FTX

Several of the world’s major exchanges have declared their support for Terraform’s reintroduction of the Terra chain as Terra 2.0. Likewise, participants in the network responded positively to the latest in a string of revival strategies from CEO Kwon Do-Hyeong. Terra Revival Plan Receives the Green Light Algorithmic stablecoin UST’s depegging kicked off a series of events that led to the Terra ecosystem’s record collapse. Although most of the crypto-industry had written off the project, Do-Kwon relentlessly pursued its salvation.…

Major cryptocurrency exchange, FTX Exchange, has kick-started an initiative to provide support to financially disadvantaged individuals and households in Chicago.  The exchange revealed its supportive plans during its grand opening of a new headquarters in the populous city of Chicago. FTX Expansion to the US The Bahamas-based FTX Exchange recently founded a subsidiary in the United States, dubbed FTX.US. The initiative was officially announced at the inauguration of the exchange's headquarters in Fulton, Chicago. While it is commendable enough FTX…

Crypto exchange FTX has added tennis champion Naomi Osaka to its growing list of ambassadors from the sports and entertainment sector. Welcoming Women into the Crypto Space The exchange shared news of this in a release on Monday, March 21st. According to the statement, the deal represents the start of an extended collaboration between the platform and the athlete. Naomi Osaka, also known for her activism off the court, will help bring women aboard the digital sphere. Of late, the…

Though the crypto industry has made unprecedented strides in 2021, various hurdles limit its development. Sam Bankman Fried – CEO of crypto exchange FTX – recently outlined some key issues he thinks the community should address heading into the new year. Ranging from regulation to transaction throughput, he is ready for “slow, hard work” in fleshing out a truly decentralized internet. Where We Are The young billionaire detailed his thoughts in a lengthy Twitter thread on Monday. He said it…

Cryptocurrency exchange FTX is set to offer traders tokenized shares of some fortune 500 companies, including Apple and Amazon. This was revealed in a press release with key details about the listing of the new digital assets. FTX will be partnering with European financial firms CM Equity and Digital Assets to offer fractional stocks on its platform. About a dozen stock and crypto pairs will be traded on the FTX trading platform. Some of the major names include Netflix Inc,…

Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token.  The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…