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$4.5 billion

New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over

New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking OverFollowing recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring process. Ray detailed during the interview that he is open to the possibility of reviving the now-defunct digital currency […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities

A16z Launches .5 Billion Crypto Fund Focused on Web3 OpportunitiesA16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields in […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs