FTX exchange launches $1 billion charity fund
It is a step towards expanding the crypto exchange beyond the world of digital assets into other real-world industries
01.03.2022 - 11:40
934
1 min
0
What’s new? The FTX cryptocurrency exchange has announced the creation of a $1 billion “Future Fund” that will invest in charitable causes. The company is looking for projects that can safely advance AI, minimize the risk of biochemical disaster and end global poverty.
Announcement of the fund’s creation
What are the terms? Both non-profit and for-profit projects will be considered, as long as they are in line with FTX’s aims. Those wishing have until March 21 to apply for the first round of funding.
“Tech startups start small and then rapidly scale. We’d like to see that in philanthropy, too,” FTX says.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$62 830
BTC
+0.61%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.1
XRP
-1.06%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.079005
DOGE
-0.54%
-
Zcash
$420.74
ZEC
-0.89%
-
Stellar XLM
$0.192338
XLM
-0.59%
-
Cardano
$0.1485
ADA
-3.19%
-
Polkadot
$3.32
DOT
+5.27%