Is Sam Bankman-Fried a Modern-Day Robber Baron?
Is Sam Bankman-Fried a Modern-Day Robber Baron? Source
Read MoreIs Sam Bankman-Fried a Modern-Day Robber Baron? Source
Read MoreIn recent years, Bankman-Fried has built up a reputation for writing big checks, most notably donating to political campaigns. This includes a record-setting $12 million to fund effective altruism-aligned candidate Carrick Flynn. Last month, Flynn lost in the Oregon Democratic congressional primaries. Source
Read MoreThe billionaire founder and CEO of theFTX cryptocurrency exchange Sam Bankman-Fried has revealed he intends to spend anywhere between $100 million and $1 billion to help influence the 2024 United States presidential election campaigns.In a podcast interview on May 24 Bankman-Fried was asked how much money he might donate during
Read MoreSam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an
Read MoreComing every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBreaking: Terra blockchain officially halted following LUNA
Read MoreSam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood. The news was well received by the market, with Robinhood’s (HOOD) stock price initially soaring over 30% in after hours trading. At the time of writing the price
Read MoreExecuted through an Antiguan firm called Emergent Fidelity Technologies Ltd, the position represents a 7.6% stake in the popular trading app, according to the filing published Thursday. At over 56 million shares, it was worth nearly $482 million at market close. Source
Read MoreSBF is 30 and his company, FTX, is everywhere. He'll be appearing at CryptoX's Consensus festival in June. Source
Read MoreStablecoins, or crypto assets which peg their value to less volatile fiat money, are useful tools for a variety of reasons. They can be used to cash out crypto investments, send or receive stable money abroad, and to pay for everyday consumer transactions without fear of fluctuation. A recent estimate
Read MoreHe might now be a billionaire, but Samuel Bankman-Fried, or “SBF,” still has that wild puff of hair. It’s hair that screams just-rolled-out-of-bed. Or a beanbag chair. “I’m up to something like 50%, in terms of sleeping on beds,” SBF tells CoinDesk.The 50% is a big deal. And beds were
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