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The Latest Breaking News from Binance

The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

WEKU

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

Reason

Billionaire Changpeng Zhao Wants to Save Crypto

The unexpected implosion of the FTX cryptocurrency exchange raises fears of a cascade of bankruptcies.

The Street

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Binance says 'proof of reserves' can restore trust in the crypto industry. What does that mean?

As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.

Fortune

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

The Guardian - UK

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

The Independent UK

Chronicling Luke Skywalker And Darth Vader, Bestselling Author Michael Lewis Has Book In Works Covering Sam Bankman-Fried and Changpeng Zhao

With the world fascinated and intrigued by the story of FTX and its co-founder Sam Bankman-Fried, many have wondered how long it will take until a movie or series on the storyline pops up in theaters or on

Benzinga

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EXPLAINER: What's happening at bankrupt crypto exchange FTX?

Problems mounted over the weekend for collapsed cryptocurrency exchange FTX, which was struggling to account for money that went missing hours after it filed for bankruptcy

The Independent UK

One of the greatest financial writers alive has been embedded with FTX’s Sam Bankman-Fried for six months and has a book on the way

Michael Lewis’ next book is about crypto's disgraced FTX founder Sam Bankman-Fried, according to The Ankler.

Fortune

Crypto Crisis: FTX's Sam Bankman-Fried Questioned by Police

Suspicious withdrawals have been made on FTX, while accounts of his empire have been frozen by a rival.

The Street

Musk Says Everyone Thought FTX's Bankman-Fried Was 'Walking on Water'

The CEO of Tesla says he was approached by the disgraced former crypto star for Twitter funding.

The Street

How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried’s Wealth Disappeared

Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion. Here's how!

Zenger

Billionaire Mark Cuban Assigns Blame Over Crypto Crisis

The cryptocurrency exchange FTX imploded this week, a debacle that is likely to sweep other crypto firms away.

The Street

Binance's CEO Warns Crypto Crisis Is Not Over

The demise and bankruptcy of crypto brokerage FTX will not be the last downfall in the industry, Binance's CEO predicts.

The Street

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Benzinga

EXCLUSIVE: Marathon Digital CEO Fred Thiel Says FTX Bankruptcy 'Has Increased The Fear Factor'

The CEO of Bitcoin (CRYPTO: BTC) mining company Marathon Digital Holdings Inc (NASDAQ: MARA), the world's second-largest holder of Bitcoin among publicly-listed companies, is speaking out about

The Guardian - UK

‘I f****d up’: the rise and fall of US crypto king Sam Bankman-Fried

The 30-year-old wunderkind last week saw his giant FTX digital currency exchange collapse and his $17bn fortune disappear

inkl Originals

The Weekly Wrap for Saturday, 12 November 2022

Sam Bankman-Fried's cryptocurrency empire collapsed this week. His $16bn personal fortune was incinerated in a matter of days (another rousing win for the normative determinists). Not bad for a 30-year-old.

Bangkok Post

Cryptocurrency platform FTX files for bankruptcy

NEW YORK: Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.

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Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Nov. 11

Cryptocurrency News Weekly Wrap-Up: Bitcoin and crypto prices plummeted as FTX rapidly collapsed and filed for bankruptcy.

Fortune

Binance's CZ compares current crypto crash to 2008 financial crisis but insists 'the market will heal itself'

“With FTX going down, we will see cascading effects."

Benzinga

How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried's Wealth Disappeared

Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion.

ABC News

Australian investors in limbo after collapse of FTX cryptocurrency exchange

Australians who invested in the FTX cryptocurrency exchange are unable to withdraw their funds as the company's local arm goes into voluntary administration.

Benzinga

CZ Slams Reports Binance's Reserves Are Full Of Its Own Tokens: 'Numbers Are All Wrong'

Binance CEO Changpeng Zhao on Friday came down heavily on a report the cryptocurrency exchange holds $74.6 billion in tokens, out of which nearly 40% are its own stablecoin

The Guardian - UK

How Binance played a key role as FTX collapse unfolded

Cryptocurrency exchange run by Changpeng Zhao pulled out of deal to rescue its rival

Al Jazeera

Distressed crypto exchange FTX files for bankruptcy

The trading platform had been struggling to raise billions in funds to stave off collapse after a wave of withdrawals.

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