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Tag: bitcoin

Posted on 20/11/2022

How Caroline Ellison Found Herself at the Center of the FTX Crypto Collapse

Alameda and crypto exchange FTX were both the brainchild of Sam Bankman-Fried, and he picked her to help lead Alameda. For a time, they rode the crypto wave together. This month, it all came crashing ...

Posted on 20/11/2022

Japan PM Kishida sacks scandal-hit internal affairs minister

Terada's departure is a fresh blow to Kishida as he became the third Cabinet minister to go in under one month. Two other ministers left their posts as the result of a gaffe or close ties to the ...

Posted on 20/11/2022

Ethereum Co-Founder Warns Against Singapore’s Crypto Regulations

Singapore’s ambition to become a hub for digital assets might not work out because of its skeptical approach toward cryptocurrencies, Vitalik Buterin, co-founder of the Ethereum blockchain platform, said.

Posted on 20/11/2022

Here’s who’s been trading crypto, and how they’re doing

A new study finds that most people who entered the cryptocurrency market have lost money -- and that those people are young men.

Posted on 20/11/2022

Crypto’s FTX placed a big bet on the Democrats

Founder Sam Bankman-Fried was the party's biggest donor behind George Soros.

Posted on 20/11/2022

Investor Studied Crypto For Years, Then Missed FTX’s Red Flags

When Sam Bankman-Fried was all of 25 years old, he pitched his nascent crypto investment business to Silicon Valley investors -- only for them to laugh at him and his acolytes over their lack of ...

Posted on 20/11/2022

How Did SBF Convince West Africans Crypto Was Their Future?

Rather than Tom Brady and Larry David, several famous Nollywood actresses and local influencers appeared in a commercial filmed by FTX Africa; instead of giving $500 in crypto to fans at a Miami Heat game in the venue now formerly known as FTX Arena,

Posted on 20/11/2022

Binance has a plan to save crypto—if it’s not too late

We cannot let a few bad actors sully the reputation of this industry when it’s still in its infancy,” CZ wrote. In the past week, many other crypto exchanges have followed suit. Bitfinex, Crypto.com,

Posted on 20/11/2022

Japan’s social publishing platform Note files for IPO

Tokyo-based Note, the Japanese startup behind a social publishing platform under the same name, announced on Friday that its initial listing application on the Tokyo Stock Exchange had been ...

Posted on 19/11/2022

New FTX chief says crypto group will pursue reorganisation or sale

Collapsed crypto exchange FTX will attempt to sell or reorganise its businesses, its new chief executive said on Saturday as the company prepared to appear before a US bankruptcy court. “Based on our review over the past week,

Posted on 19/11/2022

The crypto meltdown, explained

November 2022 is a month that investors, particularly in cryptocurrencies, will never forget. And the worst may be yet to come.

Posted on 19/11/2022

A bit more fear, uncertainty and doubt about crypto is welcome

Beyond those directly affected, this explosion in crypto hubris certainly appears to have done no harm. The generally upbeat tone in stock markets suggests that fund managers in other asset classes are distinctly unruffled.

Posted on 19/11/2022

Your questions about FTX’s meltdown and crypto’s bad year, answered

The FTX bankruptcy is a "wake up call" for crypto. Here's what to know about the exchange's downfall, and other crypto drama this year.

Posted on 19/11/2022

Crypto Traders in US Surged 149% to 2.3 Million as Pandemic Hit

Roughly 2.3 million US taxpayers told the Internal Revenue Service they traded cryptocurrencies in 2020, data from the agency show.

Posted on 19/11/2022

Tom Brady & Gisele Bündchen Have Been Sued for Defrauding Crypto Investors—Everything We Know About the FTX Collapse

If you know nothing about crypto but watched 2022’s Superbowl commercials, you might be familiar with at least the letters FTX. The company hired Curb Your Enthusiasm’s Larry David to pitch crypto to potential investors as a sort of anti-spokesperson ...

Posted on 19/11/2022

Bitcoin, Ethereum Prices Keep Slumping Amid FTX Fallout. What’s Next for the Crypto Market

For more information, see How We Make Money. Crypto was starting to catch a break — until it wasn’t. One of the largest and fastest growing crypto exchanges collapsed last week, and it’s brought crypto prices down with it, which had been recovering ...

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