Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview

2022-11-30 20:57

The FTX founder said he unpaused Bahamian FTX withdrawals to “appease” local customers, and also added his lawyers to the groups of people he said can “go f-ck themselves.”

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ftx said withdrawals added groups f-ck themselves

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FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation

FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender BlockFi, a source said. The deal will see BlockFi bought at a price of $25 million – a rate roughly 99% below the company’s most recent valuation. FTX supported BlockFi with a $250 […]

2022-7-1 18:58


SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption

Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX,  said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network.  SBF continued that the environmental impact of Bitcoin mining, alongside the fact that the coin is “inefficient,” would count against it […] The post SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption appeared first on CryptoSlate.

2022-5-16 18:40


DEX Aggregator 1inch Secures $2.8M Funding While its AMM Mooniswap Locks $5.5M

DEX aggregator 1inch has secured $2. 8 million in an external seed funding round led by Binance Labs. Other investors included Galaxy Digital, FTX, Dragonfly Capital, Greenfield One, Libertus Capital, IOSG, Divergence Ventures, and LAUNCHub Ventures along with Kyber Network founder Loi Luu and NEAR protocol founder Illia Polosukhin.

2020-8-13 20:43