FTX

US Senate unanimously opposes clemency for FTX’s Bankman-Fried

The US Senate unanimously adopted a nonbinding resolution opposing executive clemency for former FTX CEO Sam Bankman-FriedS. Res. 772 cannot block a presidential pardon...

Ex-FTX engineer Nishad Singh fined $3.7 million

Former FTX head of engineering Nishad Singh settled a Commodity Futures Trading Commission (CFTC) case for $3.7 million and received multiple industry bans.The CFTC...

Fundstrat’s Tom Lee Loses Over FTX-Sized $8.8B on ETH

Fundstrat founder Tom Lee, via his treasury company Bitmine Immersion Technologies, has incurred $8.8 billion in losses on ether (ETH) investments.The losses exceed the...

Ex-FTX Charity Sells $23M Manor at $14.5M Loss

Effective Ventures UK sold the FTX-funded Wytham Abbey manor at a significant loss of over $14.5 million as it winds down operations.The charity, previously...

CZ: Crypto Industry Structurally Stronger Post-FTX

Former Binance CEO Changpeng Zhao claims the crypto industry has survived its "darkest quarter" following the 2022 FTX collapse and subsequent regulatory crackdowns.Zhao served...

Deaton Urges Bondi to Reopen FTX Case, Oppose SBF Cut Firmly

John Deaton urged former Florida AG Pam Bondi to reopen the campaign finance case tied to FTX and oppose reducing Sam Bankman‑Fried's 25‑year sentence.The...

Ex-FTX Chief Raises $35M for Crypto Derivatives Platform

Brett Harrison, former president of the defunct FTX US exchange, raised $35 million for his new venture, Architect Financial Technologies.The startup aims to develop...

Bitcoin Leads $2B Crypto Liquidations; Losses Hit FTX-Era Levels

Over $2 billion in cryptocurrency positions were liquidated in a single day, one of the largest totals this year.Bitcoin accounted for over $1 billion...

Latest news

Amazon stock surges 15% on Q2 earnings, AWS revenue up 37%

Amazon's Q2 earnings beat Wall Street forecasts, driven by AWS revenue of $42.2 billion (up 36.7% year over year)CEO...

Google removes Earth AI feature after fake satellite image backlash

Google removed an AI image-generation feature from Google Earth on July 31, just one day after its July 30...

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...