For the past few months the much anticipated approval of Bitcoin spot ETFs has been the major driver of sentiment in the crypto markets.
On January 11th the ETFs were indeed approved. But in the fist 2 weeks since launch the inflows have been paltry and the Bitcoin price has declined by ~15%.
So why did the ETFs fail to live up to expectations?
Blockchain is still viewed with suspicion and ONLY associated with crypto. Ask your neighbour about the problems blockchain can solve or explore your child's school curriculum, searching for any mention of blockchain. In both cases, you're likely to find a void...
A deep dive into Binance, the world's largest crypto exchange. We uncover what we believe to be red flags which should give investors and customers serious concerns.
In 2022, crypto markets were in turmoil, but Sam Bankman-Fried's empire seemed to weather it all. That is until one week in November, when he went from crypto's savior to its biggest villain. WSJ’s Caitlin Ostroff tracks the unprecedented collapse of Bankman Fried’s empire, and the big secret that would prove to be its downfall.
Before his downfall, Sam Bankman-Fried drew comparisons to Warren Buffett, J.P. Morgan and other titans of finance. As his trial approaches, WSJ’s Caitlin Ostroff charts the meteoric rise of crypto’s golden boy, exploring how he sold customers and powerful people on his ideas, while hiding secrets under the hood of his flashy crypto empire.
In this revealing video, we critically examine Ethereum, a leading cryptocurrency that's now under a cloud of legal uncertainty. Amid recent accusations from the SEC against Coinbase for allegedly operating as an unregistered securities exchange, Ethereum's legal standing has been called into serious question.
We're diving deep into the murky waters of Ethereum’s nature – what it is, who's behind it, and, crucially, whether it rightly falls under the classification of a security. We're shining a spotlight on some concerning issues surrounding this widely adopted, yet contentious, digital asset.
Given Ethereum's status as the second most popular cryptocurrency, any legal challenges and reclassification could have far-reaching implications for the entire cryptocurrency landscape. We will walk you through the potential pitfalls and ripple effects that could drastically affect the blockchain industry and perhaps even alter the face of digital finance.
Banks don’t fail very often, and bank runs appear to be mostly a thing of the past. The last bank failure in the United States happened in 2020 when a small bank in Kansas failed. That two-year streak was broken this Wednesday with the failure of the crypto focused bank Silvergate, and on Friday with the failure of Silicon Valley Bank.
FTX, Sam Bankman-Fried's cryptocurrency exchange, exploded onto the scene in just a few years. Endorsed by celebrities and accepted by the establishment, it attracted big-name investors and was valued at $32bn before it collapsed in a matter of days. Regulators fell for it, venture capitalists fell for it, celebrities fell for it - everyone fell for the legend of Sam
FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion.
The recipients are being asked to return donations — or potentially face repercussions — to the now-bankrupt exchange, according to a Sunday statement from FTX.
Bitcoin to Blockchains, to NFTs, to Web 3.0... it's time to find out if it's really all the hype or just part of one of the greatest scams in human history.
Economist Nouriel Roubini has ratcheted up his fiery commentary on the stricken cryptocurrency industry, particularly toward FTX and its now-disgraced founder, Sam Bankman-Fried, commonly known as SBF.
"FTX and SBF are not an exception — they're a rule," the NYU professor, who is known as "Dr. Doom" for his dire perspectives on global trends, said on Yahoo Finance Live at the World Economic Forum in Davos, Switzerland, on Wednesday.
"Literally 99% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is going bust."
US authorities are ratcheting up pressure on Sam Bankman-Fried’s inner circle as they scrutinize former close FTX associate Nishad Singh, according to people familiar with the matter. Bloomberg's Sonali Basak reports.