Crypto exchange FTX has introduced a native NFT marketplace designed to capitalize on the sector’s parabolic growth over the last year. After witnessing the parabolic growth of the nonfungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX has become the latest crypto platform to announce the launch of a native…
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FTT price soared to a new all-time high after FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships. Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem. One project that has seen massive…
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Talking with big brains about DeFi, regulation, CBDCs, and institutional adoption at the Bitcoin conference in Miami! Last week, I made the mistake of being just about the only DeFi denizen who actually went to the Bitcoin 2021 event in Miami. While I managed to catch up with a handful of builders and big brains…
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Twelve crypto billionaires have made the Forbes list for 2021, with Sam Bankman-Fried the leader in crypto with a net worth of $8.7 billion. Forbes released their annual billionaires list on April 6, with Amazon overlord Jeff Bezos and his $177 billion topping the list for a fourth consecutive year. Announcing Forbes’ 35th Annual World’s…
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Solana will host a DeFi hackathon offering a $200,000 prize pool and $200,000 in seed funding to aspiring developers. Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation. The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with…
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FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview. Alameda Research and FTX exchange founder Sam Bankman-Fried has amassed a fortune, mostly via crypto assets over the past few years according to New York Magazine. SBF, as he is known in crypto circles, spoke to the publication…
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In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit’s open interest, but is there room for further upside? FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider. The exchange launched in April 2019 and offered the usual spot trading,…
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A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform. Leading offline mapping application Maps.me has conducted a $50 million seed funding round to embed decentralized finance tools onto its platform. The funding round for “Maps.me 2.0” was led by Sam Bankman-Fried of…
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Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms. Changpeng Zhao, the chief executive of Binance, the world’s largest crypto exchange by trade volume, reported a record of $80 billion in 24-hour trade activity on Jan. 4. On Twitter, CZ compared the recent activity…
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FTX’s Sam Bankman-Fried doesn’t believe Ethereum will be able to provide the scaling capabilities required by the DeFi sector in future. FTX exchange co-founder and CEO Sam Bankman-Fried believes Ethereum (ETH) is incapable of handling decentralized finance’s (DeFi) growth. Talking to Camila Russo from the Defiant Podcast, Bankman-Fried says that the Ethereum blockchain is limiting…
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