Benzinga

NOVEMBER 11, 2022

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced voluntary proceedings under Chapter 11 bankruptcy.

Marketability 98

Marketability 98

Brian DeChesare

NOVEMBER 16, 2022

But as crypto prices began crashing in 2022, FTX claimed it was still doing well , even as other platforms failed (see: Celsius and Voyager and the fall of the Terra network ). There’s nothing inherently wrong with speculation, but digital tokens built for gambling will never take over economies or displace fiat currencies.

Start-ups 52

Start-ups Banking Finance Technology 52

Reynolds Holding

FEBRUARY 1, 2023

The deal announcement included Microsoft’s agreement to deploy OpenAI’s models across its consumer and enterprise products and to introduce new categories of digital experiences built on OpenAI’s technology. Intercontinental Exchange Inc.’s s $13 billion acquisition of Black Knight, Inc. led the field in transaction size.

Finance 45

Finance Equity Technology Banking 45