FTX collapse: Elon Musk tackles Silicon Valley powerhouse
The collapse, within a few days, of the FTX cryptocurrency exchange is a financial fiasco that has not yet revealed all its consequences, collateral damages and liabilities. FTX is a…
Bankman-Fried received a $1 billion personal loan from his company
Sam Bankman-Fried, the founder of the FTX exchange and Alameda Research, a cryptocurrency trading platform, seems to have confused the bank and his companies. Bankman-Fried received a $1 billion personal…
Fallen FTX reveals the top lenders on Friday
Insolvent cryptocurrency exchange FTX may have up to one million investors seeking to recoup their losses. The Bahamas-based brokerage filed for bankruptcy after facing a huge amount liquidity problems when…
Matt Damon Crypto.com coin is in free fall
Days after the FTX debacle, all eyes are on rival Crypto.com. Investors worried about the scale of the fallout caused by this shock are wondering if there are other corpses…
Solana cryptocurrency collapses in FTX scandal
Solana, until recently considered one of the cryptocurrencies with a promising future, is in the process of complete collapse. The token has lost 61.6% of its value in the past…
FTX’s bankruptcy is ‘someone running a company that’s just stupid as ___ greedy,’ says Mark Cuban
Billionaire Dallas Maverick owner Mark Cuban recently offered his perspective on the implosion of crypto platform FTX later this week. ““This is someone running a company that’s just dumb as…
Robinhood collapses after Savior struggles
Sam Bankman-Fried bought a 7.6% stake in May in Robinhood, a brokerage designed to attract millennial investors looking to invest in cryptocurrencies. But Bankman-Fried, the founder of FTX, a popular…
BlackRock jumps into Bitcoin with new tie-up with Coinbase – TechCrunch
After years of resistance, the world’s largest asset manager has finally dived into crypto in a major way. BlackRock, which controls $10 trillion in assets, has partnered with publicly traded…