The Latest Breaking News from FTX

Unlike fellow Silicon Valley giant Sequoia, a16z did not get tarnished by FTX's collapse.

“As we thought about expanding to Ethereum, the core reason is that our customers have been asking for it,” Nick Neuman, Casa cofounder and CEO, told Fortune.

The former CEO tells Axios about what helped lead to FTX's collapse.

The fallen founder of the cryptocurrency exchange gives two interviews on November 30 and December 1.

In the wake of the collapse of the cryptocurrency exchange FTX, and amid reports that FTX's founder, Sam Bankman-Fried, diverted billions of dollars of clients' funds, some observers have linked the alleged financial malpractice to ideas widely held within the "effective altruism" movement, which Mr Bankman-Fried says inspired him. More…

Despite being well-positioned for long-term growth, the application software industry has near-term headwinds to deal with. Hence, avoiding fundamentally weak stocks Robinhood (HOOD), Monday.com (MNDY), and Matterport (MTTR) could be wise, while fundamentally strong software stock Progress Software (PRGS) could be a great buy right now. Continue reading….

The former FTX CEO discussed in greater detail donations he made as Democratic Sen. Ron Wyden of Oregon called on crypto exchanges to be more transparent.

Embattled FTX founder was top donor to Democrats in 2022 midterms

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.