at Coingape under tags  ftx.us news stocks

Crypto exchange FTX has reportedly launched commission-free stocks and ETF trading in the United States. However, the service will be available to a limited number of users first, with the full rollout of services featuring stocks, ETFs, cryptocurrencies, futures, and others in a few months. Moreover, FTX will also allow users to add funds to...

Apr 29 2022

FTX Wants to Compete With CME — Here’s Why It’s a Big Deal

Apr 29 2022 Published at Unchained Podcast under tags  2022 cftc chris perkins cme coinfund

Chris Perkins, president of CoinFund, a web3 investment firm, discusses his experience at the Crypto Bahamas conference before diving into an FTX.US proposal that would allow for direct trading of crypto derivatives in the US – which appears to be rocking the boat of certain regulators in D.C. Show topics:...

Apr 16 2022

Just-In: FTX Courts Big Political Figures For Upcoming Crypto Conference

FTX, the third-largest crypto exchange by volume, appears to be courting former heads of state for an upcoming crypto conference in the Bahamas. The two-day conference later this month features 42nd U.S. President Bill Clinton, as well as former British Prime Minister Tony Blair as panellists. Philip Davis, Prime Minister of the Bahamas, is also...

Mar 17 2022

FTX Pay – A Secure Fiat and Crypto Gateway For your Site, App, or Store

FTX Pay is a low-cost payment processor that can facilitate both cryptocurrency and fiat payments

Mar 11 2022

FTX Partners with Stripe for Faster Fiat Onboarding, KYC Optimization, and Fraud Prevention

Leading cryptocurrency exchange FTX has partnered with digital payments processor Stripe to build a new fiat-to-crypto system that offers a seamless onboarding of fiat funds while at the same time drastically shortening the identity verification processes.

Mar 07 2022

The CEO of FTX US explains why you can’t use exchanges to avoid sanctions

Mar 07 2022 Published at CryptoSlate under tags  exchanges ftx.us sanctions

Brett Harrison, the CEO of FTX US, said that recent public assertions that crypto is an effective means of evading sanctions couldn't be more wrong. Harrison said that regulated cryptocurrency exchanges have advanced technology and effective procedures for enforcing AML and sanctions, making them an improbable road for moving sanctioned money....

FTX is Expanding into Europe and the Middle East via FTX Europe

FTX, a leading cryptocurrency exchange, has established FTX Europe, a fully- licensed investment firm meant to service European and Middle Eastern markets. In Monday’s press release, the company noted that the launch of FTX Europe marks “the next phase” of its global expansion.

Jan 31 2022

FTX Taps $32 Billion Valuation Despite Crypto Bloodbath

FTX, a major cryptocurrency exchange, announced on Monday that it had raised $400 million from investors including SoftBank, valuing the platform at $32 billion, making it one of the most valuable start-ups in the fast-growing digital currency sector. The Bahamas-based company's most recent funding round is a Series C round, which is its third in the last nine months. FTX Has Witnessed Tremendous...

FTX Hits $32 Billion Valuation on the Heels of $400 Million Series C

The FTX cryptocurrency exchange has announced the close of its latest funding round, during which the rapidly growing digital asset trading platform raised $400 million from a series of high-profile investors.

Jan 26 2022

FTX US Market Value Hits $8 Billion After $400 million Funding Raise

On Wednesday, cryptocurrency exchange FTX US announced a $8 billion value after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings. FTX US Taps $8 Billion Valuation According to Reuters, FTX.US has raised $400 million in its first-ever investment round. This comes after the exchange,...

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