$200M BitGet BTC-USDT protection fund hints at investor-centric trend

Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ assets.

Crypto Futures Exchange CoinFLEX To Lay Off Employees As It Fights Legal Battle With ‘Bitcoin Jesus’

Embattled crypto derivatives exchange CoinFLEX is announcing employee layoffs amid a legal battle with ‘Bitcoin Jesus.’ In a new blog post, CoinFLEX says it is laying off a significant number of employees across the board as a means of reducing overhead costs.

FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital

Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bailout Voyager Digital.

Bitget and BCG Foresee Crypto Exchanges to Play a Key Role in Enabling Web3 Transformation

[PRESS RELEASE – Please Read Disclaimer] Most significant headroom expected in emerging economies Singapore, July 22, 2022 – Leading global derivatives exchange – Bitget, is pleased to release a joint report with Boston Consulting Group (BCG) and Foresight Ventures.

FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign

FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.

FTX Chief Sam Bankman-Fried Lays Out Three of the Biggest Use Cases for Crypto

The chief executive officer of crypto derivatives exchange platform FTX is highlighting three major use cases for digital assets.