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FTX’s fallen CEO, Sam Bankman-Fried, is scheduled to testify tomorrow as a witness before the U.S. House of Representatives Committee on Financial Services. The committee is investigating the events that …
SBF scheduled to testify tomorrow at US House hearing on FTX collapse Read More
Welcome back to Chain Reaction. It’s still a pretty busy time in the wild, wild world of crypto. But it felt somewhat more tame than the whirlwind the industry has …
Will SBF saddle up for a testimony after his media tour? Read More
Reading the spreadsheet detailing the investment portfolio of Alameda Research, the investment arm of fallen crypto exchange FTX, you wonder how they had time to do anything other than invest …
FTX and Alameda’s massive investments will take a long time to unwind from crypto industry Read More
Payment giant Stripe is going to offer a new product that makes it easier to hold cryptocurrencies without signing up to a cryptocurrency exchange. The company’s new fiat-to-crypto widget can …
Stripe announces fiat-to-crypto onramp widget Read More
It’s hard to believe that bitcoin and other cryptocurrencies were flirting with all-time highs about a year ago. Today’s scenery is less exuberant; bitcoin’s price has fallen below $20,000 and …
Bitcoin believers maintain view it could find institutional buy-in despite FTX chaos Read More
Last week, Ramp sent a message to crypto companies using its corporate card services saying that it is significantly lowering spending limits and mandating new requirements. Some users were temporarily …
FTX’s failure could be a stress test for corporate credit card startups Read More
Hearings that will determine the fate of FTX, once one of the largest crypto exchanges globally, began Tuesday in the U.S. Bankruptcy Court for the District of Delaware. “We are …
FTX’s bankruptcy hearing details prior control by ‘inexperienced and unsophisticated individuals’ Read More