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The Latest Breaking News from Sam Bankman-Fried

Bitcoin has no future as a payments network - FTX

Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticised the digital currency for its inefficiency and high environmental costs.

Bangkok Post

You Ask, We Analyze: The Bull, Bear Case For Robinhood's Stock

On Thursday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Friday. From the replies Benzinga selected one ticker for technical analysis.

Benzinga

Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’

The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system

Financial Times

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Robinhood Shares Surge On Investment From FTX Founder Sam Bankman-Fried

Robinhood Markets (NASDAQ: HOOD) shares are jumping higher in after-hours trading Thursday.

Benzinga

Bitter feuds and crypto ties: Inside one of the most expensive Democratic primaries

The race in the newly created district has seen party infighting, mysterious ties to cryptocurrency and a complaint to the Federal Election Commission.

WEKU

Did Vitalik Buterin And Sam Bankman-Fried Predict Terra (LUNA) Fiasco?

Ethereum (CRYPTO: ETH) co-creator Vitalik Buterin and FTX CEO Sam Bankman-Fried hinted at the troubles the stablecoin Terra USD (CRYPTO: UST) is facing in light of losing its peg to t

Benzinga

Crypto becomes a political player

Regulation of digital assets is a hot and contentious topic in Washington right now.

Axios

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Tech titans want the richest Californians to pay for pandemic preparedness

SACRAMENTO, Calif. — Gabe Bankman-Fried, a former Wall Street trader, has raised $12 million from a cryptocurrency trading firm founded by his brother, Sam Bankman-Fried. Dustin Moskovitz, a billionaire who roomed with Mark Zuckerberg in college and helped found Facebook in 2004, funds a nonprofit with his wife that has…

Tribune News Service

Why I’m still not taking crypto seriously

It may be the latest political and financial obsession, but cryptocurrencies remain something with no inherent value

Financial Times

Biden heads to Oregon amid controversy over state's new House seat

Biden's trip to Oregon comes as a Washington super PAC's spending in a crowded House primary has made some Democrats angry with Washington.

Roll Call

Dems tangle over Oregon House seat

Democrats should gain a House seat in Oregon — but will Nancy Pelosi and a crypto billionaire decide who wins it?

Salon

A Decentralized Twitter? FTX CEO Sam Bankman-Fried Explains How It Could Happen

Sam Bankman-Fried — the young billionaire chief executive officer of major crypto exchange FTX — shared his thoughts about how a decentralized Twitter Inc. (NYSE: TWTR) could work.

Benzinga

Pelosi PAC blasted for meddling in Oregon primary

A super PAC aligned with Pelosi is dividing a 9-way primary early in the cycle.

Axios

FTX US To Invest In The IEX Stock Exchange

FTX US announced an agreement to make an investment in IEX Group, the first stock exchange to secure regulatory approval to operate with features designed to protect investors, such as the Speed Bump and Signal.

Benzinga

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news in one place.

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Benzinga

'Russian Ethereum' Waves Crashes 23% Amid 'Ponzi Scheme' Allegations

The native token of the Waves (CRYPTO: WAVES) blockchain project fell by more than 23% on Tuesday.

Benzinga

Ahead Of European Expansion, FTX Onboards New Strategy Lead

After announcing its intent to establish a European branch, FTX onboarded Marcel Lötscher as its European Union strategy lead.

Evening Standard

Crypto billionaire Sam Bankman-Fried backs London spreadsheet start-up Causal in $20 million investment round

The richest man in cryptocurrency has backed a London start-up aiming to dethrone Microsoft Excel as the go-to programme for finance departments and quant traders around the world.

Benzinga

Dave Inc Tacks On $100M From FTX To Hone Crypto Initiatives, 'Level The Playing Field'

FTX US’s West Realm Shires Services earlier this week announced a strategic partnership with banking app Dave Inc (NASDAQ:

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news in one place.

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Benzinga

Cryptocurrency Exchange FTX Wins License In Dubai

Cryptocurrency exchange FTX has received a virtual asset license in Dubai, Bloomberg reported. The exchange also has plans to set up a regional headquarters in Dubai. The firm will offer “complex crypto-derivatives products with centralized counterparty clearing to institutional markets,” the report quoted FTX CEO Sam Bankman-Fried. The license comes a week after…

Benzinga

FTX Gives $25 To Each Ukrainian Account Holder; Bitcoin Donations To Ukrainian Army Reach Nearly $1M

Sam Bankman-Fried — the founder of cryptocurrency exchange FTX that enables its users to trade in cryptocurrencies including Bitcoin (CRYPTO: BTC), Et

Benzinga

Why Is Bitcoin Taking A Much Harsher Beating From Russia's Ukraine Invasion Than Stocks?

FTX CEO Sam Bankman-Fried in a Twitter thread on Thursday speculated on why Bitcoin's (CRYPTO: BTC) market price is taking such a harsher beating from the Russia-Ukraine crisis compared to equities.

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