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ftx

Sovereign funds eye FTX’s $1b stake in AI startup Anthropic

by Isaac Wright
Sovereign funds eye FTX’s b stake in AI startup Anthropic

Investment giants and sovereign wealth funds are showing a keen interest in acquiring FTX’s shares in Anthropic, an artificial intelligence startup rivaling OpenAI. FTX invested $500 million in San Francisco-based …

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“Alameda Gap” in Crypto Market No Longer an Issue, Say Researchers

by Isaac Wright
“Alameda Gap” in Crypto Market No Longer an Issue, Say Researchers

Overcoming the Challenges Post-FTX Collapse Kaiko reports a significant recovery in crypto market liquidity, bridging the “Alameda Gap” created post-FTX collapse. Bitcoin’s recent price surge plays a key role in …

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Slerf Shows the Crypto Crowd’s Standards Are Lower Than Ever

by Ron Morgan
Slerf Shows the Crypto Crowd’s Standards Are Lower Than Ever

While multi-billion dollar disasters like FTX would lead a reasonable person to believe that the cryptocurrency industry is dead or dying, the unfortunate truth is that it’s doing just fine. …

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Crypto Fraudster Sam Bankman-Fried Should Be Locked Up For Upto 50 Years, Prosecutors Say ⋆ ZyCrypto

by Isaac Wright
Crypto Fraudster Sam Bankman-Fried Should Be Locked Up For Upto 50 Years, Prosecutors Say ⋆ ZyCrypto

Advertisement &nbsp &nbsp United States prosecutors want Sam Bankman-Fried, the disgraced founder of the bankrupt FTX exchange and convicted fraudster, to spend up to 50 years in prison. This …

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Opinion | Bitcoin’s problems remain despite its remarkable staying power

by Anas Siddiqui
Opinion | Bitcoin’s problems remain despite its remarkable staying power

Nearly half these gains have occurred since the beginning of this year. On January 10, the United States Securities and Exchange Commission (SEC) provided a major fillip to cryptoland by …

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Crypto exchange Gemini planned public debute via Genesis merger, court documents show

by Isaac Wright
Crypto exchange Gemini planned public debute via Genesis merger, court documents show

Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase and FTX. In October 2022, just a month before FTX filed for …

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FBI reports 53% rise in crypto crime, losses near $4 billion

by Isaac Wright
FBI reports 53% rise in crypto crime, losses near  billion

The Federal Bureau of Investigation’s (FBI) 2023 Internet Crime Report sheds light on an alarming surge in cryptocurrency-related investment fraud. According to the report, crypto scams accounted for 86% of …

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Bitcoin Price Tops $67,000—Could Hit All-Time High This Week

by Sam Bailey
Bitcoin Price Tops ,000—Could Hit All-Time High This Week

Topline Bitcoin is nearing its all-time high price, breaking $65,000 for the first time since 2021 on Monday. This puts bitcoin on the verge of completing its remarkable comeback. Bitcoin …

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Sam Bankman-Fried extorted, harassed by jailhouse snitches working for the feds: ex-cop

by Edgar Davis
Sam Bankman-Fried extorted, harassed by jailhouse snitches working for the feds: ex-cop

Inmates at a notorious Brooklyn jail housing Sam Bankman-Fried are secretly working with the feds to “extort” and “harass” the disgraced FTX mogul, according to a former New York City …

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Winklevoss twins’ Gemini to return $1.1B to customers caught in ‘Earn’ fiasco

by Edgar Davis
Winklevoss twins’ Gemini to return .1B to customers caught in ‘Earn’ fiasco

The Winklevoss twins’ cryptocurrency firm Gemini has agreed to return at least $1.1 billion to customers of its doomed “Earn” lending program – and pay a $37 million fine for …

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