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FTX

  • Regulation

    FTX heads Down Under as Australia looks to crypto industry

    Bahamas-based crypto exchange FTX announced the establishment of an Australian branch on Monday Asia time as part of the company’s global expansion plans. See related article: New crypto regulation — including tax reform — coming to Australia Fast facts FTX Australia will be headquartered in the nation’s financial capital Sydney and will be fully licensed […]

    Lachlan Keller

  • Regulation

    Binance wins crypto license in Dubai days after FTX

    Binance has received a virtual asset license in Dubai to offer services to qualified investors, as the world’s largest crypto giants continue their Middle East drive.  See related article: Binance wins license in Bahrain, explores acquisition of Brazilian brokerage Fast facts The license will allow Binance to operate within Dubai’s “test-adapt-scale” model and serve pre-qualified […]

    Timmy Shen

  • Regulation

    FTX gets crypto exchange license in Dubai

    Crypto exchange FTX has secured a digital asset exchange license in Dubai under new laws adopted last week and will be setting up a local headquarters in the city.  See related article: Crypto on the beach: FTX and other players find paradise in the Caribbean Fast facts Binance has also secured a license under the […]

    Monika Ghosh

  • Events and Conferences

    Tomorrowland wants to bring music to Web 3.0 with FTX Europe

    Global cryptocurrency exchange FTX’s European arm announced a partnership with Tomorrowland on Thursday with goals to bring blockchain and Web 3.0 applications to the popular electronic music festival. Fast facts The partners will explore Web 3.0 applications such as non-fungible tokens (NFTs) for art, music, ticketing, as well as crypto payments and metaverse events.   The […]

    Danny Park

  • Bitcoin News

    Super Bowl ad blitz not enough for exchanges to top Binance sales

    The aggregate sales volume of the four crypto exchanges that advertised during the Super Bowl on Monday Asia time accounted for under 60% of the world’s largest exchange Binance, which did not. Fast facts The four exchanges — Coinbase, FTX, Crypto.com and BitBuy — saw a total of US$6.75 billion in the past 24 hours […]

    Lachlan Keller

  • Bitcoin News

    Crypto exchanges compete in Super Bowl ad blitz

    Advertisements for several crypto exchanges vied for the spotlight in this year’s Super Bowl, including one for Crypto.com that aired during the showcase halftime break. Fast facts Following a widely publicized ad featuring Matt Damon, Singapore-based Crypto.com’s new ad featured basketball star LeBron James talking to his younger self in 2003 insinuating the creation and […]

    Lachlan Keller

  • Altcoins

    FTX to buy Asian fintech Liquid for undisclosed sum

    Fresh off a US$32 billion valuation, crypto derivatives exchange FTX Trading said Wednesday it will acquire its Japanese competitor Liquid Group and all its subsidiaries. Fast facts The deal is expected to close in March, according to a Liquid release. “Following FTX’s acquisition of Liquid, Quoine will gradually integrate FTX’s products and services into its […]

    Jeanhee Kim

  • Crypto Trading and Strategies

    FTX reaches US$32B valuation after closing $400M series C

    The owner and operator of cryptocurrency exchange FTX.COM announced Monday it closed US$400 million in a Series C fundraise that now values the company at US$32 billion. Fast facts Investors participating in this round included Temasek, SoftBank Vision Fund 2 and Tiger Global, among others. The company said all of the investors have participated in […]

    Jeanhee Kim

  • Crypto Trading and Strategies

    Binance CEO Changpeng Zhao is the richest Asian, Bloomberg data shows

    Binance CEO Changpeng Zhao is now the richest Asian person with an estimated net worth of US$96 billion, even without counting his crypto fortune, according to the Bloomberg Billionaires Index. Fast facts The daily index ranks the world’s 500 richest people, a list on which the 44-year-old Canadian founder would place 11th, according to the […]

    Monika Ghosh