FTX Exchange

Amid Tightening Regulations: SBF Explains FTX’s In-Depth KYC Process

In light of recent regulatory scrutiny on the entire industry from global watchdogs, digital asset exchanges have attempted to enhance their efforts in order to comply with emerging legislation. The latest to outline its strategy is FTX, as the company’s CEO explained. FTX’s KYC/AML Endeavors The cryptocurrency space saw massive growth in the past year...
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It’s Official: Blockfolio Has Now Rebranded to FTX

The popular multi-purpose cryptocurrency application, Blockfolio, has now officially rebranded to FTX. The change will have no impact on the customer user experience. As reported by CryptoPotato last August, the cryptocurrency derivatives exchange FTX acquired Blockfolio in a deal worth $150 million. The two companies are taking their partnership a step further, as the popular multi-purpose application...
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FTX Valued at $18 Billion Following a Record $900M Funding Round

Hong Kong-based cryptocurrency derivatives platform FTX has made history after raising a record $900 million in Series B funding. According to a report by Forbes on Tuesday (July 20th, 2021), more than 60 investors were involved in the funding round in what is described as the largest fundraiser in the crypto space. Some of the...
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Legendary Football Player Tom Brady to Take Equity Stake in FTX

Tom Brady and his wife, Gisele Bündchen, have taken an equity stake in the popular cryptocurrency trading platform – FTX. Although the amount of the equity stake has not been disclosed, it’s known that the duo will receive some sort of payment in cryptocurrencies. Bloomberg coverage from June 29th indicated that the power couple of...
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After the Miami Heat: FTX Partners With Major League Baseball (MLB)

After joining forces with NBA’s Miami Heat, the cryptocurrency exchange FTX keeps its expansion with significant partnerships – this time is the US MLB. As a result, the trading platform has become the Official Cryptocurrency Exchange brand of the league. According to a press release from earlier on June 23rd, FTX has entered into a...
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Google Removes Its 2018 Ban on Cryptocurrency Wallets and Exchange Ads

Google has lifted its ban on cryptocurrency exchanges and digital wallets, prohibiting them from using Google’s advertisement service, a policy that lasted almost three years. According to the document, Google will update its Financial products and services policy in August to further clarify cryptocurrency exchanges about all the requirements needed to allow advertisement through the...
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FTX Bags $135M Naming-Rights Deal for Miami Heat Arena

Cryptocurrency derivatives exchange FTX is set to win a $135 million naming-rights deal for the sports arena belonging to the Miami-based American professional basketball team – Miami Heat. According to a recent report, the deal, which is organized by the Miami-Dade County Commission as it controls the naming-rights to the arena, will be finalized on...
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Blockfolio Launches Zero Fee Trading App With CirclePay

Blockfolio has long been a favorite for crypto traders as it provides a handy place to track their assets, trades, and profits (or losses) over time. The app has a reported user base of around 6 million so it has a good head start over rivals. It is also launching with zero fees which will...
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