FTX

 

Description
FTX is a cryptocurrency exchange built by traders, for traders.

FTX’s leveraged tokens provide a clean, automated way for users to get leverage. The BULL and BEAR tokens automatically manage their exposure, rebalancing daily to maintain their target leverage and prevent liquidations.

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Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms
While there has been no news of Tron bailing out any crypto firm thus far, Sun said he is willing to commit as much as $5 billion to save distressed crypto outfits
FTX Still Has a Few Billion to Spare for Struggling Crypto Firms, Sam Bankman-Fried Says
FTX, a leading crypto exchange, is willing to splash a few billion to help struggling companies amid the present cryptocurrency winter, according to the exchange’s CEO and founder, Sam Bankman-Fried.
FTX’s Sam Bankman-Fried Eyes Bailing Out Jittered Crypto Miners After Inking BlockFi Deal
Sam Bankman-Fried, the CEO and founder of crypto exchange FTX, revealed that he was looking at the option of making acquisitions in the limping crypto mining sector
FTX Abandoned Discussions to Celsius Network Acquisition - Report
FTX rejected the deal to bail out or buy crypto lending firm Celsius. FTX decided to shut down the negotiations and walked away after it found out a "$2 billion hole" in Celsius’ balance sheet.
Morgan Creek Digital to Raise $250m, Balancing BlockFi's Bailout from FTX
Bailing out the crypto lending platform BlockFi has come off as one of the most significant endeavours for early investors in the company such as Morgan Creek Digital.
FTX Denies Making Internal Deliberations on How to Acquire Robinhood
Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc.
FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings
FTX US has announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC for an undisclosed sum.
BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange
Struggling digital assets company BlockFi has received a $250 million credit facility from FTX Derivatives Exchange as it looks to survive the current downturn in the crypto industry.
Fed Is Driving Current Downturn, Crypto Billionaire Says
While investors have become increasingly concerned with rising inflation, the Fed planned to address it by hiking interest rates. The central bank has been clear with regards to what it would do to control inflation.
FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg
Sam Bankman-Fried said his company is awash with excess liquidity and drawing on this, FTX Derivatives exchange is set to make a number of strategic acquisitions moving forward.

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