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Hong Kong taxis are a perfect stablecoin test caseHong Kong's taxis are now mandated to accept digital payments, potentially opening the door for stablecoin adoption. With new licensing for...- Sam Bankman-Fried prosecutor says Gary Wang's cooperation sped up caseSpeaking five days after Sam Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Te...
- Crypto funds have arrived. But who needs them?The SEC this month approved 11 new ETFs that track the price of bitcoin, and the decision has been heralded by promoters of bitcoin — and o...
- Sam Bankman-Fried demanded special privileges for Alameda Research: ex-colleague Gary WangAccording to Wang, the special privileges granted to Bankman-Fried's hedge fund Alameda Research included a $65-billion line of credit, sev...
- Inside the white-hot center of AI doomerismAt long cafeteria tables dotted with Spindrift cans and chessboards, harried-looking engineers are putting the finishing touches on Claude'...
- Their crypto company collapsed. They went to Bali.Their Crypto Company Collapsed. They Went to Bali.
- FTX founder keeps talking, ignoring typical legal strategyThe atypical chattiness for a criminal defendant is likely causing Bankman-Fried's attorneys to scratch their heads, or worse. Prosecutors ...
- Twenty Three for 2023: 23 ‘boats’ that must rise this year for India’s economy to weather the stormThere are a few things that India needs to be in its favour if it has to successfully navigate the gathering global storm.
- Time for an intellectual pushback against a western-dominated narrative against India: Sanjeev SanyalSo idea was to hold it altogether using a safety net but then when the economy began to open up, the rebuild of demand was by essentially c...
- Sam Bankman-Fried, FTX execs received billions in hidden loans, says ex-Alameda CEOCaroline Ellison, former chief executive of Alameda Research, said she agreed with Bankman-Fried to hide from FTX's investors, lenders and ...
- The charges against Sam Bankman-FriedAs of this week, SBF is no longer a free man, having been arrested in the Bahamas on Monday. What’s more, it turns out US prosecutors – unl...
- How a secret software change allowed FTX to use client moneyIn 2020, FTX's chief engineer tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feat...
- The crypto industry struggles for a way forwardExecutives who just a year ago were reveling amid crypto's seemingly unstoppable growth are now scrambling to prove that they can learn fro...
- The crypto industry struggles for a way forwardLast month, the actions of a single crypto firm - the $32 billion exchange FTX - plunged the emerging industry into its own version of a 20...
- Nearly 5,000 new cryptocurrencies emerged in 2022 despite harsh winterDespite the crypto crash and major exchanges filing for bankruptcy, nearly 5,000 new cryptocurrencies emerged this year, a new report has s...
- FTX flipped Jane Street's risk obsession. Disaster followed for Bankman-FriedAs the story unspools of the epic collapse of FTX, the $32 billion crypto exchange now in bankruptcy, one of the biggest revelations is tha...
- WhatsApp India head Abhijit Bose quits; RBI picks five banks for retail CBDC pilotMeta India has been hit by fresh top-level exits, days after the tech giant said it would sack about 11,000 employees worldwide. Abhijit Bo...
- The humbling of CoinbaseCoinbase has grown from a plucky startup to a publicly traded company, but its status as an industry leader has been threatened by a series...
- Tales From Crypto: A billionaire meme feud threatens industry unityThe web3 revolution, backers say, promises the democratization of commerce and information by building a better internet on blockchain netw...
- Code connectionsThe human ability to create and commercially exploit success never ceases to amaze me. Take the case of Dan Brown’s Da Vinci Code. Tour ope...
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