FTX
Co-CEO of Crypto Trading Firm Alameda Research Sam Trabucco Steps Down
Trabucco will stay on as an adviser, while Caroline Ellison will become the company’s sole CEO.

FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.

FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.

FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The five companies "made false representations" suggesting crypto products might be FDIC-insured.

Sam Bankman-Fried, Justin Sun in Talks to Buy Majority of Huobi Global Exchange: Report
Bloomberg reports that Leon Li, founder of crypto exchange Huobi Global, is in talks with Tron founder Justin Sun and FTX, the crypto exchange founded by billionaire Sam Bankman-Fried, to sell a majority stake in the company in a transaction that would value the firm at $3 billion or more.

Crypto Entrepreneurs Bankman-Fried, Sun in Talks to Buy Majority of Huobi Global Exchange: Report
The deal could be one of the biggest ever in the crypto industry.

Binance Among Crypto Exchanges Blocked as Uzbekistan Clamps Down
FTX and Huobi are also inaccessible as the authorities restrict access to unlicensed centralized trading platforms.

Reddit Expands Community Points Offering With FTX Pay Integration
Social media giant Reddit has formed a partnership with FTX Pay to allow users to pay gas fees on transactions using community points and purchase ether (ETH) directly on the app. “The Hash” team discusses the latest move potentially bringing Web3 to the masses.

Reddit Expands Community Points Offering With FTX Pay Integration
Reddit users can now purchase ether directly on the app.
