FTX Files US Bankruptcy Proceedings, Sam Bankman-Fried Steps Down as CEO

Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse after traders rushed to withdraw...

from Gadgets 360 https://ift.tt/bhdB7Fs

Comments

Post a Comment

Popular posts from this blog

HBO Max will cost $14.99 per month and launch in May 2020

Image
AT&T and WarnerMedia just announced the pricing of their HBO Max streaming service, along with sharing more details about the timing and content lineup. The service will cost $14.99 per month — the same price as HBO Now. WarnerMedia also says it will be free for HBO Now subscribers and for viewers who subscribe to HBO via AT&T. And it will launch in May of next year. The announcement came at an event for investors and media, where HBO’s Casey Bloys also revealed that the network has greenlit a Game of Thrones spin-off called House of the Dragon , based on George R.R. Martin’s book of Westerosi history, Fire and Blood  (perhaps explaining why  a previously announced spin-off that was recently canceled ). The company also revealed that HBO Max will be the exclusive streaming home of South Park . Plus, Elizabeth Banks, Issa Rae and Mindy Kaling are all developing new shows for the service — and  Arrow and Riverdale producer Greg Berlanti announced that he’s...
Read more

Google Pixel 8, Pixel 8 Pro Launch Date Set For October 4: All Details

Google announced that the Pixel 8 and Pixel 8 Pro models will be unveiled on October 4. The series will succeed the Pixel 7 series, which was released in October 2022. The company recently leaked the design of the Pro model from the upcoming lineup. The Mountain View, California-based tech giant confirmed the launch date of the smartphones soon after Apple announced t... from Gadgets 360 https://ift.tt/T3c0YUf
Read more