Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Crypto Contagion Sends Coins and Companies Tumbling
Crypto Contagion Sends Coins and Companies Tumbling
November 22, 2022  |  Cryptocurrency

FTX continues to be an industry “market maker” from beyond the grave, as the realities of entangled counterparty risk rear their heads throughout the cryptocurrency...

READ MORE >
Crypto Exchanges Not Immune to Bitcoin’s Freefall
Crypto Exchanges Not Immune to Bitcoin’s Freefall
November 21, 2022  |  Cryptocurrency

As bitcoin trades below $16,000 and through another key psychological barrier, investors and observers can only wonder, What’s next? While round numbers tend to serve...

READ MORE >
FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
November 21, 2022  |  Cryptocurrency

It has not been a pleasant month for troubled crypto trading platform FTX, which until recently was one of the largest industry players. Things have...

READ MORE >
Airswift Launches Gateway to Help Online Merchants Accept Crypto
Airswift Launches Gateway to Help Online Merchants Accept Crypto
November 21, 2022  |  Cryptocurrency

Cryptocurrency payment solutions provider Airswift has launched a full-stack payment gateway for online businesses. Airswift Connect integrates with merchants’ online stores to enable them to...

READ MORE >
How the Entangled CEOs of FTX and Alameda Took the Public for a Ride
How the Entangled CEOs of FTX and Alameda Took the Public for a Ride
November 18, 2022  |  News

At the heart of the FTX implosion, which has reportedly left nearly a million former customers and investors who trusted the exchange empty-handed, is the company’s...

READ MORE >
Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
November 18, 2022  |  Cryptocurrency

When FTX raised $420 million from investors in October 2021, $300 million of that amount reportedly went to the cryptocurrency exchange’s then-CEO Sam Bankman-Fried.  The...

READ MORE >
New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
November 17, 2022  |  Cryptocurrency

Despite 40 years of corporate restructuring experience, John J. Ray said he’s never seen a company as badly run as fallen cryptocurrency exchange FTX. In...

READ MORE >
SBF Spin Machine Sets Cycle to Reputation Wash
SBF Spin Machine Sets Cycle to Reputation Wash
November 16, 2022  |  Cryptocurrency

While FTX’s bankruptcy continues to reverberate across the entire cryptocurrency ecosystem, negatively impacting perception of the entire space, the exchange’s former CEO, Sam Bankman-Fried (SBF),...

READ MORE >
Liquidators Object to FTX Subsidiary’s Bankruptcy
Liquidators Object to FTX Subsidiary’s Bankruptcy
November 16, 2022  |  Cryptocurrency

Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. That’s according...

READ MORE >