FTX
Goldman to Spend Big on Crypto After FTX Fallout; Silvergate Slides Further After Letter From Sen. Warren
Investment banking giant Goldman Sachs (GS) is looking to spend tens of millions of dollars on crypto firms whose valuations have been hit after the implosion of FTX, Reuters reported Tuesday. Senators Elizabeth Warren (D-Mass.), John Kennedy (R-La.) and Roger Marshall (R-Kan.) asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research.
Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters
The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes.
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures.
Goldman Sachs to Spend Big on Crypto Post FTX: Report
Goldman Sachs (GS), one of the world's largest investment banks, is looking to spend "tens of millions" of dollars on crypto firms whose valuations have been hit after the implosion of crypto exchange FTX, according to Reuters. "The Hash" panel discusses why Goldman sees a need for trustworthy and established players in the crypto market.
Scottie Pippen on NFT Sneaker Collection Launch: 'We're the Trailblazers'
NBA Hall of Famer Scottie Pippen joins "First Mover" to discuss his crypto journey and partnering with Web3 firm Orange Comet in launching a limited NFT sneaker collection inspired by his basketball career. "We're bringing something different... we're the trailblazers," Pippen said. Plus, Orange Comet CEO Dave Broome discusses the future of the NFT industry in the wake of FTX's collapse.
'Misleading' to Point the Disasters in Crypto Only to FTX: Molly White
Molly White, Wikipedia editor and one of CoinDesk's Most Influential 2022, says the "disasters" in crypto throughout the past year "are quite illustrative of the general crypto industry." She adds that it's "misleading" to describe the fall of FTX as an anomaly.
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
"New and disturbing allegations about the [Silvergate's] business practices have continued to surface," says the letter from the Massachusetts Democrat and two Republican colleagues.
Financial Stability Watchdogs Vow to Tackle DeFi, Learn FTX Lessons
Policymakers from the world’s major jurisdictions want an international rulebook for crypto.
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
One analyst said investors are turning to cash.
Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report
The investment bank sees a bigger need for trustworthy and established players in the crypto market.
