Tag: FTX

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World Economic Forum Believes Crypto Will Remain Key Technology

The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will continue to be “integral parts”…
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Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report

An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid Investigation of Embezzlement and Stock Price Manipulation An executive linked to South Korea’s largest…
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Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing

Two unidentified parties are planning to act as sureties for Sam Bankman-Fried’s bail, and his legal team wants to ensure they stay that way. The legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to redact certain information on individuals acting as sureties for his $250-million bond, citing threats made…
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Solana Up 13% Since Yesterday, A Sign Of Brighter Things to Come?

The touted “Ethereum killer” Solana has been on the down-low since its association with the collapsed exchange FTX. However, it seems as though 2023 has new plans for the struggling ecosystem with its native token SOL up by 13% based on CoinGecko figures, Tuesday. This huge uptick in price led to SOL reclaiming double digits…
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Today in Crypto: Ukrainian Pharmacy Partners with Binance to Offer Crypto Payments, Sushi Shutting Down Two Products

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ukrainian Pharmacy Partners with Binance to Offer Crypto Payments, Sushi Shutting Down Two Products  Read more »Sign up for e-EUR – the progressive stablecoin

New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened

The crypto empire controlled by disgraced FTX founder Sam Bankman-Fried was fragile for years, with cracks starting to show up already in 2022, a new report has suggested. According to the report, published by the Wall Street Journal on New Year’s Eve, Bankman-Fried’s crypto trading firm Alameda Research “never was particularly good at investing.”… Read…
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Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?

Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of the volcano bonds, and also the construction of Bitcoin…
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New year, same old troubles — The FTX saga continues in 2023: Law Decoded, Dec. 26-Jan. 2

Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023. Although having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism…
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Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered from financial troubles as early as 2018. People familiar with the matter said Alameda…
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Today in Crypto: $62M in Crypto Stolen in December, Gaming Giant Square Enix ‘Most Focused’ on Blockchain Entertainment

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: $62M in Crypto Stolen in December, Gaming Giant Square Enix ‘Most Focused’ on Blockchain Entertainment  Read more »Sign up for e-EUR – the progressive stablecoin