Sam Bankman-Fried, CEO of the fast-growing crypto exchange FTX, said that Bitcoin isn’t a suitable payments network. “The Bitcoin network is not a payments network and it is not a scaling network,” h...
Tag: BankmanFried
Bankman-Fried says BTC is not a dependable payments system
FTX CEO Sam Bankman-Fried believes that Bitcoin has no future as means of payment. Bankman-Fried says Bitcoin’s Proof-of-Work network is not suitable for payments. He thinks it is slow and expensive ...
Terra (LUNA) Is a Case of Marketing and Memes Gone Wrong, According to FTX CEO Sam Bankman-Fried
The chief executive of crypto derivatives exchange FTX says that the downfall of Ethereum challenger Terra (LUNA) was due to faulty marketing rather than outright deception. Sam Bankman-Fried says tha...
FTX CEO Sam Bankman-Fried Criticizes Bitcoin as a Payments Network
10 mins ago | 2 mins read Editors News The most popular cryptocurrency uses a lot of energy. The number of machines involved in Bitcoin mining has constantly increased. According to FTX CEO Sam Bankma...
FTX Chief Sam Bankman-Fried thinks Bitcoin Has No Future As A Payments System
Satoshi Nakamoto created Bitcoin (BTC) to serve as a decentralized alternative to the traditional financial system. But FTX CEO Sam Bankman-Fried recently said that he doesn’t see any future for Bitco...
FTX Sam Bankman-Fried Defends Terra’s Founder, Says ‘Most bad Investments Aren’t Ponzi Schemes’
FTX founder Sam Bankman-Fried has tweeted in defense of Terra ecosystem and its CEO and co-founder, Do Kwon. In response to a Coindesk article that described Do Kwon as the Elizabeth Holmes of crypto...
Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock, and crypto trader receives jail sentence for a ponzi scheme: Hodler’s Digest, May 8-14
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
FTX CEO Sam Bankman-Fried: Algorithmic Stablecoins Should Be Called Something Else
The FTX Crypto exchange founder Sam Bankman-Fried has talked about the stablecoins following the massive crash of LUNA and TerraUSD (UST). He highlights that stablecoins can be used to mean multiple ...
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood Markets
On Friday, an SEC filing revealed that FTX CEO Sam Bankman-Fried has taken a 7.6 percent stake in Robinhood Markets, which sent shares of the digital brokerage surging up to 33 percent. Emergent Fidel...
Where Else FTX’s Sam Bankman-Fried Has Dispersed His Crypto Fortune
Cash of Sam Bankman Fried, FTX CEO, is supporting democrats throughout the country who are suffering aggressive prime races. Maybe most considerably for Oregon voters, Sam Bankman-Fried did a charity ...
Crypto exchange CEO Sam Bankman-Fried buys stake in Robinhood
Shares in Robinhood spiked up 26% today after it was revealed that FTX CEO Sam Bankman-Fried had bought a 7.6% stake worth $648 million earlier this month. Robinhood, the stock trading platform that i...
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
Sam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX, has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood. The news was well-received by the ...
It’s Time To Call Algorithmic Stablecoins Something Else, Says FTX Crypto Exchange CEO Sam Bankman-Fried
FTX cryptocurrency exchange founder Sam Bankman-Fried is weighing in on the future of stablecoins after two top cryptos suffered staggering losses this week. Bankman-Fried recently tweeted about how s...
FTX Crypto Exchange CEO Sam Bankman-Fried Purchases Substantial Stake in Trading App Giant Robinhood
The CEO of crypto exchange platform FTX is purchasing a considerable position in Robinhood after the trading giant’s stock hit an all-time low. According to a disclosure filing to the U.S. Securities ...
Sam Bankman-Fried Buys 7.6% Stake in Robinhood
Sam Bankman-Fried, CEO of crypto exchange FTX, has bought a substantial 7.6% stake in stock and crypto trading app Robinhood, according to a filing today with the U.S. Securities and Exchange Commissi...
FTX CEO Sam Bankman-Fried Purchased 7.6% Stake in Robinhood
7 hours ago | 2 mins read Exchange News Since it peaked at $55 soon after the IPO in July, the stock has progressively declined. For Bankman-Fried, investing in Robinhood was an “attractive investmen...
Sam Bankman-Fried Becomes 3rd Biggest Robinhood Stockholder, Share Rises 26%
Sam Bankman-Fried has taken 7.6 percent of stake in Robinhood trading application, as per filing of Securities and Exchange Commission. SBF is the CEO of crypto exchange FTX, invested via an organizat...
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
Sam Bankman-Fried, the billionaire founder and CEO of crypto exchange FTX, has taken a 7.6 percent stake in American online broker Robinhood, a regulatory filing on Thursday unveiled. He purchased Rob...
Robinhood Shares Rally 20% After FTX Founder Sam Bankman-Fried Acquires 7.6% Stake
One of the most prominent names in cryptocurrencies is placing a wager on individual investors. Sam Bankman-Fried, chief executive officer of cryptocurrency exchange FTX, has acquired a 7.6 percent in...
FTX’s Sam Bankman-Fried Acquires a 7.6% Stake in Robinhood
Sam Bankman-Fried (SBF), the CEO of FTX, has recently become one of the largest shareholders in the popular American trading platform, Robinhood, after taking a 7.6% stake in the company. According t...
FTX’s Sam Bankman-Fried Expresses Willingness To Help Elon Musk Fix Twitter Using Blockchain ⋆ ZyCrypto
Advertisement     SBF is willing to help Musk rebuild Twitter if the board accepts the billionaire’s bid for the firm. The FTX CEO had notably proposed a decentralized...
Dogecoin for Tipping Tweeters? FTX Founder Sam Bankman-Fried Outlines Vision for Remaking Twitter on Solana
FTX cryptocurrency exchange founder Sam Bankman-Fried is sharing what could happen if Twitter were to run on the Solana (SOL) blockchain. In a series of tweets, Bankman-Fried tells his 633,800 followe...
FTX founder Sam Bankman-Fried plans to give away almost all of his $24 billion crypto fortune
FTX founder Sam Bankman-Fried is one of the youngest billionaires in the world. At the age of thirty the crypto billionaire now wants to give his fortune away, something he has always intended to do a...
FTX CEO Sam Bankman-Fried Weighs in on Russian Sanction Violations
As the war continued to rage, ruble-denominated Bitcoin values rose sharply. Authorities are now looking for ways to minimize use in dodging financial sanctions. And while the recent activity demonstr...
FTX CEO Sam Bankman-Fried Explains Bitcoin’s Volatility As Fear Grips Global Markets
FTX founder and CEO Sam Bankman-Fried says the recent price volatility of Bitcoin (BTC) is caused by a tug-of-war between two different classes of investors. The billionaire tells his 585,000 Twitter ...
CFTC Wants Larger Role in Crypto Regulation—And Sam Bankman-Fried Agrees
Rostin Behnam, chairman of the Commodities and Futures Trading Commission (CFTC), is pushing for his agency to take a leading role in regulating digital assets. He maintains that his agency is well po...
FTX’s Sam Bankman-Fried explains why NFTs outperformed broader crypto markets
The market for non-fungible tokens kicked off the year on solid footing, bucking the broader market rout that sent ripples across much of US equities and cryptocurrency markets. Blue chip cryptocurre...
Sam Bankman-Fried Says FTX’s Huge Sports Marketing Push Is ‘Clearly’ Working
In 2021, crypto exchanges chose a new marketing battleground: professional sports. Binance, Coinbase, Crypto.com, and FTX all inked multiple sports sponsorship deals—but none of them went in quite as ...
Solana Home To Huge Network Activity As FTX’s Sam Bankman-Fried Expresses Faith In The Blockchain Despite Outages ⋆ ZyCrypto
Advertisement     FTX founder expresses faith in Solana amidst outages. He believes that more work has to be done before the network achieves its true potential. Many ...
Crypto Regulatory Ecosystem Is ‘Balanced on a Knife’s Edge’: Sam Bankman-Fried
Sam Bankman-Fried, CEO of crypto derivatives giant FTX, says the crypto regulatory ecosystem is on a knife’s edge right now. “It’s been really interesting being at the forefront of crypto regulatory t...
Bankman-Fried Believes Regulation Will Attract Enterprises To Crypto Space In Large Numbers
Sam Bankman-Fried, founder and CEO of cryptocurrency exchange, FTX believes the year 2022 will witness a wider adoption of institutional adoption of cryptocurrency given that the proper crypto regulat...