Ethereum Although he is not the creative force behind a crypto exchange , Canadian computer programme Vitalik Buterin is one of the co-founders of Ethereum . He conceived the platform as an alternative to bitcoin in the early days of digital currency ; he thought that bitcoin needed a scripting language for application development , so he set out to build Ethereum .

Today , the platform and its associated cryptocurrency , Ether , are among the most-traded on the market , earning Buterin a reputed net worth of around US $ 1.5bn .

FTX

FTX describes itself as “ a cryptocurrency exchange built by traders , for traders ”. In fact , before starting the platform , Founder and CEO Sam Bankman-Fried was a trader himself , working on the international exchange-traded funds ( ETF ) desk of New Yorkbased trading firm Jane Street Capital .

An MIT graduate , he joined forces with Google software engineer Gary Wang in 2019 to create FTX . Led by Bankman-Fried , the platform is seeking to create a derivatives exchange that nudges the industry closer towards institutional investing .

102 August 2022