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0 CommentsFTX founder and CEO Sam Bankman-Fried said his Alameda Research and FTX could “step in” the situation with Celsius and Three Arrows Capital to prevent further contagion across the crypto sector. He also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius. The downward trajectory that has greeted the crypto market…
Tesla CEO Elon Musk, who has agreed to purchase Twitter for about $44 billion, spoke on June 16 at an all-hands meeting for the social network company. The billionaire said it “makes sense” to integrate digital payments into Twitter, according to a leaked Q&A session with employees. Billionaire Elon Musk shared further details of his…
While the crypto market has lost $2 trillion in value since November 2021, the venture arm of the $22 billion hedge fund run by Steve Cohen, the man who inspired the “Billions” TV show, last week announced it had invested in its fifth crypto company, a decentralized finance firm that provides data and trade execution…
From crypto industry giants to celebrity endorsements, “mainstream crypto” is more relevant than ever as outsiders join the decentralized movement. Does it help or hurt mainstream crypto when celebrities from outside the space endorse it? – examines Savannah Fortis of Be[In]Crypto. Crypto and the utility of blockchain-based solutions are no longer a fringe for those…
Su Zhu, the co-founder and CEO of Three Arrows Capital, admitted that he was wrong about the “Supercycle Thesis,” but he remains optimistic about the crypto. Before, he predicted that the crypto market would enter a Supercycle in February 2021. Back in February 2021, the co-founder of Three Arrows Capital, Su Zhu, predicted that the…
Gavin Wood, the co-founder of Ethereum and creator of Polkadot and Kasuma, shared his advice to crypto investors during the ongoing price plunge. While another veteran investor Jim Rogers expressed his “optimism about the future of crypto money.” After a market drop that wiped away more than $800 billion in value, British computer scientist and…
