Collapse

Tim Draper Predicts Bitcoin Will Hit $250,000 Next Year Despite FTX Collapse: "The Dam Is About To Burst"

Tim Draper Predicts Bitcoin Will Hit $250,000 Next Year Despite FTX Collapse: “The Dam Is About To Burst”

Tim Draper, Founder of Draper Associates, on stage at the Web Summit 2022 technology conference. Ben McShane | Sports file via Getty Images Venture capitalist Tim Draper thinks bitcoins will hit $250,000 a coin by mid-2023, even after a killer year for the cryptocurrency marked by industry failures and falling prices. Draper had previously predicted …

Tim Draper Predicts Bitcoin Will Hit $250,000 Next Year Despite FTX Collapse: “The Dam Is About To Burst” Read More »

Luis Enrique oblivious to squad danger in Spain’s ‘collapse’ against Japan

LLuis Enrique was the last to know, or so he claimed. It was after midnight that he discovered how close he and his team were to disaster at the Khalifa International Stadium in Doha, the realization was caught on camera. How did he feel during those three minutes Spain were out of the World Cup, …

Luis Enrique oblivious to squad danger in Spain’s ‘collapse’ against Japan Read More »

Remembering the parabola of the Arecibo observatory, two years after its collapse

Remembering the parabola of the Arecibo observatory, two years after its collapse

The dish destroys the day it collapses.Photo: RICARDO ARDUENGO/AFP (Getty Images) It happened in less than 10 seconds, two years ago today: the 300 meters of the Arecibo observatory the satellite dish collapsed, eliminating one of the world’s most renowned sources of radio sightings. During its 57 years of operation in northern Puerto Rico, the …

Remembering the parabola of the Arecibo observatory, two years after its collapse Read More »

Crypto Biz: Institutions Short Bitcoin as SBF 'Deeply Sorry' for FTX Collapse

Crypto Biz: Institutions Short Bitcoin as SBF ‘Deeply Sorry’ for FTX Collapse

FTX’s monumental collapse will go down as one of the greatest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX wrote a letter to his former employees outlining his role in the company’s bankruptcy. “I never wanted this to happen,” he wrote. …

Crypto Biz: Institutions Short Bitcoin as SBF ‘Deeply Sorry’ for FTX Collapse Read More »

'Betrayed': FTX Collapse Signals End Crypto's 'Wild West' Days

‘Betrayed’: FTX Collapse Signals End Crypto’s ‘Wild West’ Days

Boston, United States – FTX used to be one of the largest cryptocurrency exchanges in the world – until earlier this month it collapsed within days. In the wake of the collapse of Sam Bankman-Fried’s crypto empire, increased government oversight and calls for tougher regulation threaten to spell the end of the freewheeling Wild West …

‘Betrayed’: FTX Collapse Signals End Crypto’s ‘Wild West’ Days Read More »

FTX Collapse: Inside Sam Bankman-Fried's $40 Million Luxury Bahamas Bunker

FTX Collapse: Inside Sam Bankman-Fried’s $40 Million Luxury Bahamas Bunker

Former Uber chief commercial officer Emil Michael discusses the collapse of FTX and the viability of the crypto industry. FIRST ON FOX: After allegedly robbing up to a million investors for billions of dollars worldwide, Fallen FTX crypto king Sam Bankman-Fried hides in an ultra-luxurious Bahamas resort, behind concrete walls and guarded checkpoints, a world …

FTX Collapse: Inside Sam Bankman-Fried’s $40 Million Luxury Bahamas Bunker Read More »

Who is Caroline Ellison and how did she end up at the center of FTX's collapse?

Who is Caroline Ellison and how did she end up at the center of FTX’s collapse?

“The Wolf of Wall Street” Jordan Belfort joined “Maria Bartiromo’s Wall Street” to discuss the fallout from FTX’s collapse and the scrutiny facing A-list celebrities and the SEC Chairman. The collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange has led to increased attention on the role played by Alameda Research and its CEO Caroline Ellison in …

Who is Caroline Ellison and how did she end up at the center of FTX’s collapse? Read More »

Ortiz and Brady named among defendants in FTX collapse lawsuit

Ortiz and Brady named among defendants in FTX collapse lawsuit

Former Red Sox hitter David Ortiz and quarterback Tom Brady are listed along with many other athletes and celebrities in a class action lawsuit filed Tuesday for the sudden collapse of cryptocurrency exchange FTX. The lawsuit was filed in the U.S. District Court in Miami, Florida, where Bahamas-based FTX had recently purchased the naming rights …

Ortiz and Brady named among defendants in FTX collapse lawsuit Read More »

Athletes, venture capitalists and others among victims of FTX collapse

Athletes, venture capitalists and others among victims of FTX collapse

Kraken’s new CEO Dave Ripley addresses the FTX hack, telling “The Claman Countdown” that the customer who tried to use a Kraken wallet has been identified. FTX, one of the largest cryptocurrency exchanges in the world, quickly collapsed. FTX, Alameda Research Trading Company, West Realm Series, and 130 affiliates filed for bankruptcy protection late last …

Athletes, venture capitalists and others among victims of FTX collapse Read More »