Forbes – DIGIT INFO

Crypto founders take up nearly a third of Forbes 30 Under 30 in finance

DIGIT — Thu, 05 Dec 2024 04:02:36 +0000

Nine of the 30 spots in the finance category for Forbes’ “30 Under 30” list for 2025 were taken up by crypto company founders.

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WeWork founder’s crypto startup refunds investors after no token launch: Report

DIGIT — Thu, 12 Sep 2024 05:46:48 +0000

Flowcarbon reportedly cited tough market conditions and resistance from carbon registries as the main reasons behind the refunds.

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Musk vs. Nakamoto: A 210% Bitcoin Surge Could Change the World’s Wealth Rankings

DIGIT — Sun, 02 Jun 2024 16:04:09 +0000

At this moment, Tesla’s Elon Musk holds the title of the wealthiest individual on the planet, as reported by the Forbes Real Time Billionaires list on June 1, 2024. However, there exists a potential future where Bitcoin’s creator, Satoshi Nakamoto, could surpass Musk’s fortune. Given the current value of BTC, the price would need to […]

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JPMorgan, Apollo plan for enterprise mainnet, execs reveal

DIGIT — Tue, 28 Nov 2023 10:52:28 +0000

The ‘enterprise mainnet’ provides the scalability to add applications to a network that already has a KYC-compliant set of institutional banks, broker-dealers and asset managers.

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Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam

DIGIT — Mon, 27 Nov 2023 06:05:56 +0000

Scammers posing as Forbes journalists have been targeting BAYC holders to set up interviews and distract them while they attempt to steal their apes.

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Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

DIGIT — Thu, 20 Apr 2023 07:30:53 +0000

On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called the “Grails” NFT collection, will take place during Marquee Sale Week at […]

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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

DIGIT — Thu, 30 Mar 2023 21:05:00 +0000

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]

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FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

DIGIT — Thu, 30 Mar 2023 00:34:56 +0000

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

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Binance CEO responds to mainstream FUD: ‘They don’t know how an exchange works’

DIGIT — Tue, 28 Feb 2023 08:22:46 +0000

The CEO and co-founder of Binance CZ took to Twitter in response to a FUD-filled article published by Forbes about the exchange and its recent “shuffling” of funds.

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Protocol Labs, Chainalysis and Bittrex add to crypto layoff season

DIGIT — Sat, 04 Feb 2023 02:45:45 +0000

Crypto execs suggested that the “extremely challenging” times forced them to cut jobs in order to “weather this extended” crypto winter.

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