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A16z’s crypto vehicle launches $2.2 billion Fund VAndreessen Horowitz's crypto arm, a16z crypto, has secured $2.2 billion for its Fund V, focusing on areas like stablecoins and AI agents. T...
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...
Sam Bankman-Fried's trial reveals inside details of how FTX diedWhile the broad contours of FTX's failure are publicly known, the trial has opened a window into high-stakes conversations that unfolded in...
FTX co-founder testifies against Bankman-FriedDuring Sam Bankman-Fried's trial, his former business partner, Zixiao "Gary" Wang, testified that Bankman-Fried used FTX clients' funds wit...
Sam Bankman-Fried's trial: five key moments from the first weekBankman-Fried has pleaded not guilty to charges of stealing billions of dollars in customer funds to prop up his crypto-focused hedge fund,...
Sam Bankman-Fried's trial to resume with testimony from ex-FTX executiveGary Wang testified on Thursday that while at FTX, he created software code at the direction of Bankman-Fried that gave "special privileges...
Sam Bankman-Fried's trial: four key points raised in opening statementsThe trial of FTX founder Sam Bankman-Fried began with opening statements from both the prosecution and defense. Prosecutors accused Bankman...
Sam Bankman-Fried, prosecutors reach new bail agreementIn Monday's letter, Bankman-Fried's parents agreed to restrict his access to their devices, while also signing sworn affidavits to not brin...
Sam Bankman-Fried, US prosecutors near new bail agreementLawyers for Sam Bankman-Fried are nearing an agreement with U.S. prosecutors on revised bail conditions for the indicted FTX cryptocurrency...
Senate crypto hearing yields big claims, possible regulationSen. Elizabeth Warren announced at the hearing bipartisan legislation aimed at cracking down on cryptocurrencies being used in money launde...
New FTX CEO says lax oversight, bad decisions caused failureFTX CEO John Ray III, who has guided dozens of companies, including Enron, through bankruptcy restructuring, called FTX's collapse one of t...
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...
FTX has collapsed – but don't write off cryptocurrencies just yetOn Sunday, a filing in the US bankruptcy court estimated that FTX owes its 50 biggest creditors nearly $3.1 billion (₹25,336 crore). Th...
New CEO calls FTX's corporate control a 'complete failure'FTX collapsed last week after a run on deposits exposed a deep financial hole in the business. Last Friday, the company filed for bankruptc...
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...
Crypto Price Today Live: Bitcoin nears $17K; Uniswap, Solana & XRP gain up to 5%ALGO is up by over 12% in the last 24 hours due to increased interest from investors and the momentum is expected to sustain if overall mac...
Learnings from crypto collapse on how to evaluate new-age businessesA critical aspect that usually works in such situations is the presence of skin in the game – it offers no guarantee of success, but an abs...
At least $1 billion of client funds missing at Sam Bankman-Fried's FTXFTX's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Rese...
After Twitter, prankster Rahul Ligma now 'sacked' by another company, second time in a monthIn a new video, Ligma is seen carrying a box with office stuff, posing as a laid-off worker of FTX crypto exchange in Bahamas. Few weeks ag...
Nasdaq-listed Coinbase plans to ramp up tech hiring and investments in IndiaFounder of Nasdaq-listed Coinbase Inc., Brian Armstrong wrote, “Coinbase Ventures has already invested $150 million in home-grown Indian te...