PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major research and development hub across Asia that has pioneered new payment systems at…
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Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder. Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions…
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It’s been 16 days since FTX filed for Chapter 11 bankruptcy protection in the U.S. and the former FTX CEO Sam Bankman-Fried (SBF) is allegedly still hunkering down at his seaside resort in the Bahamas. This weekend, the Youtuber known as Bitboy decided to fly down to Nassau in order to question SBF about the…
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Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishing “puff pieces” about SBF and the Alameda Research executive Caroline Ellison. A number of articles have been called out for being too lenient on…
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While mainstream outlets have generally grasped the complexity of upgrading a major blockchain “mid-flight,” it’s prompted a few to warn about the disruptions should it fail. Mainstream outlets are starting to pick up on the significance of next week’s Ethereum Merge, describing it as a “major overhaul” that could either accelerate crypto adoption or send…
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Leading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil. The company announced that it has signed a memorandum of understanding with a regulated securities brokerage firm in Brazil, with the intention of acquiring it. The company, called Sim;paul Investimentos, offers different investment options to its customers, including various funds and…
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In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “every economic sector.” Binance is looking to diversify its business interests by acquiring company’s outside the scope of cryptocurrency, according to a report from the Financial Times. “We want to…
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Reports indicate that the world’s largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes on the social media platform Twitter. Binance Pledges $200 Million to Forbes Binance has…
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“Media is an essential element to build widespread consumer understanding and education,” Binance CEO CZ said. Binance, the world’s largest cryptocurrency exchange by trading volumes, is making a strategic investment in the 104-year old magazine Forbes to improve consumer understanding of cryptocurrencies and blockchain. Forbes and Magnum Opus Acquisition Limited, a publicly-traded special purpose acquisition…
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Forbes has named 15 crypto business leaders in its latest 30 under 30, with OpenSea co-founder Alex Atallah and Alamada Research co-CEOs Caroline Ellison and Sam Trabucco making the cut. Forbes has named 15 youthful crypto business leaders on the 2022 edition of its 30 under 30 list. Despite its misleading name, the annual Forbes…
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