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The Latest Breaking News from Crypto

Sam Bankman-Fried was hailed as a crypto wonder child. What happened?

Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX

The Guardian - US

Web3 is in FTX's blast radius

The collapse of a major crypto trading platform will spread mistrust more broadly across blockchain-based projects.

Axios

China circles El Salvador’s economy as country edges toward crypto plunge

President Nayib Bukele bet on bitcoin and its tumbling value has put the Central American country in a financially precarious spot

The Guardian - US

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Crypto exchange FTX expects to have more than 1m creditors

Bankruptcy filing says ‘questions arose’ about founder Sam Bankman-Fried’s leadership

The Guardian - UK

Allow Me, A Bimbo Who Can’t Count, To Explain How A Crypto Dweeb Lost $24 Billion In Days

Because tea from the crypto world isn't just for nerds.

Pedestrian.tv

Bitcoin, Ethereum, Dogecoin Surge On CZ's 'Recovery Fund' Optimism: False Rally Or True Comeback?

Major coins surged on Monday, with the overall cryptocurrency market capitalization rising nearly 4.5% to $843.35 billion.

Benzinga

AFL stands by Crypto.com partnership amid fears of a cryptocurrency meltdown

League says no change to deal with Singapore-based exchange, as market is rocked by FTX collapse

The Guardian - AU

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Sam Bankman-Fried realizes that his Twitter war with rival CZ could have been what killed FTX: 'Not a good strategic move on my part'

After the implosion of his multi-billion dollar business, Bankman-Fried said he's chilling out playing video games.

Fortune

Is the collapse of Bankman-Fried's FTX crypto empire the end of Effective Altruism?

The one-time billionaire was closely associated with Effective Altruism. Now some fear for the movement's future.

Fortune

Fed's top financial regulator urges 'guardrails' for crypto

The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies

The Independent UK

The writing was on the wall for the FTX and crypto collapse, a top DC financial reform advocate says

The writing was on the wall for the FTX and crypto sector crash.

Fortune

If You Invested $1,000 In Bitcoin 1 Year Ago, Here's How Much You'd Have Now

Leading cryptocurrency Bitcoin (CRYPTO: BTC) had a breakout year in 2021, hitting all-time highs. Recent events have sent the entire cryptocurrency market down. Here’s a look at how an investment one year ago would be doing now.

Benzinga

Binance’s CZ says he never shorted FTX’s crypto token—and the decision to stop selling it was ‘very expensive’

Binance has emerged as one of the biggest winners from the FTX collapse, but its CEO says he didn’t short his rival.

Fortune

The rise and fall of FTX and Sam Bankman-Fried: The 30-year-old who built a $30 billion empire in 3 years—and burned it down in 48 hours

The demise of the founder, who was seen as a benevolent and stabilizing force in crypto, has left his supporters and enemies with unanswered questions.

Fortune

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Benzinga

Blockworks' Digital Assets Summit Showcases Crypto Solutions To Real-World Problems In Banking And Money Flow

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing.

WEKU

Have you invested in crypto on FTX or other platforms? We want to hear from you

A prominent cryptocurrency trading platform, FTX, has collapsed cutting off investors from their holdings. If you've invested in crypto, NPR wants to hear your story.

Benzinga

'Dogecoin Killer' Shiba Inu Steadies After Increasing Volatility: A Look At The Trading Patterns

Shiba Inu (CRYPTO: SHIB) suffered some volatility during Monday’s 24-hour trading session, whipsawing up and down between $0.00000854 and $0.0000094.

Benzinga

Why This Short Seller Is Doubling Down Against Cryptocurrency, Says 'US Government Should Be Embarrassed' About FTX Debacle

Activist investor and short seller Citron Research made headlines in 2021 for attacking stocks like GameStop Corporation (NYSE: GME) and other popular companies with the retail investment crowd.

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news in one place.

100's of premium titles.
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The Guardian - UK

Failure of FTX crypto exchange will have huge implications, MPs hear

‘Hard to imagine sector bouncing back quickly from this ordeal,’ committee is told

Fortune

Former FTX CEO Sam Bankman-Fried is sending one-letter tweets

The 30-year-old FTX founder published a mysterious tweet thread over the weekend and added to it on Monday as he’s roasted by Crypto Twitter.

Benzinga

Accumulation Or Distribution? Decision Time For Bitcoin After FTX Fall Out, Binance Industry Offer

Bitcoin (CRYPTO: BTC) jumped almost 6% at one point during Monday’s 24-hour trading session before selling off to trade mostly flat by midafternoon.

Fortune

‘We’ll prove them all wrong.’ Crypto backers defend sector in the wake of FTX crash

Cryptocurrency could survive the current downturn, but even industry backers say regulators need to step in.

The Guardian - US

Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale

Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto exchange filed for bankruptcy

The Independent UK

Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure

Benzinga

SoftBank Can't Catch A Break: Fund Invested $100M In FTX

Japanese conglomerate holding company SoftBank is positioned to take a big hit from its investments in bankrupt cryptocurrency exchange FTX. The FTX losses are just the latest in a long string of disastrous investments for SoftBank in recent years that have resulted in billions of dollars of losses.

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