collapse

Inside the Frenzied Texts Exchanged by Crypto Executives During the FTX Collapse

Inside the Frenzied Texts Exchanged by Crypto Executives During the FTX Collapse

The day before struggling cryptocurrency exchange FTX filed for bankruptcy, Changpeng Zhao, the chief executive of rival exchange Binance, sent an alarmed text message to FTX founder Sam Bankman-Fried. Mr. Zhao feared that Mr. Bankman-Fried was orchestrating crypto transactions that could plunge the industry into a meltdown. “Stop now, cause no more damage,” Mr. Zhao …

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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 …

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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, …

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