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FTX's old rival Binance is enjoying a growth in dominance now that Sam Bankman-Fried's crypto exchange has collapsed

Wed, 02/08/2023 - 07:08

Tech Insider : Crypto

Lisbon , Portugal - 2 November 2022; Changpeng Zhao, Co-Founder & CEO, Binance, at Media Village during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. (Photo By Ben McShane/Sportsfile for Web Summit via Getty Images) — Binance has notched its largest-ever market share since its old rival FTX collapsed, per the FT.
Ben McShane/Sportsfile for Web Summit via Getty Images

Markets, MI Exclusive, crypto, crypto investing, crypto investing analysis, crypto investing outlook, crypto investing strategy

Here are 3 obstacles facing crypto in 2023 as the market looks to move on from the FTX disaster

Tue, 02/07/2023 - 16:25

Tech Insider : Crypto

A skier wearing a blue ski suit, helmet, and goggles falls flat in the snow, with a ski and pole left behind. — After a so-called crypto winter, industry experts are weighing in on the market's next roadblock.
ViewApart/Getty Images

Markets, MI Exclusive, crypto, crypto market outlook, cryptocurrency, ftx, SBF

Super Bowl LVII won't have any crypto ads because firms pulled out of deals following FTX's bankruptcy

Tue, 02/07/2023 - 11:23

Tech Insider : Sports, Crypto

Sam Bankman-Fried coming out of court, and Von Miller cheers amid confetti while lifting the Lombardi Trophy — FTX cofounder Sam Bankman-Fried, and Von Miller lifts the Lombardi Trophy last February.
David Dee Delgado/Getty Images; Kevin C. Cox/Getty Images

Tech Insider, Sports, Sam Bankman-Fried, ftx, crypto, Super Bowl, Super Bowl LVI

FTX's new boss says security was so weak that founders could 'download half a billion dollars' of crypto without detection, report says

Tue, 02/07/2023 - 07:14

Tech Insider : Crypto

John J. Ray III and Sam Bankman-Fried. — John J. Ray III (left), the new CEO of FTX, and Sam Bankman-Fried, his predecessor.
Nathan Howard/Getty Images; Michael M. Santiago/Getty Images

Tech Insider, News, Sam Bankman-Fried, ftx, SBF, crypto, Bankruptcy

FTX has chased politicians like Nancy Pelosi to return donations given before the crypto giant's collapse. They now have a deadline of February 28 to pay.

Mon, 02/06/2023 - 10:34

Tech Insider : Politics, Crypto

Nancy Pelosi, Sam Bankman-Fried, and John Fetterman. — Nancy Pelosi and John Fetterman each received $2,900 from an FTX executive. It is unclear if the pair have given any money back.
Anna Moneymaker/Getty Images; Michael M. Santiago/Getty Images; Drew Angerer/Getty Images

finance, politics, ftx, Sam Bankman-Fried, SBF, Nishad Singh, Ryan Salame

Bankrupt FTX Asks for Its Political Donations Back

Mon, 02/06/2023 - 10:25

Gizmodo : Politics

Bankrupt crypto exchange FTX is so desperate to repay its creditors that it is clawing back any and all money the company and its ex-execs used for political donations. The company has even implied it will go after charities and other nonprofits politicians said they donated FTX’s money to if it doesn’t get its money…