It appears that 2020 could be the longest, coldest, and most contagious crypto winter yet. Victims range from everyday traders to billion dollar companies, who find themselves feeling the effects of the current cooldown in the crypto markets. The latest to fall victim to crypto winter is cryptocurrency derivatives exchange FTX, whose fall from grace… Continue reading Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
Category: crypto
FTX co-founder Sam Bankman-Fried is back in the US, released on $250 million bail
Sam Bankman-Fried, the co-founder of crypto derivatives exchange FTX, was recently released from US federal custody on a $250 million bail after having been detained at an immigration detention center in Florida. Bankman-Fried had been in detention since February, when he surrendered to authorities as part of a deal negotiated by his lawyers and Immigrations… Continue reading FTX co-founder Sam Bankman-Fried is back in the US, released on $250 million bail
Binance Tries to Replace FTX’s Efforts in Fronting Crypto Regulation
Recently Bitcoin’s trading volume has soared, reaching an all-time high of $14 billion in June 2021. As a result, one of the leading exchange platforms in the world, Binance, is now taking up the mantle of setting regulatory standards for the entire market, which is something that has traditionally been done by firms such as… Continue reading Binance Tries to Replace FTX’s Efforts in Fronting Crypto Regulation
Foundation raises $7M to return ‘sovereignty’ to a chaotic crypto world
The crypto world was in chaos. Numerous projects were being developed and deployed, often without consideration for the health of the underlying ecosystems. A lack of consistency and direction made it difficult for users to trust any of the platforms, let alone make positive contributions to the development of the projects. The situation was so… Continue reading Foundation raises $7M to return ‘sovereignty’ to a chaotic crypto world
Equity’s 2023 predictions on the future of building, crypto and AI
As technological advancements continue at an unprecedented rate, industry leaders and visionaries have made numerous predictions regarding the future of building, crypto, and AI. In this article, we take a look at what notable venture capitalist firm Equity has foreseen for these three areas in 2023. The firm believes that the future of building will… Continue reading Equity’s 2023 predictions on the future of building, crypto and AI
Sam Bankman-Fried is denied bail in the Bahamas
Sam Bankman-Fried, the CEO of FTX, a popular crypto trading platform, has been denied bail by authorities in the Bahamas. Bankman-Fried, who is an American citizen and a resident of the Bahamas, was arrested in early May following allegations of criminal activity in the crypto trading world. The arrest of Bankman-Fried, which had been anticipated… Continue reading Sam Bankman-Fried is denied bail in the Bahamas
SEC, CFTC and SDNY attorney’s office charge FTX’s Sam Bankman-Fried with defrauding investors
Sam Bankman-Fried, founder and CEO of the cryptocurrency derivatives exchange FTX, is facing stiff legal action for allegedly defrauding investors. On Wednesday, the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Attorney’s Office for the Southern District of New York (SDNY) announced that they had jointly charged… Continue reading SEC, CFTC and SDNY attorney’s office charge FTX’s Sam Bankman-Fried with defrauding investors
Sam Bankman-Fried Agrees to Testify Before Congress
On February 11, 2021, Sam Bankman-Fried announced that he had agreed to testify before Congress. Bankman-Fried is the CEO of crypto trading platform FTX, a virtual asset derivative exchange that facilitates the buying and selling of crypto tokens. Sam Bankman-Fried will be the first executive from a crypto exchange to testify before Congress on the… Continue reading Sam Bankman-Fried Agrees to Testify Before Congress
Sam Bankman-Fried secretly handed $27 million to a major crypto news site and its CEO
In a surprise move, Sam Bankman-Fried, CEO of popular cryptocurrency derivatives trading and software platform FTX, has secretly handed a staggering $27 million to an anonymous crypto news and information site, as well as its Chief Executive Officer. The news was revealed on FTX’s official blog over the weekend, and sparked a great deal of… Continue reading Sam Bankman-Fried secretly handed $27 million to a major crypto news site and its CEO