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FTX
CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?
Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new head John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal.
Alameda Research-Connected Bank Exits Crypto Business
Farmington State Bank, a small community bank in the state of Washington, is also changing its name.
FTX Could Be Revived, Says New CEO
According to the Wall Street Journal, the new head of FTX, John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange. "The Hash" panel discusses what this could mean for the future of FTX.
Hedera Executive on Building Trust in the Blockchain Industry
Hedera Chief of Staff and Head of Global Policy Nilmini Rubin discusses how the blockchain industry could build back trust following the fall of FTX. "In a way, it was helpful that we had an implosion because the weaker entities fell down," she says
New FTX Head Says Crypto Exchange Could Be Revived: Wall Street Journal
John J. Ray III made the comment in his first interview since taking over FTX in November.
World Leaders Warmed to Blockchain at Davos This Year, Despite Crypto Winter
Crypto advertising has dropped at Davos in 2023, but discussions and panels from industry leaders are in full swing.
Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
Gatekeepers such as lawyers, accountants and investment firms should have insisted the crypto industry handle itself in a safer fashion, Commissioner Goldsmith Romero argued.
Bitcoin Falls From Multi-Month High, Crypto-Related Stocks Pull Back
Earlier Wednesday, bitcoin (BTC) reached its highest point before the FTX collapse. Brad Keoun, CoinDesk Managing Editor of Tech and Protocols, discusses the latest price movement for the largest cryptocurrency by market capitalization, as Bloomberg reports Genesis is in confidential negotiations with various creditor groups, with the company warning it could seek bankruptcy protection if it fails to raise capital. Keoun also weighs in on Grayscale Bitcoin Trust discount narrowing. DCG is the parent company of Grayscale, CoinDesk, and Genesis.
Skybridge Capital Founder: The Time to Invest in Crypto Is Now
Anthony Scaramucci says long-term investors should keep a three- to five-year time frame and ignore day-to-day price movements.
Sam Bankman-Fried Again Defends FTX US, Saying It 'Was and Is Solvent'
In a new Substack post on Tuesday, former FTX CEO Sam Bankman-Fried reiterated his claims that FTX US "was and is solvent." "The Hash" panel discusses the latest from the fallen crypto entrepreneur who faces trial on fraud charges.