Jennifer Sanasie'den En Son
Binance Sets Up Recovery Fund After FTX Collapse; Janet Yellen Warns of Weakness in Crypto: Report
Binance is setting up an industry recovery fund to help rebuild the space amid FTX contagion fear. Tron founder Justin Sun says Tron, Huobi Global and Poloniex will support Binance in its initiative. Meanwhile, Bloomberg reports that Treasury Secretary Janet Yellen said the FTX fallout "shows the weaknesses of this entire sector." "The Hash" panel discusses the latest developments.
Crypto Exchange FTX Files for Bankruptcy Protection in US; CEO Bankman-Fried Resigns
Crypto exchange FTX filed for bankruptcy protection in the U.S., the Bahamas-based company said Friday. CEO and founder Sam Bankman-Fried also resigned his role, but will "assist in an orderly transition." John Ray III is the new CEO. The Hash hosts discuss the history of FTX and and the outlook for decentralized finance in the wake of the fallout.
Sam Bankman-Fried Apologizes, Promises FTX.US Customers' Funds Are 'Fine'
"The Hash" hosts discuss today's top stories: Sam Bankman-Fried apologized on Twitter as the FTX crisis deepened, Tron network’s native TRX token momentarily surged some 4,000%, from 6 cents to $2.50, on embattled crypto exchange FTX, and SEC's Gary Gensler speaks out on the state of crypto regulation during an interview on CNBC.
Bitcoin Dips Below $17K as Binance Said to Waver on FTX Deal, NFL Legend Tom Brady Caught in FTX Fallout
Bitcoin (BTC) dropped to a new 23-month low, as CoinDesk reports cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person familiar with the matter. "The Hash" team discusses the latest developments and what it could mean for seven-time Super Bowl champion Tom Brady, who quickly became a prominent FTX backer.
