Search

Nalezeno "Bloomberg": 675

Caroline Ellison, Gary Wang, and Nishad Singh Might Not be Jailed, Bankman-Fried Faces Decades in Prison: Bloomberg

3.11.2023
Three former close friends and colleagues of FTX co-founder Sam Bankman-Fried have testified against him, potentially leading to minimal jail time for themselves. Caroline Ellison, CEO of Alameda Research, Gary Wang, co-founder of FTX, and Nishad Singh, FTX engineering chief, were key witnesses...

Bitcoin ETFs may be headed for one epic Gensler ‘rugpull,’ say analysts

31.10.2023
While unlikely, Bloomberg’s ETF analysts conceded that there’s always a possibility that SEC Chair Gary Gensler could be waiting until the last moment to deny the flurry of pending spot Bitcoin ETF applications

Trading Slump Wiped $12 Billion From Binance Founder’s Fortune, Bloomberg Says

29.10.2023
Binance founder and CEO Changpeng Zhao (CZ) has reportedly lost nearly $12 billion from his wealth amid declining crypto trading volumes this year. According to Bloomberg’s estimates, the world’s largest trading platform for digital assets has seen a 38% decrease in revenues. Bloomberg Estimates...

Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

27.10.2023
Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion

Changpeng Zhao’s Net Worth Plummets by 82% Amid Binance Regulatory Turmoil

27.10.2023
The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes. The Bloomberg Billionaire Index Index released on Oct 26, shows the net worth of Zhao cut by $11.9 billion, a massive decline from his $96.9 billion...

Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0

27.10.2023
Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion

FTX’s Next Move: Three Bidders in the Running for Relaunch

26.10.2023
Bankrupt crypto exchange FTX’s new management is evaluating proposals from three potential bidders to revive its trading platform, according to a Bloomberg report. The final decision on how to proceed is expected by mid-December, as stated by Kevin M. Cofsky, an investment banker from Perella...

JPMorgan Handles $1B Transactions Daily In Digital Token JPM Coin: Bloomberg

26.10.2023
JPMorgan has plans to widen the coin's usage the bank's head of payments Takis Georgakopoulos said in an interview

JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements

26.10.2023
JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed. Georgakopoulos revealed in an interview on Bloomberg Television that JPM Coin is currently transacted daily, primarily in...

BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst

23.10.2023
Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval

Tether to publish reserve reports in real time in 2024: Bloomberg

20.10.2023
Paolo Ardoino, Tether’s chief technical officer and upcoming CEO, said the firm plans to start publishing reserve data in real-time in 2024, according to a report

Economists Warn Direct Iran-Israel War Could Trigger Global Recession

20.10.2023
Bloomberg’s economists have warned that a direct war between Iran and Israel could trigger a global recession. “Soaring oil prices and plunging risk assets would deal a substantial blow to growth, and take inflation a notch higher,” they said. “The wider the conflict spreads, the more...

Hong Kong-Based Crypto Exchange OSL's Owner Weighing Sale at $128M Valuation: Bloomberg

16.10.2023
BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter

New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried

15.10.2023
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debut. It promises a deep dive into the staggering...

Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms

10.10.2023
Binance CEO Changpeng Zhao's plan to rescue the cryptocurrency market has fallen short of expectations eleven months after launch. Since the launch of the Industry Recovery Initiative (IRI), the company has only spent less than $15 million out of an announced $1 billion fund, Bloomberg wrote. ...

12 people will decide the fate of former FTX CEO Sam Bankman-Fried

5.10.2023
45 prospective jurors were narrowed down to 12 after they were asked to discuss their background, employment, education, partners, children and their age

US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst

28.9.2023
Ethereum (ETH) futures exchange-traded funds (ETFs) is likely to rollout next week, ahead of the potential US Government shutdown, Bloomberg analysts note. James Seyffart, Bloomberg intelligence analyst noted that the US Securities and Exchange Commission (SEC) would “let a bunch Ethereum futures...