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Binance co-founder Yi He to head its $7.5 billion VC arm

Binance, the world’s largest cryptocurrency exchange, said that its co-founder Yi He will now head …

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FTX has set up a crypto gaming unit to help web3-curious publishers bring NFTs to their games

FTX wallets will allow players to own the digital assets they have earned, and even transfer their …

Hamza Fareed Malik   


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1 min read

Almost all large-scale bitcoin miners in Texas pause activity as state braces for possible rolling blackouts

Bitcoin miners were already under pressure from cratering crypto prices. Now, a heat wave is pushin…

Brian Evans   


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Sam Bankman-Fried shot a MasterClass video about crypto trading months before FTX collapsed, report says

FTX cofounder's video on crypto was not included when the MasterClass "Crypto and the Blockchain" s…

Aaron McDade   


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Bitfront is the latest ailing crypto exchange to shutter following FTX's collapse

Bitfront says its closure is unrelated to "certain exchanges that have been accused of misconduct."…

Morgan Chittum   


Matthew Fox   


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There's a shocking similarity between the downfall of FTX and the implosion of Silicon Valley Bank, Fundstrat says

"The speed of failure of SIVB is stunning and enabled in a digital world, in fact, its collapse mir…

Matthew Fox   


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Lawyers for FTX customers accuse debtors of failing to file full financial disclosures

Eversheds Sutherland lawyers, which are representing the majority of FTX customers, urge debtors to…

Pete Syme   


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7 mins read

The ultimate insider's guide to the dramatic downfall of Sam Bankman-Fried, Caroline Ellison, and FTX

Catch up on the history and latest developments of the FTX scandal and its founder Sam Bankman-Frie…

Sindhu Sundar   


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4 mins read

Sam Bankman-Fried took plenty of blame for FTX's downfall, but denied fraudulent behavior

In one of Sam Bankman-Fried's first public interviews after the FTX crash, he took plenty of blame,…

Dan DeFrancesco   


Pete Syme,Taylor Rains   


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4 mins read

FTX's future went from being in the hands of the young disrupters to grizzled veteran lawyers

FTX prided itself on putting young people in positions of power. Now, it's banking on veteran lawye…

Dan DeFrancesco   


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2 mins read

FTX's trading arm has sued Grayscale in bid to claw back $250 million to repay the crypto exchange's customers

The collapsed exchange has pledged to unlock $9 billion for investors in Grayscale trusts that trac…

George Glover   


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3 mins read

US lawmakers want answers on FTX's collapse. Sam Bankman-Fried may not have them.

The collapse of FTX is now being examined by Congress. Here's what to expect when Sam Bankman-Fried…

Dan DeFrancesco   


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Phil Rosen   


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Sam Bankman-Fried's FTX collapse is a nightmare of shady finances - and these bizarre schemes emerged recently

In one example, FTX execs allegedly hid $8 billion in liabilities in what Bankman-Fried referred to…

Phil Rosen   


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2 mins read

Hamza Fareed Malik   


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4 mins read

Wall Street's trust issues with crypto won't be easily repaired in the wake of the FTX blowup

Wall Street had slowly built up its trust in crypto over the years before FTX's collapse seemingly …

Dan DeFrancesco   


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3 mins read

The unraveling of $3 billion crypto lender BlockFi amid FTX's 'death spiral', according to bankruptcy filings

"FTX's apparent 'rescue,' which began in the summer of 2022, stabilized BlockFi. But that was short…

Morgan Chittum   


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BlackRock's Larry Fink thinks most crypto companies will go out of business in the wake of FTX's collapse

"I actually believe most of the companies are not going to be around," Fink told the New York Times…

George Glover