Thursday, April 25, 2024
Home > Lots

Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions

Many are former co-workers from quantitative trading firm Jane Street, others he met at the Massachusetts Institute of Technology, his alma mater. All 10 are, or used to be, paired up in romantic relationships with each other. That includes Alameda CEO Caroline Ellison, whose firm played a central role in

Read More

Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’

Large investors continue to accumulate bitcoin, possibly putting upward pressure on the cryptocurrency’s price.The number of whale entities – clusters of crypto wallet addresses held by a single network participant holding at least 1,000 bitcoin – rose to a new record high of 1,994 on Wednesday. The previous peak of

Read More

Crypto Remains Unregulated in Russia — Lots of Talk but No Action

At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets as a payment instrument. Shortly after, the country’s interior ministry confirmed

Read More