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Search Results for: Sam Bankman-Fried

FTX Shows a Ray of Hope to the Voyager Digital Investors

Voyager Digital Holdings was offered a purchase deal by FTX & partners. Customers are provided with an opportunity to cash out from the FTX account. Voyager Digital investors have been offered a helping hand by the FTX exchange as it is planning to accumulate the prior mentioned. The accumulation will

July 23, 2022 2 mins read

FTX CEO and Solana Co-Founder on Web3 Builder Summit

The blockchain ecosystem is expanding its growth through new strategies. At this early stage of web3, FTX founder and CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko offered insightful advice for Web3 founders during an online Web3 Builder Summit, which was hosted by Wing venture capital partner Zach DeWitt. The

July 22, 2022 2 mins read

Voyager Digital Files For Chapter 11 Bankruptcy in New York

According to reports, Kirkland and Ellis LLP are representing the company. More than 100,000 people were creditors to the company. Several projects have failed as a result of the current market downturn. Recently, the firm put all crypto trading, deposits, and withdrawals on hold. The company filed for Chapter 11

July 6, 2022 1 min read

Crypto Exchange Robinhood Announces Listing of Chainlink (LINK)

Coins like Dogecoin and Ethereum have been on the platform for a long time.  Chainlink’s price remains 86.75% below its all-time high of $52.88. This year saw the widespread acceptance of cryptocurrencies. One of the most well-known and popular trading platforms, Robinhood, included many new cryptocurrencies. FTX crypto exchange has

June 28, 2022 1 min read

Is FTX Exploring Deals to Buy Robinhood?

Sam Bankman-Fried disclosed a 7.6% stake in Robinhood. Following the report, Robinhood surged over 14%. The cryptocurrency exchange FTX said to consider acquiring the digital trading platform Robinhood, a prominent Magazine reported on Monday. Robinhood has not yet received a formal notice from FTX of any such acquisition and there

June 28, 2022 2 mins read

Leading Exchange FTX Announces Plans to Buy Canadian Crypto Firm Bitvo

The purchase is scheduled to conclude in the third quarter of 2022. On June 6, SBF indicated FTX would not reduce or freeze its employment. A deal has been reached to acquire Bitvo, a Canadian crypto platform, by the cryptocurrency derivatives exchange FTX. Announcing the acquisition of Bitvo on Friday,

June 17, 2022 2 mins read

FTX Receives $24.5M Worth ETH From An Anonymous Wallet

ETH Miner Revenue dropped to its 9-month low of $1.03M USD on Tuesday.  ETH reached its 90-Day low at $1,748 USD on May 12. Ethereum continues to trade in its red zone in the current $1.31 trillion crypto markets. The traders haven’t calmed down yet. It breached its lowest support

May 17, 2022 1 min read

CoinShares Joins FTX For Tactical Initiative Of Launching Staked Solana ETP

Two crypto giants are partnering for a tactical initiative of launching a new cryptocurrency. CoinShares is the largest investment-firms in Europe, and FTX is a crypto-exchange platform joining together to launch a physically-staked ETP. The partnership is to launch a Solana offering while the first project is an exchange-traded product

March 24, 2022 2 mins read

Emerging Crypto Craze Rises the Count of Billionaires

The trending aspect of Cryptocurrencies is emerging more billionaires.  Binance CEO leads the top list with a net worth of $23 billion.  The year 2021 alone marked the rise of 17 known crypto billionaires. Cryptocurrencies are becoming more and more popular, promoting its digital services all over the world. As

March 21, 2022 2 mins read

Russia Might Adopt Crypto to Avoid Sanctions Worries West

Sam Bankman-Fried stated that his organization is alert for any suspected usage. More than 17 million Russians have invested in cryptocurrencies. As a result of Russia’s invasion of Ukraine, the U.S., Europe, and Japan are all discussing new steps to prevent Russia from using cryptocurrency as a way to avoid

March 7, 2022 1 min read