Cryptocurrency is a mess right now. And rightly so. I wrote about buying bitcoin for MarketWatch in 2013 when it was trading for $100, but I’ve spent the past year or Read more
Tag: crypto
What FTX account holders can expect from the crypto exchange’s Chapter 11 bankruptcy
FTX, the unraveling cryptocurrency exchange, has plummeted from its high-profile perch into bankruptcy court. On Friday morning, FTX and related entities including Alameda Research, the affiliated crypto trading firm, filed Read more
Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and ‘questions about legitimacy’ and why you need to understand the FTX debacle even if you have no investments in crypto
Hi, MarketWatchers. Don’t miss these top stories. Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and ‘questions about legitimacy’ Bankman-Fried has said his goal is to make as much Read more
You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a Read more
Softbank discloses $100 million investment in FTX but mostly avoids crypto bets
SoftBank on Friday disclosed a $100 million venture capital investment in crypto broker FTX and said it would not face a material markdown in the value of it stake in Read more
Crypto lender BlockFi pauses withdrawals in wake of FTX’s collapse
Crypto lending platform BlockFi announced it was halting withdrawals Thursday night in the wake of the collapse of crypto exchange FTX. “We are shocked and dismayed by the news regarding Read more
Crypto lender BlockFi pauses withdrawals in wake of FTX’s collapse
Crypto lending platform BlockFi announced it was halting withdrawals Thursday night in the wake of the collapse of crypto exchange FTX. “We are shocked and dismayed by the news regarding Read more
FTX’s fall explained: ‘This is the worst’ moment for crypto this year.
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It has been an historic week for Read more
Who is Sam Bankman-Fried, the FTX CEO who lost billions in crypto?
Sam Bankman-Fried, or SBF as he’s known, is in the news because of the liquidity crisis his FTX crypto exchange is facing and the billions of dollars he’s suddenly lost. Read more
The $26 billion rise and fall of FTX crypto king Sam Bankman-Fried
Just six months ago, CEOs, celebs and world leaders like Bill Clinton and Tony Blair flocked to him, gathering at a Davos-like conference he hosted in the Bahamas where he Read more