An excerpt from the book Number Go Up details an April 2022 FTX conference in the Bahamas, where writer Michael Lewis lavished Sam Bankman-Fried with praise
Three years ago, nobody knew who you were. And now you're sitting on the cover of magazines. And you're a gazillionaire.
Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe, and Gemini suspend business operations with Silvergate, which reported being “less than well-capitalized”
Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets and Gemini said they will suspend business with the bank.
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
Nikhilesh De / CoinDesk :
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request. — Crypto exchange FTX was not required …
FTX claims it has been hacked, and instructs users not to install new upgrades or go to FTX.com and to delete FTX apps, after $600M+ in crypto left FTX wallets
FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.
Sources: the Biden administration is considering an EO on cryptocurrencies to set up a government-wide approach to the asset class
The Biden administration is weighing an executive order on cryptocurrencies as part of an effort to set up a government-wide approach to the white-hot asset class …
A deep dive on Tether, which issued 48B coins this year, as regulators struggle to understand its cash reserves, organizational structure, and other details
something money-market funds avoid.” By @ZekeFaux https://www.bloomberg.com/... Daniel Viola / @dannyviola : Great investigation into the likely Ponzi scheme that is Tether: http...
Investigation into Tether, which issued 48B coins this year, as regulators struggle to understand its cash reserves, organizational structure, and other details
A wild search for the U.S. dollars supposedly backing the stablecoin at the center of the global cryptocurrency trade …
Clubhouse courted fresh controversy after a conversation with hundreds of listeners devolved into a platform for anti-Semitic comments on a Jewish holy day
Controversial private social app Clubhouse was again the target of criticism on Monday, after a conversation with hundreds … Tweets: @sm , @gartenberg , @saschasegan , @nicoleperlr...