
May 10th, 2025
Many notable names in the crypto space present at the WEF spoke of the unsustainability of the existing cryptocurrencies.
In February, Dubai announced its first crypto regulation, making it illegal for anyone to deal with crypto assets without VARA approval.
According to Harrison, Terra’s issue points to the role of exchanges in investor protection such as screening out assets that appear illegitimate or lack transparency and long-term value.
Amid its aggressive expansion plans and rapid growth, crypto exchange FTX grabs a 10.8% market share for crypto.
The Goldman Sachs proposed partnership if proven to be true will form very good leverage for FTX as it will garner the backing of a big industry giant.
The said figure represents a 13% increase from the $1.4 billion the league recorded in the 2020-21 season.
FTX CEO Bankman-Fried, he could spend up to $1 billion on the US elections, an amount that would make him the largest election donor.
Bahamian crypto exchange FTX has held preliminary talks with Webull, Apex Clearing, and Public.com over a possible acquisition for stock trading.
One of the super PACs that received donations from Bankman-Fried is the Protect Our Future group.
FTX takes another step towards its ultimate goal of becoming the ‘everything exchange’ by offering stock trading to its US clientele.
Besides Coinbase Global Inc, a host of other stocks in the US that are connected to the crypto economy, are largely suffering the same faith as it relates to stock devaluation.
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network.
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months.
FTX US revealed its application for a trust charter along with announcing the appointment of a new Chief Compliance Officer (CCO). Marissa MacDonald, experienced compliance professional from Fidelity Investments Inc, will be in charge of the licensed trust.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.