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The Latest Breaking News from Changpeng Zhao

Binance’s CZ says he never shorted FTX’s crypto token—and the decision to stop selling it was ‘very expensive’

Binance has emerged as one of the biggest winners from the FTX collapse, but its CEO says he didn’t short his rival.

Fortune

Failure of FTX crypto exchange will have huge implications, MPs hear

‘Hard to imagine sector bouncing back quickly from this ordeal,’ committee is told

The Guardian - UK

Crypto Billionaire Changpeng Zhao Says Fallen FTX Founder "Lied"

The CEO of crypto exchange Binance believes Sam Bankman-Fried "lied to his employees, his users."

The Street

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Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure

The Independent UK

Crypto: what could more regulation mean for the future of digital currencies?

The founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$2 trillion (£1.7 trillion).

The Conversation

Ethereum's Vitalik Buterin Is Planning This Cryptocurrency Safeguard, Changpeng Zhao Tells Benzinga In Twitter Space

Binance CEO (CRYPTO: BNB) Changpeng Zhao on Monday said Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is planning to come up with a protocol for exchanges to auto

Benzinga

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

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Billionaire Changpeng Zhao Wants to Save Crypto

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

The Street

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

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

The Guardian - UK

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

Crypto’s Enron moment? How FTX went from $32 billion to $0 in just one week

Cryptocurrency exchange FTX CEO Sam Bankman-Fried was the golden child of the industry. This week, it all unravelled.

Crikey

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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Zenger

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!

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.

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.

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."

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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

The Street

FTX Bankruptcy A 'Shock', Says Ousted CEO Sam Bankman-Fried

"I'm piecing together all of the details, but I was shocked to see things unravel the way they did earlier this week," said Sam Bankman-Fried.

The Street

Crypto Billionaire Bankman-Fried's Huge Fortune Plummets to $0

Sam Bankman-Fried, 30, still had a net wealth valued at $15.6 billion on November 8.

The Street

FTX Latest: Regulators Close-In, Sponsor Deals Die, Bitcoin Resumes Slide

FTX could close its U.S. operations within days, the group warned late Thursday, as it scrambles to find around $9 billion to save the collapsing crypto-trading empire of Sam Bankman-Fried.

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