Sam Bankman-Fried reportedly intended to join the Twitter deal in March
The FTX owner’s advisor unsuccessfully inquired Elon Musk about joining the acquisition deal. Go to Source Powered by WPeMatico
Sam Bankman-Fried
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FTX reportedly considers bailing out Celsius via asset bid
Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion. Go to Source Powered by WPeMatico
Brett Harrison will step down as FTX US president, move into advisory role
The soon-to-be-former president said he would continue to assist CEO and founder Sam Bankman-Fried “to ensure FTX ends the year with all its characteristic momentum.” Go to Source Powered by WPeMatico
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback … Read more
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. Go to Source Powered by WPeMatico
FTX, Bybit among the first exchanges to launch spot ETHW trading
Bybit officially announced that it launched ETHW trading against the USDT stablecoin, planning to soon open ETHW deposits and withdrawals. Go to Source Powered by WPeMatico
Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi
“We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX. Go to Source Powered by WPeMatico
Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head
After co-leading the company since 2019, Trabucco says he will be an adviser, but not a daily presence in a winding Twitter thread announcing his decision. Go to Source Powered by WPeMatico
Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for AML compliance but it “does not mean any accounts were frozen.” Journalist Wu Blockchain … Read more
Binance vs. FTX: CZ calls out ‘bad players’ for crypto exchange jitters
Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to go through. Go to Source Powered by WPeMatico