Category: Sam Bankman-Fried

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2 Cryptocurrency Companies Purchased Ad Slots for 2022’s Super Bowl

On Wednesday, the Singapore-based digital currency exchange Crypto.com told the press that the firm purchased a 2022 Super Bowl advertisement slot. The firm follows the exchange FTX after the trading platform purchased a Super Bowl advertisement slot in October. Crypto.com Tells the Press the Exchange Purchased a Super Bowl LVI Advertisement Purchasing an ad slot…
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Solana price eyes $300 as Grayscale launches SOL-backed trust

The Grayscale Solana Trust would allow high-net-worth and institutional investors to gain indirect exposures to the yearlong bullish SOL market. Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line. The digital asset class is…
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Los Angeles Angels’ Shohei Ohtani Joins FTX’s Global Ambassadors, MLB Superstar to Be Paid in Crypto

The cryptocurrency firm FTX Trading Ltd. announced on Tuesday that the Major League Baseball (MLB) legend Shohei Ohtani also known as “Shotime” has joined the company’s global ambassadors. According to the announcement Ohtani will be paid in cryptocurrencies and will acquire an equity stake in the crypto company. Angels’ Shotime Joins FTX At the end…
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FTX US sees daily volume, users surge in Q3

Q3 was a volatile period for digital assets as Bitcoin wicked below $30,000 and the total crypto market capitalization shed half its value. United States crypto exchange FTX US registered a large uptick in trading volumes and investor activity during the third quarter, underscoring heightened retail appetite for digital assets amid the volat bull market. …
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African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion

Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes barely six months after…
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FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation

The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21, FTX said the firm’s estimated valuation is…
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The Mercedes-AMG Petronas F1 Team Inks Long Term Deal With Crypto Exchange FTX

Following a number of partnerships this year, FTX Trading Limited announced on Thursday that the company has partnered with the Mercedes-AMG Petronas Formula One Team. According to FTX, the relationship will “span multiple race seasons” and the FTX logo will be “featured prominently” by both cars and drivers. FTX Teams up With Mercedes F1 in…
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FTX crypto exchange expands to Bahamas with new registration

Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas. FTX, one of the world’s largest cryptocurrency exchanges, continues expanding operations by inking major regulatory approval in The Bahamas. The Securities Commission of The Bahamas has registered FTX Digital Markets, the Bahamian subsidiary of the global FTX crypto exchange, as an…
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Nifty News: Dolce & Gabbana’s historic NFTs, ’26 minute’ CryptoPunk flip, FTX spammed

People on Twitter were accusing Pranksy of wash trading a CryptoPunk NFT, Dolce & Gabbana is auctioning luxury NFTs to “approved bidders” and FTX was spammed with tokenized fish. Dolce & Gabbana knocking on the Dior of NFTs Luxury Italian fashion house Dolce & Gabbana is entering the NFT sector with a nine-piece collection of…
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FTX Launches Cross-Platform NFT Marketplace

FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which…
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