FTX CEO backs Tether, says some exchanges are “secretely insolvent”

FTX CEO backs Tether, says some exchanges are “secretely insolvent”

FTX Founder and CEO Sam Bankman-Fried (popularly referred to as SBF in the crypto world) gave an overview of the current state of the crypto market and also spoke in favor of Tether, the issuer of the largest stablecoin in the crypto market, USDC, in an interview with Forbes. Generous FTX Boss Series FTX had…

FTX CEO denies having talks of acquiring Robinhood Markets

FTX CEO denies having talks of acquiring Robinhood Markets

In a recent report, Bloomberg said that FTX, one of the largest cryptocurrency exchanges, is in mergers and acquisitions (M&A) discussions with Robinhood Markets. However, this appeared to be a false report as the exchange’s co-founder and CEO, Sam Bankman-Fried, denied having had any such conversations. FTX is open to a partnership with Robinhood According…

Binance brings institutional platform for high-net-worth investors

Binance brings institutional platform for high-net-worth investors

Binance, the world’s biggest crypto exchange, has launched a new institutional platform that brings an entirely new world of trading for institutions, crypto platforms, family offices, high net worth individuals, crypto miners, asset managers, and hedge funds. Binance offers a plethora of services According to the data revealed, the crypto exchange will offer a number…

Binance partners with legendary footballer Cristiano Ronaldo to launch NFT collections

Binance partners with legendary footballer Cristiano Ronaldo to launch NFT collections

Crypto exchange giant Binance recently announced that it has partnered with legendary Portuguese footballer Cristiano Ronaldo to create and promote non-fungible tokens (NFTs). Binance signs multi-year contract with Cristiano Ronaldo According to announcement made by the exchange, the soccer star, also known as GOAT (Greatest of All-Time), and Binance have signed a multi-year agreement to…

Coinbase welcomes Advanced Trade, bids adieu to Coinbase Pro

Coinbase welcomes Advanced Trade, bids adieu to Coinbase Pro

Coinbase, one of the largest cryptocurrency exchanges in the United States, confirmed via a blog post authored by Dan Stone, group product manager, and Andrew Herman, director of engineering at the exchange, that it will shut down Coinbase Pro, Goodbye Coinbase Pro Coinbase Pro is described as “a tool for advanced traders to perform technical…

FalconX raises $150M at a whopping $8B valuation

FalconX raises $150M at a whopping $8B valuation

FalconX, the institutional-level digital asset platform, announced that it has closed a $150 million Series D funding round. FalconX more than doubles its valuation The investment round, completed in early June, values ​​FalconX at $8 billion, more than double its previous Series C valuation of $3.75 billion. The funding round was led by Singaporean sovereign…