Category: Virtual Currency

What Happened to FTX? Here’s What to Know.

Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.
FTX’s Sam Bankman-Fried Says He Is Trying to Raise More Money

Sam Bankman-Fried told employees that he wanted to reinforce his company’s finances after a collapse that is now drawing scrutiny from regulators.
FTX Crypto Exchange Boss Says He Is Trying to Raise More Money

Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.
Is This Crypto’s Lehman Moment?

Here’s how to make sense of the industry-shaking Binance-FTX deal.
The Fall of FTX’s Sam Bankman-Fried Puts Crypto Industry on Edge

The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.
Binance to Buy FTX in Megadeal of Crypto Exchanges

Binance, the world’s largest cryptocurrency exchange, said it reached a deal to buy one of its biggest rivals, FTX, amid fears that the crypto industry could be entering another meltdown.
British Soccer, Brought to You by American Crypto Optimism

A group of American cryptocurrency investors is trying to turn an obscure English soccer club into “the internet’s team,” with a global following of crypto enthusiasts.
Elon Musk Buying Twitter Is a Moment of Celebration for Many

The way forward for Twitter is uncertain. But that means Mr. Musk can innovate and change the platform for the better, his supporters say.