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New book reveals Binance CEO CZ rejected SBF’s $40M request for futures exchange

Binance CEO Changpeng “CZ” Zhao reportedly declined to pay $40 million to former FTX CEO Sam Bankman-Fried (SBF) for a futures crypto exchange in March 2019, according to an excerpt from Michael Lewis’ book Going Infinite: The Rise and Fall of a New Tycoon.According to the book, SBF proposed a

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Nexera Exchange unveils on-chain limit order book

Nexera Exchange, a decentralized exchange (DEX) by AllianceBlock, has unveiled its first trading feature, an on-chain limit order book, according to a press release shared exclusively with crypto.news on Sep. 19. Nexera’s on-chain limit order book The Nexera Exchange, designed as an intermediary layer, is focused on enhancing user interactions with any

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DYdX to launch decentralized order book exchange on Cosmos: KBW 2023

Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos.At the Korea Blockchain Week 2023, Cointelegraph's Andrew Fenton spoke with dYdX Foundation CEO Charles d'Haussy about the DEX’s plans to implement decentralized

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Oxford scientists develop GPU-accelerated limit order book sim to teach AI how to trade

A multidisciplinary research team from the University of Oxford recently developed a GPU-accelerated limit order book (LOB) simulator called JAX-LOB, the first of its kind. JAX is a tool for training high-performance machine learning systems developed by Google. In the context of a LOB simulator, it allows artificial intelligence (AI) models

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Sui Gains Centralized-Exchange Type Trading as DeepBook Introduces Order Book for Decentralized Exchanges

“DeepBook provides the essential financial foundation for every DeFi tool built on Sui," said Greg Siourounis, managing director of the Sui Foundation. "Combined with the scalability and composability built into the Sui Network, DeepBook offers developers the chance to build applications that are simply not possible on other networks.” Source

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FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO

Former FTX executives allegedly splurged millions on funding niche projects completely unrelated to crypto or Web3, including a uniquely named $1.8 million “Pineapple house.”A June 26 report from FTX restructuring chief and CEO John Ray laid out the uses of the allegedly misappropriated customer funds.According to the report, this included

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