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” FTX hacker is now the 35th largest holder of ETH “ The hacker that exploited the now-bankrupt FTX exchange last week made a tidy fortune that has propelled them to Ether (ETH) whale status. Just a day after the embattled FTX exchange filed for Chapter 11 bankruptcy, its wallets were drained for more than…
” FTX Australia’s license suspended as 30K Aussies left in the lurch “ Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian companies get their funds back from FTX. The announcement was made by the Australian Securities and Investments…
” Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX “ The co-founder of asset management firm Paradigm says they feel “deep regret” for having invested in FTX amid recent revelations involving FTX, Alameda Research, and Sam Bankman-Fried. In a Twitter post on Nov. 15, Matt Huang, co-founder and managing partner of Paradigm said…
” Crypto stablecoin issuer Circle adds Apple Pay support “ Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer together. Circle made the announcement in a Nov. 15 blog post suggesting it may…
” FTX bankruptcy freezes millions worth of crypto company funds “ The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry with multiple crypto-focused companies reporting significant amounts of their capital stuck on FTX. Between Nov. 11 to 14 three crypto companies announced large losses with one of them…
” Will SBF face consequences for mismanaging FTX? Don’t count on it “ Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds? After most of the entities tied to his cryptocurrency exchange became insolvent last week, blockchain analysts concluded the insolvencies came as a partial result of the exchange’s…
“Michael Lewis eyes FTX’s Sam Bankman-Fried as subject of next book” Michael Lewis, the best-selling author of “The Big Short” and “Moneyball,” plans to spill the drama behind the downfall of Sam Bankman-Fried. Lewis — whose books were turned into blockbuster films — has been “traveling with and interviewing” Bankman-Fried for six months, and was planning to…
“Dems’ voter-suppression oops, private sector to the moon and other commentary” Liberal: Dems’ Voter-Suppression Oops “Democrats have been consumed by panic about voter suppression,” but, as election results and academic research show, voter-ID laws “have no significant impact on turnout” — though measures like early voting don’t “inherently tip the scales to Democrats” either, explains…
” SBF winds down mystifying Twitter thread that said little over many hours “ Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, has concluded a Twitter thread he started Nov. 14. In approximately 40 hours, he spelled out “What HAPPENED” across nine tweets and then concluded with five tweets of text. The unusual…
“FTX founder Sam Bankman-Fried triggered downfall by badmouthing crypto rival: sources” Three weeks before the implosion of FTX, its disgraced founder Sam Bankman-Fried bad-mouthed a rival crypto mogul at an investor conference in Saudi Arabia — an indiscretion that sources say may have triggered his downfall, The Post has learned. The 30-year-old Bankman-Fried — whose…