FTX US President Brett Harrison Steps Down
Brett Harrison, President of the United States subsidiary of major cryptocurrency exchange FTX, is leaving his leadership position but will act as an advisor for the company. Nevertheless, the exec…
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FTX Wins Auction for Voyager Digital Assets Worth Over $1 Billion
Following the bankruptcy filing of beleaguered crypto exchange and investment platform Voyager Digital back in July, the bankrupt firm’s leadership has explored multiple avenues that would potentially allow them to…
SBF Surprised by FCA’s Warning Against FTX, Says They’ve Been in Talks
Sam Bankman-Fried – Co-Founder and CEO of FTX – said the tension between his company and the top financial watchdog in the UK – the FCA – was unexpected. In…
FTX Seeking $1 Billion Financing to Raise Valuation to $32 Billion, Reports
Cryptocurrency exchange FTX could be in talks with several investors, seeking to raise $1 billion, increasing the company’s valuation to nearly $32 billion. According to a CNBC report, this billion-dollar…
Binance Leads FTX in Voyager Assets Bid: WSJ Report
Major cryptocurrency exchanges Binance and FTX are reportedly leading the bid to acquire assets of troubled crypto lender Voyager Digital, which filed for bankruptcy in July. Other recent reports claimed…
Bankrupt Lender Voyager Fetches $200 Million Loan From Alameda
The bankrupt crypto lender, Voyager, has signed a non-binding term sheet with SBF-controlled quantitative trading firm, Alameda Research, to secure loans amid the turmoil in the market. The two loans…
UK FCA Warns Consumers About Crypto Exchange FTX (Report)
The top financial regulator in the United Kingdom – the Financial Conduct Authority (FCA) – reportedly said that the cryptocurrency platform FTX does not have the necessary license to provide…
Downturn Effects: Amber Group’s Workforce to See 5%-10% Reduction (Report)
Blockchain company Amber Group will see a reduction of its workforce in the range of 5%-10% this year. The Singapore-headquartered firm has about 900 staff on its rolls, increasing from…
FTX Ventures to Acquire 30% Stake in Anthony Scaramucci’s SkyBridge (Report)
After the market turmoil that brought massive pain to numerous crypto-related companies, FTX continues to channel money into such entities. The latest one in which the SBF-spearheaded organization will acquire…
GameStop Shakes Hands With FTX US After Announcing Q2 Results
The retail gaming giant – GameStop – said it partnered with US brand of the popular cryptocurrency exchange – FTX. Over the course of the agreement, the former will begin…
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