Regulation
FTX CEO Sam Bankman-Fried says action needed on global rules for cryptocurrencies
Bankman-Fried says the global crypto industry needs a “passporting” policy framework that lowers barriers for crypto businesses.
Danny Park
Lens
FTX
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Crypto Trading and Strategies
Sam Bankman-Fried to refund FTX phishing victims — just this once
Cryptocurrency exchange FTX will reimburse US$6 million lost by users in a phishing attack over the weekend, according to founder Sam Bankman-Fried.
Dylan Butts
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Altcoins
Justin Sun, SBF again deny involvement in Huobi Global sale
The founder of blockchain network Tron, Justin Sun, and crypto exchange FTX founder Sam Bankman-Fried each denied for a second time that they have participated in purchasing a majority stake in Huobi Global, after crypto media outlet Wu Blockchain said on Monday that Sun was actually the Chinese crypto exchange’s behind-the-scenes purchaser, with Bankman-Fried was […]
Ningwei Qin
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Advanced Blockchain Technologies
South Korea’s Busan city wants to be blockchain central. Did everyone get the memo?
The coastal city was a prominent manufacturer of footwear, fabric and other light industries during the 1970s and 80s, and then grew into one of the world’s biggest container ports. Now it’s trying to reinvent itself in the digital world of blockchain.
Danny Park
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Crypto Trading and Strategies
FTX in talks to raise US$1B in fundraising round: CNBC report
Sam Bankman-Fried‘s FTX is in talks with potential investors about a funding round that would keep the company’s valuation in line with prior financing at the start of the year, CNBC reported Wednesday. See related article: Binance and FTX lead bidding for bankrupt Voyager Fast facts FTX Trading Ltd.’s latest funding round in January raised […]
Dylan Butts
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Altcoins
Binance and FTX lead bidding for bankrupt Voyager
Crypto exchanges FTX and Binance have reportedly made the highest bids on bankrupt crypto lender Voyager Digital Ltd. and its assets, but neither offer had been accepted as of Tuesday, according to a Wall Street Journal report. See related article: Sam Bankman-Fried lashes out at Voyager for rejecting FTX’s proposal Fast facts The WSJ article […]
Dylan Butts
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Altcoins
Alameda Research to repay US$200 mln crypto loan to Voyager Digital
Sam Bankman-Fried’s trading firm Alameda Research will repay around US$200 million in cryptocurrencies to bankrupt digital assets broker Voyager Digital by Sept. 30. See related article: Voyager Digital issues notice of default to 3AC Fast facts Alameda owes Voyager about 6,553 Bitcoins, more than 51,000 Ether and smaller amounts in various tokens including USDC, DOGE […]
Pradipta Mukherjee
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Altcoins
Huobi becomes third global exchange to sign with S.Korea’s Busan city
Global cryptocurrency exchange Huobi Global announced it will sign a memorandum of understanding with South Korea’s Busan city on Wednesday to help the city establish its first crypto exchange and promote its blockchain ecosystem. See related article: Binance to help S. Korea’s Busan build first city-backed exchange Fast facts The agreement entails Huobi providing technical […]
Danny Park
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Altcoins
FTX partnership boosts GameStop despite mixed quarterly results
GameStop shares jumped over 11% in after-market trading on Wednesday following an announced partnership with the cryptocurrency exchange giant FTX US, which will focus on “new e-commerce and online marketing initiatives.” See related article: FTX agrees to help South Korea’s Busan build its own crypto exchange Fast facts The announcement came in tandem with GameStop’s […]
Dylan Butts
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Altcoins
FTX agrees to help South Korea’s Busan build its own crypto exchange
Busan, South Korea’s second most populous city, Tuesday signed a memorandum of understanding (MOU) with global cryptocurrency exchange FTX to help develop a digital asset exchange. See related article: Binance to help S. Korea’s Busan build first city-backed exchange Fast facts FTX will provide technical and infrastructure assistance to Busan city in establishing the digital […]
Danny Park
