The DeFi market is on its way to expand and set its footprint in the Asian market. Alameda Research allocates $4miilion to Coin98 Finance. The exclusive deal marks the growth of DeFi across the Asian region, as the trading platform identifies the Southeast Asian market as a potential growth capital. Coin98 Finance is a budding DeFi platform from Vietnam. The VC behind Coin98 Finance, Coin98 Ventures is one of the biggest cryptocurrency fund in Vietnam which supports the Solan

Sam Bankman-Fried (SBF), the CEO of Alameda Research and FTX exchange, has amassed a fortune through crypto-assets over the past few years, as stated by New York Magazine. It has been reported that SBF spoke to the publication about his journey into the crypto industry since 2018. During the interview, he estimated his own net worth at $10 billion, mostly in illiquid assets. However, the former Wall Street quant trader got into crypto trading in 2018 after noticing significan

Considering multiple reports about the meteoric price increase of many commodities, which include stocks of GameStop (GME), AMC Entertainment (AMC), and Dogecoin (DOGE), an index preceding the assets has been mentioned by crypto exchange FTX. FTX called the index after Wall Street Bets, which was assumed to be connected with the pumping of these asset values by the Reddit group. FTX now has a futures trading product inspired by Wall Street Bets-related asset prices, @benjamin

GameStop, a global video game retail chain, is recorded by Crypto Exchange FTX after the stock became the most common pick on Reddit’s infamous r/Wallstreetbet It is a forum devoted to trading stock market stocks. As if things couldn't get crazier for GameStop, $GME is now listed on a crypto exchange. If you've been loving the volatility of crypto and stocks, your life just got a lot sweeter. https://t.co/hoAomxWYgY — Cointelegraph (@Cointelegraph) January 27, 2021 The Wedne

FTX, a crypto derivatives exchange, has added Airbnb to its list of stock offerings on the eve of the online rental marketplace’s highly anticipated initial public offering (IPO). It has been reported that cryptocurrency traders can gain exposure to Airbnb through a pre-IPO derivatives contract directly on FTX. As a pre-IPO product, the performance of the contract is linked to the market capitalization of Airbnb at the end of its first trading day. However, FTX said that thes

Oxford and Cambridge universities (departments of mathematics and computer science) are competing to build crypto trading algorithms on major exchanges Coinbase Pro and FTX. It has been reported that the 15 teams will be assessed on their trading strategies, the technical design of their algorithms, and their overall return on investment. The competition launched on November 16 and will run until December 16. However, the strategies employed include arbitrage, predictions bas

FTX, the major cryptocurrency derivatives exchange, has launched trading in “fractional stocks offerings,” tokenized products representing the shares of global firms. It has been reported that the products were launched on October 29 in partnership with German-licensed investment Firm CM-Equity and tokenization firm Digital Assets AG. However, more than one dozen equity and crypto pairings are available for trade on FTX, including fractionalized Tesla (TSLA), Apple (APPL), an

After launching TRUMP futures trading last week, FTX plans to release five additional 2020 presidential election-based futures products. An FTX representative said: “What we’re about to come out with is just similar contracts for the top five Democratic candidates” FTX plans to launch futures trading products based on the five democratic candidates such as: Bernie Sanders (BERNIE) Joe Biden (BIDEN) Elizabeth Warren (WARREN) Pete Buttigieg (PETE) Mike Bloomberg (BLOOMBERG) Alt

FTX, the cryptocurrency derivatives exchange, has launched Bitcoin (BTC) options trading on January 11, 2020. FTX CEO Sam Bankman-Fried announced through twitter that they have launched Bitcoin (BTC) trading option on Jan. 11. In the last 24 hour $277,8 million has been traded on the platform. Read more: https://t.co/vqlWC1dfWA@FTX_Official @Bitcoin #SamBankmanfried #btc — Sushma Aithal (@AithalSushma) January 13, 2020 It has been reported that Sam Bankman-Fried, the CEO of

Binance, the major cryptocurrency exchange, has made a strategic investment in crypto derivatives exchange FTX. #Binance Announces Strategic Investment in FTX and Lists FTX Token (FTT)https://t.co/wcedKpy9ds pic.twitter.com/dVrLCQiV74 — Binance (@binance) December 20, 2019 On December 20 (today), it has been reported that Binance has made both an equity investment in FTX and is taking a long term position in the exchange’s native asset, FTX Token (FTT). However, within the s