FTX Raises a RIDICULOUS $900 Million from Over 60 Investors

FTX, a cryptocurrency derivatives exchange headquartered in Antigua, completed a record $900 million financing that valuates the company at $18 billion. Due to the increase in the company’s net worth, it is expected that its billionaire founder and CEO, Sam…

EU Wants to BAN Anonymous Crypto Wallets Due to Criminal Fears

To combat money laundering and terrorist funding, the EU has called for an outright ban on anonymous cryptocurrency transactions. This package, which was released on Tuesday, includes four pieces of legislation. Other cryptocurrencies and all crypto-asset services are covered under…

SushiSwap Community PISSED at Proposal to Sell Discounted Tokens to VCs

Sushiswap intends to offer $60 million in discounted tokens to venture capitalists. About 62% of the community thinks the plan is a bad idea. 0xMaki, the defacto leader of Sushiswap, proposed making it cheaper for venture capitalists to control the…