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The Latest Breaking News from Sam Bankman-Fried

Binance Drops FTX Acquisition, Cryptos Trade Deep In The Red: 'The Issues Are Beyond Our Control'

Binance walked away from a deal to acquire FTX.com Wednesday after examining the company’s financials.

Benzinga

Big Short Michael Burry Says Cryptocurrencies Have Original Sin

The legendary investor is not surprised by the recent crash in the cryptocurrency market.

The Street

Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleag

Benzinga

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The big crypto winner of the midterms? The SEC and CFTC

Why the Democrats’ outperformance and crypto turbulence may empower regulators.

Fortune

Crypto's White Knight Needs A White Knight: Could The FTX/CZ Drama Be Sam Bankman-Fried's Fall From Grace?

FTX co-founder Sam Bankman-Fried was riding high for several years with his company rapidly growing market share in the cryptocurrency space. The increase in valuation for FTX helped Bankman-Fried’s wealth increase and also led to partnerships and deals with sports teams and athletes around the world.

Benzinga

How will the Binance-FTX drama affect Solana? Here's what we know so far

Solana's SOL and other cryptocurrencies dubbed "Sam's Coins" are tanking amid the uncertainty surrounding the potential deal between Binance and FTX.

Fortune

A tentative crypto deal looks increasingly shaky

Folks are starting to wonder if, after the dust settles, there will be an FTX.com left for Binance to buy.

Axios

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Cryptocurrencies slump again amid fallout from FTX sale

Bitcoin slumped to a two-year low and other digital assets sold off Wednesday following the sudden collapse of crypto exchange FTX Trading

The Independent UK

Sam Bankman-Fried quietly deletes his claim that FTX customer funds are safe

The future of client assets locked on crypto exchange FTX remains uncertain, with a Binance deal that can bail out the company depending on a closer look at the books.

Fortune

Crypto Crisis: Bitcoin Collapses By 17% and Sees No Hope

Cryptocurrency market drops 11% in 24 hours as questions about crypto firms' solvency mount.

The Street

Why the Binance/FTX acquisition could be a big blow to crypto VC

Binance agreed to acquire rival FTX, and it could be bad news for the whole crypto venture space.

Fortune

FTX collapse gives crypto sector 'another black eye'

New York (AFP) - Even for a sector regularly rocked by bankruptcies, the collapse of FTX –- a cryptocurrency platform worth $32 billion at the beginning of the year -- came as a shock.

AFP

Here's How Much Sam Bankman-Fried Lost In Wealth Tuesday — And How It Compares To Mark Zuckerberg's Rough 2022

One of the biggest names in cryptocurrency may have had one of the worst days as a billionaire, a status that could now be over.

Benzinga

Bitcoin, Ethereum, Dogecoin Crash: Analyst Says Crypto's 'White Knight' Needing Binance Rescue Causing 'Wave Of Uneasiness'

Major cryptocurrencies crashed Tuesday evening as the global cryptocurrency market cap plunged 10.4% to $916.2 billion at 8:09 p.m.

Benzinga

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news in one place.

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The Street

Tom Brady and Steph Curry Among Stars Caught up in Crypto Drama

Splashy endorsement and sponsorship deals by FTX now in doubt as cryptocurrency exchange seeks bailout from rival Binance.

The Street

Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day

The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.

AFP

Crypto kid Sam Bankman-Fried falls prey to Binance

Paris (AFP) - Sam Bankman-Fried has undergone a rapid transformation from top of the heap in the world of cryptocurrencies as chief of the FTX digital exchange to embattled executive forced to seek help from rival Binance.

The Street

Crypto Billionaires and CEOs Can't Be Trusted

The cryptocurrency industry is heading for a crisis of confidence, caused by the statements of one of its most influential players.

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The Street

Coinbase Says It's in No Danger of Running Out of Cash

Fortune

Sam Bankman-Fried was the face of crypto in D.C. What would FTX’s acquisition mean for regulation?

Binance's power play sent shockwaves through Washington.

Investors Business Daily

Dow Jones Futures Fall: GOP Expected To Win House; Elon Musk Sells More Tesla Stock, Meta Slashes Jobs

Futures fell slightly. The GOP is likely to retake the U.S. House in midterm elections. Elon Musk sold more Tesla stock. Meta will slash jobs.

Benzinga

Analysis: A Tweet Just Cost Investors $153 Billion — How CZ May Have Tanked FTX, Crypto Before Acquisition

A feud between Sam Bankman-Fried and Changpeng Zhao is wreaking havoc on the cryptocurrency market over the last 24 hours.

The Street

Robinhood Collapses Following Difficulties of Savior

Shares of Robinhood, the brokerage, plummeted by 15% as FTX was acquired to save it from collapsing.

The Street

Binance Emerges as Winner of Crypto Winter With Potential FTX Acquisition

Binance and FTX were two of the strongest companies coming out of a brutal summer for crypto, but now FTX is turning to Binance as it struggles with a “liquidity crunch.”

The Street

Crypto Is in Big Trouble Again

Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.

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