FTX, the crypto exchange, filed for voluntary Chapter 11 bankruptcy in a Delaware court on Friday, and chief executive Sam Bankman-Fried has resigned. Following the news, here is how prices Read more
Tag: Virtual Currencies/Cryptocurrencies
Bitcoin falls to 2-year low, other cryptos down after market reacts to FTX bankruptcy news
FTX, the crypto exchange, filed for voluntary Chapter 11 bankruptcy in a Delaware court on Friday, and chief executive Sam Bankman-Fried has resigned. Following the news, here is how prices Read more
Scaramucci on FTX: I am ‘very disappointed’ and ‘don’t understand the motivation’
Anthony Scaramucci, founder and managing partner of alternative investment firm SkyBridge, said the firm is working to buy back a 30% stake it sold in September to crypto exchange FTX, Read more
Opinion: Bitcoin owners are bellyaching about its plunge, but the digital currency’s volatility is no more extreme than that of stocks
Some bitcoin owners are complaining about the cruel and unfair twists of fate that have led the cryptocurrency to plunge in recent days. In a five-day period from last weekend Read more
Alameda appeared to have shorted Tether, as the stablecoin briefly fell off peg
Alameda Research, a crypto trading firm affiliated with embattled crypto exchange FTX, appears to have shorted the dollar-pegged stablecoin Tether (USDT) on Thursday, according to blockchain data. However, FTX’s chief Read more
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation”: Coinbase CEO says after FTX downfall
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation.” — Brian Armstrong, Coinbase CEO The U.S. needs 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
Bitcoin prices score reprieve as Sam Bankman-Fried’s FTX faced stunning unraveling
After a surprise announcement that Changpeng Zhao, the chief executive of Binance, had signed a non-binding letter of intent to buy FTX on Tuesday, the firm eventually walked away from 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