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The pair, both traders with pre-crypto ties to Bankman-Fried, will oversee Alameda’s vast network of trading, yield farming, startup investments and market-making. Alameda is one of the crypto-landscape’s trading behemoths, booking a $1 billion profit last year, according to Forbes. Source
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The come-up of the FTX cryptocurrency exchange has been one of the most inspiring stories out of the crypto space. Its success put its CEO Sam Bankman-Friend on the path to become one of the richest crypto billionaires. The 29-year-old was featured on the Forbes 2021 List of 400 Richest
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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“The Market Report” with Cointelegraph is live right now! Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Yashu Gola. Today’s menu: the dramatic Bitcoin (BTC) price flash crash to $43,000 on Tuesday.What caused the crash? Was it market manipulation, leverage liquidations,
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In an interview with CNBC’s Street Signs Asia released Tuesday, Sam Bankman-Fried expressed optimistic caution surrounding the pace of nonfungible tokens’ (NFT) growth over the last year, warning investors that they could become vulnerable to the volatile market dynamics if improperly educated in the space.The 29-year-old crypto entrepreneur and founder
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How sustainable is Bitcoin’s latest bull run? Is bad coronavirus news somehow good news for BTC price?“Bad news is good news for Bitcoin, but bad news is bad news for everything,” said Sam Bankman-Fried, CEO of crypto derivatives exchange FTX. He was joined by BitBull Capital CEO Joe DiPasquale
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