Tag: FTX

FTX crypto exchange wins license in Dubai to open local headquarters

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Major global cryptocurrency exchange FTX is expanding operations in the United Arab Emirates by receiving a virtual asset license in Dubai. The license is apparently granted under a new cryptocurrency law adopted last week in Dubai, with Dubai Virtual Asset Regulatory Authority (VARA) becoming a major crypto regulator in the Emirate’s special development and free zones. According to FTX founder and CEO Sam Bankman-Fried, FTX has received the “first and so far only” digital exchange license from Dubai. Binance has also obtained a crypto license in Dubai under the same…

Ukrainian government launches crypto donation website with FTX, Kuna and Everstake

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Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people. In a Monday announcement, Ukraine’s Ministry of Digital Transformation said the government had launched Aid for Ukraine, a platform that accepts donations in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), Monero (XMR), Icon (ICX), and Neo (NEO) “to support people in their fight for freedom.” Many parts of the country have been…

FTX joins other crypto goliaths to promote autonomy over sensitive information

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Centre, an open-source technology project developed by Coinbase and Circle, has onboarded crypto exchange FTX and Alkemi Network as its latest partners to collaborate on Verite. Verite is a set of shared decentralized identity protocols — developed by Centre — to empower crypto-centric individuals and businesses by granting total control of personal information.  Supporting Verite’s commitment to collaborate on shared decentralized identity standards, FTX and Alkemi have added to the list of 14 crypto companies, which include Coinbase, Circle, Hedera Hashgraph, Ledger, the Solana Foundation and more. Verite launch partners…

FTX integrate Bonfida’s flagship service to enable domain withdrawal function

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Bonfida, a multifunctional infrastructure built around Solana blockchain, has announced that their Solana Name Service, or SNS, will be integrated into cryptocurrency exchange FTX in a bid to expand the former’s digital footprint and adoption rate. Alongside the SNS, Bonfida is recognized within the industry for its deployment of the inaugural decentralized exchange, or DEX, on Serum in September 2020 as well as presently serving as an API on-chain data analytics service to the Solana ecosystem in addition to orchestrating governance mechanisms through their native FIDA token, among other functions. The…

FTX to deploy $1B through Future Fund for safer AI, reduced biorisk

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Global crypto exchange platform FTX launched a fund called the FTX Future Fund with an aim to support long-term improvements for humankind. The project will deploy up to a billion dollars to support projects focusing on safe artificial intelligence development, reducing biorisk dangers, effective altruism and more. According to the announcement, the team will support both non-profit and for-profit ventures as long as it aligns with the fund’s mission such as protecting future generations by addressing issues such as poverty and environmental problems. The fund also aims to look for…