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Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018.Alex Flynn | Bloomberg via Getty ImagesThe technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…

FTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022.Ed Jones | AFP | Getty ImagesOf the billions of dollars in customer deposits that disappeared from FTX in a flash, $200 million was used to…

Binance's Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market.NurPhoto / Contributor / Getty ImagesOver a month after the collapse of…

Sergino Dest of USA and Milad Mohammadi of Iran battle for the ball during the FIFA World Cup Qatar 2022 Group B match between IR Iran and USA at Al Thumama Stadium on November 29, 2022 in Doha, Qatar.Matteo Ciambelli | Defodi Images |…

These machines, known as mining rigs, work round the clock to find new units of cryptocurrency.Benjamin Hall | CNBCNew York Gov. Kathy Hochul signed a law Tuesday banning certain bitcoin mining operations that run on carbon-based power…

Barry Silbert, the founder of crypto conglomerate Digital Currency Group, has joined a growing list of industry leaders in trying to settle investors' nerves after the sudden collapse of FTX.In a note to shareholders on Tuesday, Silbert…

Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California.Patrick T. Fallon | AFP | Getty ImagesCoinbase shares closed down more than 8% Monday,…

Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried's crypto empire on the verge of collapse.The reversal comes one day after Binance CEO Changpeng Zhao announced that the world's…

An attendee wears a "Will Work for NFTs" shirt during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Thursday, June 9, 2022. The festival showcases all sides of the blockchain, crypto, NFT, and Web 3 ecosystems, and their…

Aerial view of the seafront Manara district near downtown Beirut.Bilwander | Getty ImagesWhen Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam.But by 2019, as Lebanon plunged into a financial crisis following…