Wed, December 4

South Africa’s Financial Watchdog Warns Users Against FTX and Bybit Exchange

The FSCA declared plans to build a regulated framework.  ByBit has expressed a readiness to seek authorization. According to South Africa’s financial watchdog, consumers should be “cautious and vigilant” while dealing with crypto exchanges FTX and Bybit. FTX is not permitted to deal in contracts for difference (CFDs), which are

February 3, 2022 1 min read

FTX Enters Strategic Partnership With Dreamfields to Provide FTX Card to Athletes

The initial round of fundraising for FTX US valued the company at $8 billion. The athlete’s FTX US trading account is linked to the FTX card. Dreamfield Sports and FTX, a cryptocurrency derivatives exchange, have teamed together to enable players to be paid in crypto. Students may make money off

January 30, 2022 2 mins read

Top Three Crypto Exchanges Ranking By Volume

As cryptocurrencies are highly creating hype through their digital services, users are now actively trading their favorite assets on safe and secure trading platforms. Out of that number of exchanges, here are the 3 crypto exchanges that entered the top list for scoring a high trading volume in the last

January 29, 2022 2 mins read

Crypto Exchanges Eyeing Venturing Into Stock Trading Offering to Traders

Bitstamp is considering “significant investments” in new markets. Binance exchange discontinued support for stock tokens. FTX US and Bitstamp Ltd., two cryptocurrency exchanges, are looking into providing stock trading in the United States, a move that would enable them to diversify while also entering the area of established financial institutions

January 14, 2022 1 min read

FTX Ventures Sets Aside $2 Billion Funds To Invest Into Crypto Startups

Amy Wu has been hired as the new business unit and fund head. Some $25.1 billion was raised for crypto businesses and initiatives in 2021. New venture capital funds have been formed by Sam Bankman Fried’s FTX, adding billions of dollars to the already bloated private market for cryptocurrency investment.

January 14, 2022 1 min read

SHIB Dethrones FTX From #1 Spot as Largest Holding Among Top 1K Whales

When it comes to FTX, its total value is $1,589,842,818 in US dollars. The SHIB army has destroyed approximately four billion SHIB tokens. When it comes to cryptocurrency assets, SHIB lately reclaimed the top spot among the 1,000 most valuable ETH tokens in terms of USD value, overtaking the FTX

December 29, 2021 1 min read

Crypto for the Year 2022!

Crypto industry has so far performed the best for the year 2021. Overall crypto industry market cap amounts to $3 Trillion. Certain hurdles pose for the year 2022 to overcome. Looking back for the past decade, the year 2021 has so far been the best year for the crypto industry.

December 29, 2021 2 mins read

Whale Alert Traces 33,999,990 XRP Transferred to FTX Exchange

The shift happened through Gopax to FTX exchange, as per Bithomp. Transactions on the XRP Ledger are processed within 3-5 seconds. A massive number of 33,999,990 XRP amounting to nearly 31,188,191 USD was reported by Whale Alert and XRP analytics service Bithomp today. Furthermore, it is reported that the shift

December 27, 2021 1 min read

CEO of Digital Finance Group, James Wo on FTX Purchase of LedgerX

Protocols like staking and DeFi would be tough to regulate. James said the company is focusing on establishing itself in the Asian industry. FTX purchased LedgerX, a cryptocurrency derivatives platform licensed by the CFTC, Swap Execution Facility, and Derivatives Clearing Organization (DCO). LedgerX has been around for nearly four years

September 27, 2021 2 mins read