SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’
Sam Bankman-Fried on Friday pushed back against the common view of FTX’s collapse, saying the exchange was not insolvent when it failed in November 2022. Related Reading: IBM Unveils Digital Asset Haven For Banks And Governments – Details According to a document posted on X on October 31, 2025, his team argues the company suffered […]
Related News
Bitcoin reached a milestone this week as the nine-page whitepaper that launched it passed its 17th anniversary. The document titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was first posted on October 31, 2008. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Bitcoin Hits Its 17th Year The network itself went live when […]
Coinbase’s top lawyer and a US senator traded fierce public claims this week, putting the exchange at the center of a fresh political fight over campaign donations and regulation. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Allegations Of Political Payoff According to Senator Chris Murphy, Coinbase gave $46 million to support […]
According to remarks made on CNBC’s Power Lunch, Strategy’s CEO Phong Le said the company moved quickly to calm investor fears after Bitcoin fell sharply. The firm announced a $1.44 billion US dollar reserve on Monday, raised through a stock sale. Related Reading: Gold Buys Hit New Highs — Is Bitcoin About To Join The […]
Tornado Cash is a crypto mixer that recently came under sanction from the United States government. The reasoning given for this was the fact that it was a protocol used by criminals to hide the origins of their funds. Most notably used by South Korean hackers who have stolen millions of dollars in hacks over […]
Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking a strong decline for the cryptocurrency that had benefited so much from the ETH2 launch. Ethereum was falling alongside BTC. The market was seemingly dropping as a result of the […]