Tag: Sam Bankman-Fried
Traders are complaining about Solana’s performance, raising questions about its status as a Wall Street darling
Solana has been touted as a blockchain built to handle high-speed, large transactions. But recent network performance issues have put into question its position as a blockchain built for Wall Street.
The post Traders are complaining about Solana’s performance, raising questions about its status as a Wall Street darling appeared first on The Block.
FTX vs Coinbase Review
For many Crypto users, Coinbase has become nearly synonymous with Cryptocurrency as they have a great reputation for being secure, regulated and very beginner-friendly. Many old school Crypto holders you speak to today will likely say that Coinbase was actually where they made their first-ever Crypto purchase as the exchange has been around since 2012 […]
The post FTX vs Coinbase Review appeared first on Coin Bureau.
Crypto exchange mascot ‘Moon Man’ won’t fight creepy food clown after all
Fast food chain Jack in the Box and crypto exchange FTX US have settled their federal lawsuit over alleged similarities between mascots.
The post Crypto exchange mascot ‘Moon Man’ won’t fight creepy food clown after all appeared first on Protos.
Solana DeFi Exchange for Crypto Derivatives Nabs $2.2M in Seed Round
FTX CEO comments on Solana and Avalanche
FTX CEO Sam Bankman-Fried on Ethereum Rivals Solana ($SOL) and Avalanche ($AVAX)
Vitalik Buterin Asks Twitter Followers Which Crypto They Prefer to Overtake Ethereum — Cardano, Tron Favorites
Heavyweight Bout of Crypto Exchanges: FTX vs Binance
Crypto Exchanges have come a long way since 2009. The market has seen the rise and fall of the fair share of crypto exchanges over the years. This evolution of the exchanges has led to the birth of some of the most technologically advanced exchanges that operate 24X7 across the year whilst handling billions worth […]
The post Heavyweight Bout of Crypto Exchanges: FTX vs Binance appeared first on Coin Bureau.
Crypto Exchange FTX Rolls Out $2,000,000,000 Venture Fund
Crypto exchange FTX is launching a $2 billion venture fund to support crypto and Web3 projects. The move was announced in a blog post penned by FTX CEO Sam Bankman-Fried, Ramnik Arora, the exchange’s head of product, and Amy Wu, the new head of FTX Ventures. The executives say they want to “make things easy […]
The post Crypto Exchange FTX Rolls Out $2,000,000,000 Venture Fund appeared first on The Daily Hodl.
Crypto Exchange FTX Launches $2B Venture Fund
Crypto derivatives exchange FTX has launched a $2 billion venture fund focused on backing Web3 projects and the overall digital asset ecosystem. Dubbed FTX ventures, the fund will be headed by Amy Wu, a former partner at $10 billion investment firm Lightspeed Ventures Partners. FTX Ventures will invest in multi-stage companies and projects and is particularly excited about the number of talented teams in the Web3 gaming space. In fact, Wu stated that she’s “particularly excited about web3 gaming” and it’s potential to go mainstream. She has previously led multi-million-dollar investments in blockchain software company Alchemy and crypto-gaming firm Faraway. “I am thrilled to be joining FTX to work alongside Sam and some of the smartest people disrupting the financial services industry. With FTX Ventures, we are looking to support entrepreneurs building generational businesses. We’re particularly excited about web3 gaming and its ability to bring mainstream audiences into the ecosystem,” Wu said. In November 2021, FTX, Lightspeed Venture Partners and Solana Ventures even teamed up to create a $100 million blockchain gaming fund. Commenting on the development, FTX CEO, Bankman-Fried said in a statement: “Our investors at FTX have made a deep impact in supporting our growth and development. We strive to do the same at FTX Ventures and are excited to find the brightest minds and disruptive innovation in tech.” As part of FTX Ventures, Wu will lead a team of eight people, which includes general partner Ramnik Arora who has worked as FTX’s head of product since October 2020. Advisor Armani Ferrante, is also part of the team who has previously worked as a software engineer at Alameda Research, a quantitative crypto trading firm and liquidity provider founded by Sam Bankman-Fried himself. With the launch of FTX Ventures, the US-based cryptocurrency exchange has now joined the likes of Binance Labs and Coinbase Ventures, both of which have been in existence for several years.
The post Crypto Exchange FTX Launches $2B Venture Fund appeared first on Cryptoknowmics-Crypto News and Media Platform.