FTX Has Wrecked the Crypto Party in Paradise
[ad_1] In the two years since, a collection of startups and large crypto companies have set up shop in the Bahamas, among them FTX and OKX, another large crypto exchange.…
No One Will Escape the FTX Fallout
[ad_1] Genesis Global Trading, one of crypto’s oldest and most storied institutions, is in dire straits. In November, in the wake of the implosion of the crypto exchange FTX, the…
Sam Bankman-Fried’s House of Cards Is Falling Down
[ad_1] Sam Bankman-Fried is behind bars. The controversial founder of bankrupt crypto exchange FTX was taken into custody in the Bahamas yesterday after criminal charges were filed against him by the…
A Row Erupts Over Texas’ Bold Bitcoin Battery Plan
[ad_1] Fred Thiel, CEO of Marathon Digital, claims that crypto miners participating in demand response schemes have helped to stave off blackouts in Texas this year. Mining facilities acted “like…
Crypto Contagion Is Spreading, Fast
[ad_1] To ensure Genesis wasn’t hamstrung by the loss, its parent company, Digital Currency Group (DCG), bailed it out. But in the aftermath, Genesis cut 20 percent of its workforce to reduce…
The Race To Save Sam Bankman-Fried’s Other Crypto Exchange
[ad_1] Decentralized exchanges differ from their centralized counterparts (like FTX, Binance, Coinbase, and others) in a few important ways. Most notably, instead of relying on an intermediary to match buyers…
Bureaucracy Is Blocking the Green Energy Revolution
[ad_1] The technology that will carry humanity toward a sustainable future is already here, says Greg Jackson, CEO of Octopus Energy, but heavy-handed regulators and outdated infrastructure are standing in…
This Billion-Dollar Crypto Collective Is Tearing Itself Apart
[ad_1] Something on which everyone can agree, whether fans of Christensen or not, is that the existing governance system is in need of reform. “There are a lot of teams,…
The Fallout of the FTX Collapse
[ad_1] Aaron Kaplan, a securities attorney and co-CEO of trading platform Prometheum, says that although the final outcome for FTX and its customers is not yet crystal clear, there is…
What the Hell Happened to FTX?
[ad_1] CZ has denied that he deliberately created a liquidity crisis at FTX—”I spend my energy building, not fighting,” he tweeted on November 7—but Tim Mangnall, whose company Capital Block…
Twitter Had a Plan to Fix Social Media. Will Elon Musk Follow It?
[ad_1] Musk’s chief concern will be whether he can align his philosophical affection for decentralization with the need to turn Twitter into a profitable business. He has previously expressed a…
A Chaotic Crypto Launch Reveals How Hard It Is to Beat Ethereum
[ad_1] Other community members have attacked Aptos for its failure to release the tokenomics—a description of the distribution of tokens, how they will function, and when they will be released…