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Just 8% of Americans have a positive view of crypto: CNBC survey
8.12.2022
CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX
Senate Committee to Subpoena FTX's Sam Bankman-Fried If He Does Not Testify Voluntarily
8.12.2022
The Senate Banking Committee is "prepared" to subpoena FTX founder Sam Bankman-Fried if he does not voluntarily appear at a committee hearing about the collapse of FTX, its leaders said Wednesday
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’
8.12.2022
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trading platform “won’t be the last of these crypto exchanges to...
First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
8.12.2022
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much
A Look Inside Alameda – Sam Bankman-Fried’s Fallen Crypto Hedge Fund Investments Revealed Here
7.12.2022
The venture capital arm of Sam Bankman-Fried’s crypto trading firm Alameda Research had illiquid investments worth more than $5.4bn spread across nearly 500 companies, newly published documents have revealed.
The venture investments controlled by Bankman-Fried appears to have covered everything...
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
7.12.2022
Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds
Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal
7.12.2022
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Singer Taylor Swift Was Allegedly Courted...
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
7.12.2022
Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX
Data Lake: DeSci the Future of Crypto after the FTX Fiasco?
7.12.2022
It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the debacle was made public, several other dominoes have started to fall including the announcement that BlockFi has filed for bankruptcy. Before all of this there was the LUNA/Terra implosion, and...
US Sen. Cynthia Lummis: Ether Is Now a Security; My Bill Might Have Stopped FTX
7.12.2022
The Wyoming Republican says the second-largest cryptocurrency was transformed by the Ethereum Merge
Former Federal Prosecutor: Sam Bankman-Fried Should Be ‘Very Concerned About Prison Time’
7.12.2022
FTX founder and former CEO Sam Bankman-Fried should be “very concerned about prison time” after the collapse of his crypto empire, a former US federal prosecutor has said.
Speaking in an interview with CNBC, Renato Mariotti, a former federal prosecutor and attorney who has represented clients...
Security in crypto comes from liquidity or the lessons we learned after FTX
7.12.2022
Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions
Was the fall of FTX really crypto’s ‘Lehman moment?’
7.12.2022
Lehman Brothers’ 2008 collapse nearly brought the world financial system to its knees. Does FTX really compare? Are such analogies even useful?
Institutional investors still eye crypto despite the FTX collapse
7.12.2022
Data sent by crypto exchange Bitstamp shows that institutional registrations in the trading platform increased by 57% in November
Crypto Security: iPhone and iPod Co-Creator Designs New Hardware Wallet for Ledger
7.12.2022
Hardware cryptocurrency wallet developer Ledger has revealed that Tony Fadell, creator of Apple’s iPod, is the mastermind behind its new hardware wallet Ledger Stax.
In a Tuesday blog post, the company announced that the iconic iPod and iPhone co-creator Tony Fadell is the inventor and mastermind...
DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
7.12.2022
The plan will see Mercurial launch its popular products as a separate project under the name Meteora
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’
7.12.2022
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters...
Report: FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell
7.12.2022
On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spokesperson further explained that the FTX co-founder is being consulted by a professor at Stanford...
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready
7.12.2022
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will testify when he has finished “learning...
Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’
7.12.2022
The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “accounting error.” He stressed: “It’s stolen customer money used in his hedge...