The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix a "liquidity crunch." ...
Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day
The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.
Japan’s carbon emissions management platform expands into Singapore
Japanese ClimateTech startup Asuene announced on Monday that ... announced on Wednesday that its IPO application to list on the Tokyo Stock Exchange had been approved. The company will be listed on ...
Bitcoin briefly drops to a new low for the year, FTX token loses more than 75% in broad crypto sell-off
The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix the latest "liquidity crunch." ...
Crypto Crash Intensifies Amid Downfall Of Industry’s ‘White Knight’ Bankman-Fried
Bitcoin fell 11% Tuesday to just over $18,000, its lowest price since November 2020, as investors reacted to liquidity issues at the one-time stalwart exchange FTX.
Proposed tie-up sends shockwaves through crypto markets
In an unexpected twist, the cryptocurrency exchange Binance said it is buying its smaller rival FTX after the firm faced a liquidity crisis that rattled digital assets and sparked contagion fears.
Crypto’s Biggest Day Ever Is Far From Its Best
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today’s edition, Emily Nicolle recaps an incredible day in crypto: ...
Ahead Of His Crypto Firm’s Cash Crunch, Billionaire Sam Bankman-Fried Spent Tens Of Millions On Politics
The crypto billionaire and two of his deputies poured nearly $69 million into the 2022 midterm elections. That money may have been better spent shoring up his cryptocurrency exchange, which is now ...
Crypto billionaire Sam Bankman-Fried’s net worth could shrink by over $13 billion
CEO of crypto exchange FTX Sam Bankman-Fried announced he will sell his company to rival crypto exchange Binance.
Sam Bankman-Fried was the face of crypto in D.C. What would FTX’s acquisition mean for regulation?
As lawmakers in D.C. have debated legislation to regulate the crypto industry, they have turned to Sam Bankman-Fried, the 30-year-old founder of FTX known for an unruly mop of hair and a willingness ...
Japan’s current account surplus shrinks to $6.2 bil. in Sept.
Japan's current account surplus fell to 909.3 billion yen ($6.2 billion) in September, the Finance Ministry said Wednesday.
Crypto Is in Big Trouble Again
Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.
Crypto Shaken and Threatened By the Clash Between Two Billionaires
Their respective fortunes are linked to their investments in the young crypto industry that wants to completely disrupt the financial services sector. Bankman-Fried is worth $15.6 billion as of Nov. 7 ...
FTX Crypto Bros’ Clashing Politics Meet CZ Chaos on Election Day
Sam Bankman-Fried and Ryan Salame spent more than almost anyone else on the US midterms. On the day of the vote, Binance bought FTX amid a liquidity crunch.
Five spectacular reasons to go to TC Sessions: Crypto
Take a look at these five spectacular reasons why you should go to TC Sessions: Crypto on November 17 in Miami. Buckle up…it’s gonna be great!
Crypto exchange FTX saw $6 bln in withdrawals in 72 hours -CEO message to staff
Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message to staff sent by its CEO Sam Bankman-Fried that was seen by Reuters.