FTX

Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
June 21, 2022  |  Cryptocurrency

The richest of crypto’s billionaires, Sam Bankman-Fried, is riding to crypto’s rescue, bailing out two teetering firms to the tune of nearly $750 million dollars....

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Crypto Lender BlockFi Secures $250M Credit Line From FTX
Crypto Lender BlockFi Secures $250M Credit Line From FTX
June 21, 2022  |  Cryptocurrency

Cryptocurrency lending startup BlockFi secured a $250 million credit line with cryptocurrency exchange FTX to bolster its balance sheet and provide long-term stability. BlockFi CEO...

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Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave
Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave
June 19, 2022  |  Cryptocurrency

Babel Finance has suspended its withdrawals and redemptions, a company notice said. This comes as it notes that the crypto has seen “major fluctuations” and...

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Bankman-Fried Bails Out Crypto Broker Voyager and Blames Fed for Downturn
Bankman-Fried Bails Out Crypto Broker Voyager and Blames Fed for Downturn
June 19, 2022  |  Cryptocurrency

Voyager Digital, the crypto broker, has reportedly gotten loans from Alameda Research, which is a trading outfit formed by FTX founder Sam Bankman-Fried, a Bloomberg...

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Super Bowl Curse Comes for Crypto as Layoffs Mount
Super Bowl Curse Comes for Crypto as Layoffs Mount
June 14, 2022  |  Cryptocurrency

The NFL’s 2000 championship game was named the “Dot-Com Super Bowl” when some 20 of its hugely expensive ads were bought up by tech companies...

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Today in Crypto: Cryptocurrency Leaders Predict M&A Surge; Mercado Bitcoin Allows USD Coin Trading on Stellar Network
Today in Crypto: Cryptocurrency Leaders Predict M&A Surge; Mercado Bitcoin Allows USD Coin Trading on...
May 31, 2022  |  Cryptocurrency

Two big players in the cryptocurrency space are doing what lots of businesses do when organic growth slows — hunting for smaller firms to buy,...

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Today in Crypto: US House Eyes Probe of Cawthorn’s Crypto Dealings; Investors Take $10B Out of Tether
Today in Crypto: US House Eyes Probe of Cawthorn’s Crypto Dealings; Investors Take $10B Out...
May 23, 2022  |  Cryptocurrency

U.S. Rep. Madison Cawthorn, who recently lost his primary to represent western North Carolina again, is now under investigation for crypto-related matter, a press release...

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Sam Bankman-Fried’s FTX Aims to Become the ‘Everything App’
Sam Bankman-Fried’s FTX Aims to Become the ‘Everything App’
May 19, 2022  |  Cryptocurrency

FTX, the second-largest cryptocurrency exchange, is looking to expand “across all asset classes” as it launches a stock trading feature that will accept payments in...

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FTX Founder Says Bitcoin Fails as Payments Network
FTX Founder Says Bitcoin Fails as Payments Network
May 16, 2022  |  Cryptocurrency

Bitcoin’s future as a payments network is weak due to its inefficiency, high environmental impact and lack of ability to scale, CEO and founder of...

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