Sam Bankman-Fried debunks Huobi Acquisition
After Bankman-tweet, Fried’s price of Huobi native token, HT, fell by about 6%. He also denies any allegations concerning Huobi’s acquisition. In a tweet on Monday morning, FTX CEO Sam Bankman-Fried said that the cryptocurrency exchange had no plans to buy Huobi, which CoinGecko says is one of the world’s largest with a daily trading […]
FTX investment arm, Alameda Research merges VC operations
In response to the present crypto bear market, FTX’s investment arm has reportedly merged with Alameda Research for venture capital operations. In an interview, Caroline Ellison of Alameda Research indicated that the merger had already taken place before Sam Trabucco, the company’s previous co-CEO, announced his retirement on Wednesday. This left Ellison as the only […]
FTX blocks accounts transacting with zk.money DApp
According to reports, FTX has started barring accounts that have sent money over the private layer-2 chain zk.money, which is made available by the Aztec Network on Ethereum. On Thursday, reports of FTX transactions being denied started to surface on Twitter, along with commentary on the reasons behind FTX and claims that zk.money is not […]
FTX and Paradigm Partner for ‘one-click’ futures spread trading
Together with the cryptocurrency exchange FTX, Paradigm has announced the start of spread trading. In a blog post on Friday, Paradigm said that FTX users would be able to use “one-click” trading with “no legging risk” for the spread between spot, perpetual, and fixed maturity futures on Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), […]
Dubai grants first MVP license to FTX subsidiary FZE
The first Minimal Viable Product (MVP) license for Dubai was given to FZE on Friday, enabling full operation of the exchange in the area. The operational license was granted to FZE by Dubai’s Virtual Asset Regulatory Authority (VARA) under the MVP program, which is, in the words of Helal Saeed Almarri, director general of the […]