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Crypto & Defi

Bankman-Frieds parents, Barbara Fried and Joseph Bankman, center, arrive at court in New York on Thursday for their sons sentencing in his fraud case.

Bankman-Fried is sentenced to 25 years in prison over FTX collapse

byBloomberg News

March 28, 2024

FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the...

Pedestrians cross Plaza de Mayo in Buenos Aires, Argentina, on Friday, Feb. 25, 2022. Argentina's economy capped a strong second half of growth as it emerged from a long recession last year ahead of an expected new deal in the coming weeks with the International Monetary Fund. Photographer: Sarah Pabst/Bloomberg

Global Startup Cities podcast: How stablecoins drive financial services innovation

byVictor Swezey

July 18, 2023

Stablecoins are driving financial services innovations in Latin America, a growing fintech market. Argentine fintech Num Finance is using the technology to...

The FTX booth at the Blockchain Week Summit in Paris, France, on Wednesday, April 13, 2022. The three-day conference brings together the brightest minds, business professionals and leading investors to help you navigate the blockchain industry, according to the event's organisers. Photographer: Benjamin Girette/Bloomberg

Bankman-Fried’s assets plummet from $16 Billion to zero in days

byBloomberg News

November 11, 2022

The entire $16 billion fortune of former FTX co-founder Sam Bankman-Fried has been wiped out, one of history’s greatest-ever destructions...

Warren to target bank crypto offerings in US regulator query

byBloomberg News

August 4, 2022

Massachusetts Democrat Elizabeth Warren is circulating a letter among her Senate colleagues that would ask a key US bank regulator...

The Robinhood application on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. GameStop Corp. advanced on Friday and was on track to recoup much of Thursdays $11 billion blow after Robinhood Markets Inc. and other brokerages eased trading restrictions on the video-game retailer. Photographer: Tiffany Hagler-Geard/Bloomberg

Robinhood crypto unit fined $30M by New York regulator

byBloomberg News

August 2, 2022

Robinhood Markets Inc.’s cryptocurrency arm was fined $30 million by New York’s financial regulator after the brokerage was accused of...

Decentralized finance versus traditional finance: Key differences

byBloomberg News

July 22, 2022

Listen to Bloomberg Crypto on the iHeartRadio App Listen to Bloomberg Crypto on Apple Podcasts Listen to Bloomberg Crypto on Spotify Something we say a lot...

DeFi magic and credit default swaps converge in opaque lending market

byBloomberg News

July 7, 2022

Credit default swaps are hard enough to figure out. Shadow lenders and their repackaging of cash flows from loans into securities come...

Fintech Funding: Crypto platform FalconX secures $150M, clears $8B valuation

byAlijah Poindexter

June 24, 2022

Are happy days here again for cryptocurrency? Crypto platforms and coins have taken severe hits in what can only be...

ThunderRoad Financial leverages cloud-based tech to speed dealer funding

byAmanda Harris

June 16, 2022

Powersports lender ThunderRoad Financial’s chief executive, Don Hummer, says the lender is on track to “double” its origination volume by...

DeFi in turmoil as eye-popping yields prove too good to be true

byBloomberg News

June 14, 2022

The notion that the cryptocurrency industry has near-magical powers to pay out yields that dwarf those found in the traditional financial world...

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Crypto & Defi

Bankman-Fried is sentenced to 25 years in prison over FTX collapse

Global Startup Cities podcast: How stablecoins drive financial services innovation

Bankman-Fried’s assets plummet from $16 Billion to zero in days

Warren to target bank crypto offerings in US regulator query

Robinhood crypto unit fined $30M by New York regulator

Decentralized finance versus traditional finance: Key differences

DeFi magic and credit default swaps converge in opaque lending market

Fintech Funding: Crypto platform FalconX secures $150M, clears $8B valuation

ThunderRoad Financial leverages cloud-based tech to speed dealer funding

DeFi in turmoil as eye-popping yields prove too good to be true

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Walmart’s fintech races to $2.5B value in omen for banks

Banks balance physical, digital demands

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