blockchain

FTX grew revenue 1,000% during the crypto craze: Leaked financials

Sam Bankman-Fried, Founder and Managing Director of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, U.S., Wednesday, August 17, 2022. Jeena Moon | Bloomberg | Getty Images FTX took the crypto craze to $1 billion in revenue last year while expanding its global …

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Why Is Bitcoin Down? The Selloff Hit Crypto Stocks Coinbase and Marathon, Too.

Text size Bitcoin fell below $22,000 on Friday. The time of dreams Bitcoin fell below $22,000 on Friday, after global equities fell amid uncertainty over the Federal Reserve’s aggressiveness in its efforts to quell inflation with interest rate hikes. Bitcoin, the world’s largest cryptocurrency, was down 8.4% to $21,498 in the past 24 hours, according …

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Crypto Investor’s Vision For The Future Of Games Sparks Mockery

For some, it’s a vision of utopia. For a thousand more, it’s unmistakably a dystopia. But it’s really just a speculative LinkedIn post about the potential future of “blockchain” gaming, which has gone viral across multiple social media platforms when folks started mocking what they see as its offensively absurd predictions. The main character of …

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Take-Two CEO Skeptical Of Metaverses, Worthless Digital Land

Photo: Jonathan Leibson (Getty Images) The metaverse has quickly become a popular topic of speculation for tech companies and rich CEOs as they scramble to not be left behind while people look for ways to escape our hellish current-day digital landscape. But the metaverse is (probably) a giant bust, and Strauss Zelnick, CEO of GTA …

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