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Why Bitcoin has lost more than $1 trillion in value in just eight monthsBitcoin experienced its steepest weekly drop since the FTX collapse, driven by outflows from ETFs, AI stock competition, and shifting inter...
Bitcoin’s worst week since FTX crash signals more pain aheadBitcoin experienced its worst week since the FTX collapse, with a modest rebound now raising concerns among analysts. Investors are pulling...
Man uses wheat flour to look like Nvidia's Jensen Huang and now has thousands of followers on social mediaA young man from rural China has become an internet sensation impersonating Nvidia CEO Jensen Huang. Yang Yang gained tens of thousands of ...
Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
Advent acquires minority stake in Iscon Balaji FoodsGlobal private equity firm Advent International is injecting $150 million into Iscon Balaji Foods, a prominent Indian frozen potato product...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Bankrupt FTX sells stake in hot AI startup AnthropicFTX, the bankrupt company once run by disgraced crypto king Sam Bankman-Fried, will sell two-thirds of its shares in hot AI startup Anthrop...
FTX insider Nishad Singh says working with Sam Bankman-Fried left him in ‘severe’ distressBankman-Fried faces decades in prison on charges that he funneled FTX customer money into Alameda Research, an affiliated hedge fund, for r...
Sam Bankman-Fried's lawyer says FTX investments were not 'reckless'FTX founder Sam Bankman-Fried's lawyer on Tuesday said the now-bankrupt cryptocurrency exchange's investments were not "reckless and frivol...
FTX sues founder Sam Bankman-Fried's parentsFTX's lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, ...
Fourth top FTX executive pleads guilty ahead of Sam Bankman-Fried trialRyan Salame, a former top executive at cryptocurrency exchange FTX, pleaded guilty Thursday to criminal charges linked to the sweeping frau...
FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowersThe complaint, filed on Tuesday in US Bankruptcy Court in Delaware, describes Daniel Friedberg, a former chief compliance officer at FTX an...
FTX sues ex-Clinton aide's investment firm K5 Global for $700 millionFTX said its founder Sam Bankman-Fried was a "profligate patron" who showered Michael Kives, his firm K5 Global, and K5 co-founder Bryan Ba...
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connectionsFTX acknowledged "fraud, dishonesty, incompetence, misconduct, mismanagement, and irregularity" in its past conduct, but said that its prev...
Media startup Semafor plans buyout of Sam Bankman-Fried's investment: reportSemafor is planning to buy out FTX founder Sam Bankman-Fried's roughly $10 million investment in the news startup, the New York Times repor...
FTX reports $415 million in hacked crypto, Bankman-Fried says FTX US is solventFTX has said it had recovered over $5 billion in crypto, cash and liquid securities, but that significant shortfalls remained at both its i...
Sam Bankman-Fried talks about his parents' $16.4 million Bahamas home. This is what he saidSam Bankman-Fried responded to inquiries regarding his parents' $16.4 million Bahamas mansion.
Sam Bankman-Fried's FTX, senior staff, parents bought Bahamas property worth $300 millionWhile it is known that FTX and its employees bought real estate in the Bahamas, where it established its headquarters in September last yea...
FTX's Sam Bankman-Fried begged for a rescue even as he revealed huge holes in firm's booksHunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world's biggest investors, including Sequoia...