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Search resuls for: "crypto's"


3 mentions found


☆ How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire
  + stars: | 2022-09-16 | by ( Kate Rooney | ) www.cnbc.com   time to read: +11 min
FTX also extended $500 million to struggling Voyager Digital, which later declared bankruptcy, and was in discussions to acquire South Korean crypto exchange Bithumb. While Bankman-Fried's cryptocurrency exchange FTX is suffering from the downturn in digital assets, he said market share growth helped offset the pain. FTX Trading Ltd. is headquartered in Antigua, with FTX Derivatives Markets based in the Bahamas, where Bankman-Fried lives. FTX Trading has acquired companies in Switzerland, Australia, Cyprus, Germany, Gibraltar, Singapore, Turkey and the United Arab Emirates, among other countries. watch nowLike Buffett, Bankman-Fried signed the Giving Pledge: a promise by the world's wealthiest individuals to donate the majority of their wealth to charity.
☆ The Merge: These 10 podcasts will help you better understand the impact of Ethereum's highly anticipated upgrade on crypto's ecosystem
  + stars: | 2022-09-16 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +1 min
Ethereum's Merge is complete, transitioning its network from Proof of Work to Proof of Stake. Insider compiled a list of podcasts that detail the upgrade's impact on crypto's ecosystem. Ethereum's highly anticipated upgrade, the Merge, has finally happened. The upgrade will cut the network's energy usage more than 99% by changing Ethereum's consensus mechanism from Proof of Work to Proof of Stake. Insider compiled a list of 10 podcasts to help you better understand the Merge and its impact on crypto more broadly.
☆ Crypto has a trust problem. Here's why brands need to win over consumers even as many slash their marketing budgets
  + stars: | 2022-06-20 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +3 min
Crypto brands need to establish consumer trust right now, even as many are paring down marketing. A slump in the crypto market has wiped away $2 trillion in value. The slowdown comes as the crypto market has suffered in recent months, thanks in part to waning consumer support amid volatility. The most important thing for the crypto industry's survival right now is to earn back consumer trust. That may be a tall order given crypto's current market slump, which is affecting even the biggest players in the space.
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