Financial technology
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Business
The Boldest Bitcoin Price Predictions for 2023
The deteriorating macroeconomic environment and the collapse of industry giants like FTX and Terra have affected the bitcoin price this…
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Business
FTX used $200 million of client funds for two venture capital investments
FTX founder Sam Bankman-Fried leaves after a trial in New York City on December 22, 2022. Ed Jones | AFP…
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Business
Core Scientific bitcoin miner files for bankruptcy, will continue mining
Core Scientific’s 104 megawatt Bitcoin Mining Data Center in Marble, North Carolina Carey McKelvey core science, one of the largest…
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Business
FTX founder Sam Bankman-Fried will not oppose US extradition in case of alleged fraud, sources say
FTX founder Sam Bankman-Fried (2nd from left) is led away in handcuffs by officers of the Royal Bahamas Police Force…
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Business
FTX executives spent $256 million on real estate in the Bahamas
The Bahamas has more than 700 islands and dunes; Remote workers and students can live on 16 of them, including…
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Bahamas files urgent motion in FTX case to access customer data
John Ray, chief executive officer of Cryptocurrency Derivatives Exchange FTX, arrives in bankruptcy court in Wilmington, Delaware, United States, on…
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Business
FTX Spokesperson Kevin O’Leary Says He Lost $15 Million in Crypto on Settlement Day
Investor, “Shark Tank” judge and CNBC contributor Kevin O’Leary said on Thursday that he lost all of the $15 million…
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Business
Jack Dorsey’s Block Backs Bitcoin Mining Company Bringing Affordable Electricity to Africa
Three Gridless co-founders at one of their mining sites in Kenya. Erik Hersman ACCRA, GHANA – Until February, Janet Maingi…
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Business
Tim Draper Predicts Bitcoin Will Hit $250,000 Despite FTX Fall
Tim Draper, founder of Draper Associates, on stage at the Web Summit 2022 technology conference. Ben McShane | Sports files…
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Business
Wefox CEO ‘disgusted’ by mass tech layoffs: ‘This is human’
Wefox CEO Julian Teicke. wefox HELSINKI, Finland — The boss of European digital insurance startup Wefox has delivered an accursed…
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