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1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngFTX fiasco – DIGIT INFO
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3232Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022
https://www.digit.info/document-claims-alameda-ceo-caroline-ellisons-ftx-margin-position-was-negative-1-3b-in-may-2022/
Mon, 05 Dec 2022 19:30:37 +0000https://www.digit.info/2022/12/05/document-claims-alameda-ceo-caroline-ellisons-ftx-margin-position-was-negative-1-3b-in-may-2022/Read more]]>In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro, SBF explained that auditors were looking at FTX’s corporate financials, but the auditors were “not looking […]
]]>Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’
https://www.digit.info/binance-ceo-likens-ftx-fiasco-to-2008-financial-crisis-warns-of-cascading-effects/
Mon, 14 Nov 2022 05:00:28 +0000https://www.digit.info/2022/11/14/binance-ceo-likens-ftx-fiasco-to-2008-financial-crisis-warns-of-cascading-effects/Read more]]>Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it sets us back a few years.” Binance’s CEO Discusses the Impact of FTX’s Collapse on the Crypto Industry The CEO of cryptocurrency exchange […]
]]>SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project
https://www.digit.info/sbfs-truly-trustless-protocol-serums-upgrade-authority-may-be-tainted-devs-look-to-fork-project/
Sun, 13 Nov 2022 17:00:59 +0000https://www.digit.info/2022/11/13/sbfs-truly-trustless-protocol-serums-upgrade-authority-may-be-tainted-devs-look-to-fork-project/Read more]]>According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as “completely permissionless,” but now that the exchange has fallen, it’s suspected that Serum’s upgrade authority is tainted. A So-Called ‘Trustless’ Defi Protocol With […]
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro, SBF explained that auditors were looking at FTX’s corporate financials, but the auditors were “not looking […]
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it sets us back a few years.” Binance’s CEO Discusses the Impact of FTX’s Collapse on the Crypto Industry The CEO of cryptocurrency exchange […]
According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as “completely permissionless,” but now that the exchange has fallen, it’s suspected that Serum’s upgrade authority is tainted. A So-Called ‘Trustless’ Defi Protocol With […]