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FTX
FTX Token DAO Raises $7M From Community of Sam Bankman-Fried Fans
A community dedicated to FTT, the native token of crypto exchange FTX, has raised $7 million (250,000 FTT), which will be converted into an ecosystem fund for community-led projects across DeFi and crypto education. "The Hash" team discusses the latest in Sam Bankman-Fried's crypto empire.
FTX Token DAO Raises $7M From Community of Sam Bankman-Fried Fans
The money is destined for a fund that will contribute to community-led projects across DeFi and crypto education.
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.
FTX in Talks to Acquire Part of BlockFi: Report
FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week.
BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal
The Bank of England official is skeptical whether decentralized finance will ever be a thing.
Is Sam Bankman-Fried a Modern-Day Robber Baron?
In bailing out the crypto industry, the digital asset titan is acting like at least one Gilded Age financier.
FTX Backs Out of Sports Deals Amid Crypto Winter: Report
The New York Post is reporting that FTX is dropping out of discussions for certain major league sport deals amid the recent crypto market downturn. “The Hash” discusses the latest volatility and future of sports sponsorships for crypto companies.
BlockFi Receives $250M Credit Facility From FTX
Crypto lending platform BlockFi secured a $250 million revolving credit facility from FTX. BlockFi CEO Zac Prince notes the move “bolsters our balance sheet and platform strength," and added that "the proceeds of the credit facility are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan collateral) and will be used as needed."
FTX Unit Buys Stock-Clearing Platform Embed to Expand Equity Trading Infrastructure
The acquisition is intended to aid FTX.US' equity trading ambitions.
