SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg
FTX is headed toward bankruptcy without a cash infusion.
FTX is headed toward bankruptcy without a cash infusion.
As the crypto market digests the past few days of chaos, venture capitalists see the moment as a warning, but also as an opportunity for the growth of decentralization and maturation of the larger blockchain space. “As venture investors, we take a long-term view on the industry; despite the current market turmoil. We are actively … Read more
While the FTX US website remains operational, FTX.com is experiencing widespread outages.
Elon Musk’s mercurial leadership and half-baked product plans are already creating fertile ground for confusion on Twitter. We’ve lost count of how many times Musk has changed his mind or offered contradictory claims about what a new paid $8 verification badge would do, but after pushing the feature live, fake accounts are seizing on the … Read more
Calorie data can only ever be a very rough estimate. Like many other first-gen devices, the Google Pixel Watch has a lot of quirks. So far, early users have reported that the watch dramatically overreported calorie burn due to a bug. According to Android Police, the Pixel Watch team is aware of the issue and … Read more
“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger.
Yuga Labs, the NFT collective behind the majority of tokens held in the crypto empire’s wallet, has previously raised capital from FTX Ventures, though Alameda Research is in control of the wallet.
An old-guard rival of FTX from the derivatives markets sought to drive a stake through its heart as the crypto company struggled to save itself from financial disaster on Wednesday. A subsidiary of Cboe Global Markets Inc. sent a letter on Wednesday to its customers – addressed as the “crypto community” – reminding them of … Read more
The firm pushed Maple Finance to halt Alameda’s dedicated borrower pool earlier this year.
The United Launch Alliance Atlas V payload fairing containing the Joint Polar Satellite System-2 (JPSS-2) at Vandenberg Space Force Base ahead of launch. | Image: NASA This Thursday, a new Earth observation satellite will launch into space, where it will help scientists forecast the weather and keep an eye on increasingly common extreme weather events. … Read more
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement.
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm’s holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.
Samar Haddad / The Verge There are a number of legitimate reasons that you’d want to record a phone call. For example, when you’re talking to a medical professional about, say, test results, you may want to make sure that you got all the information right. Or if you’re interviewing somebody for an article or … Read more
The foundation becomes official with a stash of StarkNet Tokens and a seven-member board.
The Verge Binance, the largest crypto exchange by volume, says it isn’t buying the beleaguered FTX crypto exchange, saying that “the issues are beyond our control or ability to help,” according to a company statement. The statement also said that “news reports regarding mishandled customer funds and alleged US agency investigations” led them to back … Read more
The world’s largest crypto exchange by volume, Binance, said it would walk away from a deal with the third largest crypto exchange by volume, FTX. On Tuesday, Binance signed a letter of intent to purchase its troubled competitor, FTX, in what appeared to be a potential bailout of the latter amid a liquidity crunch. But … Read more
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private.
Twitter’s new CEO and owner Elon Musk is rattling the cage at his social network and ruffling a lot of feathers both inside and outside of the company. But while some in the tech world describe that kind of chaos as a garbage fire, others see it as something very different: an opportunity. Years-old federated … Read more
It’s been a minute! Thanks to Jake for taking over the newsletter while I was prepping for Hot Pod Summit LA. I had an awesome time, and I hope those of you who attended did as well. We had some great conversations on the evolving relationship between podcasting and Hollywood. Many thanks to our sponsors … Read more
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Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users.
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