Technology
Crypto Wants Its Shine Back
After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust. Source
Zhao, Changpeng
Technology
Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed
The day before the embattled cryptocurrency exchange FTX filed for bankruptcy, Changpeng Zhao, the chief executive of the rival exchange Binance, sent an alarmed text to Sam Bankman-Fried, FTX’s founder. Mr. Zhao was concerned that […]
Technology
The Crypto Industry Struggles for a Way Forward After FTX Collapse
“For us, this is actually a great moment,” said Jeremy Allaire, the chief executive of the crypto payments company Circle. “We’re delivering real value, and the people who focused on building giant speculative trading casinos […]
Technology
The Latest on FTX’s Bankruptcy, BlockFi and More
FTX, one of the world’s largest cryptocurrency exchanges, collapsed with stunning speed this month. A run on deposits left the company owing customers $8 billion, setting off a chain of events that has shaken the […]
Technology
How Sam Bankman-Fried’s FTX Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds. Source
Technology
FTX’s Sam Bankman-Fried Says He Is Trying to Raise More Money
“We are putting together a solution together with FTX to initiate a pathway forward,” Mr. Sun said on Twitter on Wednesday night. He did not respond to a request for comment. Scrutiny of Mr. Bankman-Fried […]
Technology
What Happened to FTX? Here’s What to Know.
When the cryptocurrency market experienced a $2 trillion crash in May, the crypto company FTX offered financial lifelines to several collapsing firms. But this week, FTX needed a bailout, which its rival Binance seemed on […]