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PublishedonByBy Tom CassauwersSam Bankman-Fried was the darling of the cryptocurrency world, then he became its black sheep. In November of this year, the cryptocurrency company he founded, Futures Exchange (known widely as FTX), collapsed in a spectacular way.The exchange, a digital platform where users can buy and sell cryptocurrencies, filed for bankruptcy after allegedly mishandling customer … Read more

NEW YORK, NEW YORK – JANUARY 03: FTX Founder Sam Bankman-Fried arrives for a hearing at Manhattan … [+] Federal Court on January 03, 2023 in New York City (Photo by Michael M. Santiago/Getty Images)If you want this weekly update in your inbox every Saturday, click here to become a subscriber.Also: MicroStrategy Sticks With Long-Term … Read more

NEW YORK, Dec 28 (Reuters) – The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried, fell 10.36% on Wednesday, and is down 94.2% so far in 2022.The collapse of FTX has rippled across the industry, hobbling liquidity at firms with exposure to what was once one of the … Read more

Analytics Insight Top 10 AI Companies to Follow in 2023Top 5 AI Healthcare start-ups in IndiaTop 5 learn-to-gain crypto platformsTop 5 Tech Trends that’ll Shape the Industry in 2023The 10 Most Impactful Chief AI Officers of the Year 2022The 10 Most Promising AI Solution Providers of 2022The 10 Most Inspiring Tech Leaders to Watch in … Read more

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Business partners turn on Sam Bankman-Fried  CNNsource

Collapsed cryptocurrency exchange FTX has located more than $5bn (£4.1bn) of assets, an attorney for the firm says.However, a US bankruptcy court was told on Wednesday that the extent of losses to customers is still not known.Prosecutors have accused FTX's former chief executive Sam Bankman-Fried of orchestrating an "epic" fraud that may have cost investors, … Read more

Illustration: Sarah Grillo/AxiosWhen reading the latest obituaries for blockchain and cryptocurrencies, it helps to remember they've been written before.The big picture: There have been many crypto booms and busts. But in each bust, the bottom is a little higher than it was the time before. This is the slow build that believers count on to … Read more

Ethereum Hits 500,000 Validator MilestoneThe growing number of validators points to “increasing confidence, positive market sentiment, and conviction in the Ethereum ecosystem as a whole,” the chief marketing officer at Blocknative told BlockworksWindAwake/Shutterstock.com modified by BlockworksshareNewsletterBlockworks Daily upcoming eventPermissionless 2023Austin, TexasMON – WED, SEPT. 11 – 13, 2023Permissionless is the brainchild of Blockworks and Bankless. … Read more

There was a time when it seemed as though Singapore would become a global centre for cryptocurrency.Authorities had signalled an early interest in harnessing blockchain technology. That, coupled with the city state's favourable business environment, attracted digital asset companies and a burgeoning community of investors.In 2021, investment in the industry in Singapore increased tenfold compared … Read more