Binance CEO Changpeng Zhao says he will be loosening up his “policy to not comment on competitors (we call industry peers) publicly” following the collapse of FTX. “Going forwa...
Tag: people
Sen. Pat Toomey slams Congress’s failure to produce crypto regulation in good time
Sen. Pat Toomey criticized the the slow process of passing U.S. crypto trading regulations. Hostility and a lack of transparency by the SEC, alongside a failure to pass regulatory guardrails, ha...
‘Power To The People’ — Could Elon Musk Add Dogecoin, Shiba Inu, Or Big Eyes Coin To Twitter?
Well, he’s done it. Elon Musk has officially bought Twitter. And with it, he’s already introduced a new host of features. The Tesla CEO has started a brand new blue tick verification $7.99 subscriptio...
Buterin breaks silence on FTX debacle, says ‘fraud cuts deeper’
Ethereum founder Vitalik Buterin made his first direct comments on FTX’s spectacular collapse late Friday, accusing former FTX CEO Sam Bankman-Fried of “virtue signaling.” Unli...
PEOPLE, DYDX, CHSB, ANT, BNX Hang on, Crypto Market is Bearish
BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 4 to Nov. 11. These digital assets have taken the crypto news and crypto market spotlight: ...
The Block: FTX Ventures Head Amy Wu Resigns: The Information
FTX Ventures Head Amy Wu has resigned, The Information reported, citing the executive. Wu joined in January to launch what was expected to have been a $2 billion fund. She was an early advocate ...
Bankman-Fried’s really, really sorry ‘again’ following bankruptcy filing
Sam Bankman-Fried, the founder and former CEO of the FTX crypto exchange that filed for Chapter 11 bankruptcy protection today, said he was “really sorry, again, that we ended up here.” &#...
Bitcoin, ether drop as FTX’s bankruptcy filing spooks crypto markets
Crypto prices sank on the news that FTX and more than 100 corporate entities affiliated with the firm are filing for bankruptcy. Bitcoin dropped 5.2% at $16,551, while ether crashed 6.5% to $1,...
FTX’s head of institutional sales resigns, says team was ‘completely in the dark’ about insolvency
Zane Tackett, head of institutional sales at FTX, sent a letter to clients stating that his team was “completely in the dark” about the firm’s potential insolvency over the course of this week. ...
Binance hires UK director, invokes need to comply with regulators
While flagging efforts to remain above board in the United Kingdom, Binance announced it hired a new director. In a LinkedIn post, Binance Regional Manager of Europe and the UK Ilir Laro said his comp...
People charmed by FTX CEO Sam Bankman-Fried will be ‘looking and feeling fairly silly,’ Larry Summers warns of crypto crackdown
The exponentially increasing troubles at FTX, previously one of the largest crypto exchanges in the world, could be the catalyst to increased federal regulation of the cryptocurrency world, warned for...
Cathie Wood buys Coinbase dip, crypto stocks rise
Crypto-related stocks rose, far outpacing the broader crypto market and slightly outpacing the S&P 500, following positive inflation data in the U.S and news that Ark Invest bought the Coinbase di...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Grayscale Bitcoin Trust trading at discount of more than 40% amid market tumult
The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low on Wednesday. GBTC is currently trading at a discount of -40.7%, its lowes...
Explore AgoraBank: A Pioneer CeDeFi Bank of the People
Decentralized finance (DeFi) is a popular new concept from blockchain technology which was inspired by the autocratic tendencies of the established centralized finance (CeFi) institutions like traditi...
Bettors doubting big time that Binance, FTX deal will close, prediction platform shows
A blockchain-based predictions market is showing increasing skepticism that Binance will complete its non-binding deal to acquire the non-U.S. assets of rival exchange FTX as due diligence gets underw...
Binance CEO says he didn’t ‘master plan’ FTX’s collapse
One day after news broke that Binance might acquire the non-U.S. assets of FTX amid a liquidity crunch, CEO Changpeng Zhao told staff that the near collapse wasn’t planned and would likely trigg...
Binance’s CZ says he’s building, not fighting amid FTX tensions
Binance CEO Changpeng “CZ” Zhao said he’s surprised by reactions to the weekend announcement that his firm would start selling off holdings of FTX’s FTT token. “Little di...
Crypto Could Save The Lebanese People From Economic Collapse
Crypto could prove to be the solution to a country like Lebanon to restore its failing economy. Lebanon’s financial system is fundamentally dysfunctional as a result of decades of mismanagement. Leban...
Lab-grown blood transfused to people in world-first clinical trial
Blood grown in a laboratory has been transfused into humans for the first time in a landmark clinical trial. Future Publishing | Future Publishing | Getty Images LONDON — Blood grown in a laboratory h...
Elite NYC restauranteur on why luxury spending won’t make people happy
Gift-giving can be a good way to learn how good you are at hospitality. And if you think success comes down to the amount being spent, you are setting yourself up for failure, according to one of the ...
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised mo...
More than 1 in 4 workers making $200K or more now say they live paycheck to paycheck. So even rich people are struggling to save, and pros offer 3 solutions
As many as 93% of rural and 92% of urban consumers say they’re noticing higher prices due to rising inflation, according to a report. Getty Images/iStockphoto Making bank doesn’t mean you have loot sa...
Dogecoin and Shiba Inu Gave People More Gains Than Bitcoin
– Advertisement – Gokhshtein believes DOGE and SHIB have given people more gains than Bitcoin. Prominent cryptocurrency influencer and founder of Gokhshtein Media, David Gokhshtein, recent...
Kenya’s Samburu People Fight For Survival On The Front Lines Of Climate Change
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has advised that at least 4.2 million people in Kenya’s Arid and Semi-Arid Lands (ASAL) urgently need humanitarian assista...
Federal Taxes Will Hit a Lot More People This Year
Few things are more pleasant that when an accountant runs through what you’ve earned and paid and confirms that you will not owe any extra taxes in April. On the other hand, few things are worse...
Why retirement calculators fail the people who need them most — and what to do about it
Or were you so overwhelmed by the steps and questions that you only increased the amount you were saving by a little bit — or not at all? If you fall into the latter category, don’t feel bad. A new st...
‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy
Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an in...