Tag Archives: FTX

In the dynamic and often volatile landscape of the cryptocurrency market, a concerning trend has emerged, celebrity crypto pump and dump schemes. This article delves into the unsettling phenomenon where influential figures exploit their status to manipulate digital asset prices. While the fear of missing out (FOMO) has long been …

The recent legal conviction of the founder of FTX ought to have acted as a clear signal for all individuals involved or contemplating involvement in cryptocurrency investments. Yet, as of October 2023, Binance stands as the world’s largest cryptocurrency exchange, boasting 90 million customers and managing assets totalling $72 billion. …

As a solution to CeFi problems like FTX, the Social Bees University Decentralized Autonomous Organization (“SBU DAO”) has activated the world’s first self-generating billion-dollar fund after almost 3 years of intense development. With this sizable fund, SBU will financially help Web3 visionaries who are aligned with the SBU mission.  The SBU is …

The collapse of FTX and its founder Sam Bankman-Fried (SBF) represents a watershed moment for the digital asset industry, shifting the perception of cryptocurrency from a revolutionary financial frontier to a sector marred by systemic mismanagement and alleged fraud. As a dominant exchange and venture capital force through Alameda Research, …