Binance’s outgoing CEO says resigning from the cryptocurrency exchange was the right move. After agreeing to resign Tuesday (Nov. 21) as part of an agreement with federal prosecutors, Changpeng Zhao took to Twitter/X to pen a farewell. “I made mistakes, and I must take responsibility. This is best for...
By this time next month, FTX could have a new owner. And among the three bidders for the bankrupt cryptocurrency exchange is a company headed by Tom Farley, former president of the New York Stock Exchange, The Wall Street Journal reported Wednesday (Nov. 8). Farley’s Bullish — itself another crypto exchange — is...
Decentralized cryptocurrency platforms have seen their spot trading volumes plummet in the last year. That drop, a Sunday (July 23) Bloomberg News report noted, stands in sharp contrast to the “golden age” crypto enthusiasts predicted after the collapse of FTX last year weakened trust in centralized...
Crypto exchange FTX has been criminally charged with being shot through with fraud from inception. The news, revealed in a federal indictment unsealed Tuesday morning (Dec. 13), may further rattle the already shaky crypto industry. “I don’t trust a single piece of paper from this...
September 01, 2022
Despite the huge appetite for digital assets in emerging markets, promoting their adoption and mainstream accessibility have been far from smooth sailing. Last year, for example, Nigeria’s central bank banned banks and other financial institutions from facilitating cryptocurrency transactions and processing payments for crypto exchanges — a move that forced Binance and other crypto exchanges […]
June 14, 2022
The NFL’s 2000 championship game was named the “Dot-Com Super Bowl” when some 20 of its hugely expensive ads were bought up by tech companies — several of which were...
January 31, 2024
FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of the company’s attorneys said Wednesday (Jan. 31). “The costs and risks of creating a viable exchange from what Mr. Bankman-Fried left in the dumpster were […]
November 22, 2023
Binance’s outgoing CEO says resigning from the cryptocurrency exchange was the right move. After agreeing to resign Tuesday (Nov. 21) as part of an agreement with federal prosecutors, Changpeng Zhao took to Twitter/X...
November 08, 2023
By this time next month, FTX could have a new owner. And among the three bidders for the bankrupt cryptocurrency exchange is a company headed by Tom Farley, former president of the New York...
July 23, 2023
Decentralized cryptocurrency platforms have seen their spot trading volumes plummet in the last year. That drop, a Sunday (July 23) Bloomberg News report noted, stands in sharp contrast to the “golden...
