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Fortune

@fortune

Fortune lights the path for global leaders — and gives them the tools to make business better.

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Subscribers: 3.08K
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Recent Posts 20 shown

Post #84 47.4K May 1, 2024, 16:45 UTC

Crypto reporter Leo Schwartz breaks down the stories, trends, and coins that are shaping the future and business of crypto.

Discover the decentralized crypto world.

Subscribe to Fortune Crypto today: https://fortune.com/newsletters/fortune-crypto

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Post #83 46.6K Apr 30, 2024, 14:15 UTC

While awaiting his sentence, Zhao has been skiing in the Rockies and cultivating friendships with rich and powerful people like Sam Altman and former Sen. Max Baucus, who wrote a letter to the judge urging leniency.

Read more: https://fortune.com/crypto/2024/04/30/binance-cz-changpeng-zhao-prison-sentence/

Fortune Binance’s founder will follow Bankman-Fried to prison—but their fates couldn’t be more different | Fortune CZ played his hand right and will be sitting pretty when he gets out with a $43 billion fortune and many options.

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Post #82 39.7K Apr 10, 2024, 18:37 UTC

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Post #80 32.6K Apr 2, 2024, 19:11 UTC

Bitcoin has dropped 8% since Sunday night as demand for spot exchange-traded funds has cooled and hopes dwindle that the Federal Reserve will cut interest rates soon:

https://fortune.com/crypto/2024/04/02/bitcoin-declines-etfs-outflows-fed-rate-cuts/

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Post #79 21.5K Mar 29, 2024, 20:23 UTC

Louis d'Origny has bought almost 1,000 FTX bankruptcy claims since December 2022.

https://fortune.com/crypto/2024/03/29/sbf-sam-bankman-fried-bankruptcy-fraud-claims-trading/

Fortune Hedge funds that scooped up FTX bankruptcy claims are looking at 9-figure paydays. One investor shares how he could rake in $25… Meanwhile, hedge funds have bought over $2.3 billion worth of steeply discounted claims, and are expecting to be paid back in full.

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Post #78 15.9K Mar 28, 2024, 19:57 UTC

“The judgment has to adequately reflect the seriousness of the crime, and this was a very serious crime."

https://fortune.com/crypto/2024/03/28/sam-bankman-fried-ftx-crypto-sentencing-conviction-kaplan/

Fortune Sam Bankman-Fried sentenced to 25 years in prison as FTX saga draws to a close | Fortune A jury convicted the disgraced founder of seven counts related to the collapse of his crypto exchange in November.

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Post #77 13.2K Mar 20, 2024, 16:38 UTC

The Securities and Exchange Commission is waging an energetic legal campaign to classify Ethereum, the second-most popular cryptocurrency, as a security, according to U.S. companies that have received subpoenas related to an investigation:

https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/

Fortune SEC probing crypto companies in Ethereum investigation as hopes for ETF dim | Fortune The regulatory status of Ether has long been a point of contention for the Securities and Exchange Commission.

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Post #76 10.9K Mar 14, 2024, 16:01 UTC

U.S. President Joe Biden put forward a variety of crypto related taxes and regulations which he says could generate almost $10 billion next year, and over $42 billion over the next decade, according to his proposed 2025 budget:

https://fortune.com/crypto/2024/03/13/joe-bidens-latest-budge-proposal-calls-for-a-30-tax-on-crypto-mining/

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Post #75 9.3K Mar 13, 2024, 16:44 UTC

Grayscale wants to launch a spinoff of its spot Bitcoin exchange-traded fund, GBTC, according to a regulatory filing on Tuesday:

https://fortune.com/crypto/2024/03/12/grayscale-bitcoin-mini-trust-gbtc-spinoff/

Fortune Grayscale files to launch low-fee GBTC spinoff to help appease investors: ‘This is a way to throw them a bone’ | Fortune Grayscale has filed to launch a low-fee GBTC alternative to attract new investors and appease disgruntled investors.

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Post #74 8.39K Mar 8, 2024, 18:23 UTC

Here’s a closer look at the odds Bitcoin’s creator could come back—and what it would mean if they did:

https://fortune.com/crypto/2024/03/07/bitcoins-black-swan-event-how-the-return-of-satoshi-could-pose-a-75-billion-threat/

Fortune Bitcoin’s black swan event: How the return of Satoshi could pose a $75 billion threat | Fortune Bitcoin just made an enormous comeback. Will Satoshi Nakamoto?

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Post #73 7.26K Mar 7, 2024, 16:23 UTC

The world’s largest and scandal-ridden crypto exchange today unveiled Crypto, its own luxury scent “blending finance with fragrance,” according to a statement:

https://fortune.com/crypto/2024/03/06/smells-like-crypto-binance-drops-perfume-that-blends-finance-with-fragrance/

Fortune Smells like crypto: Binance drops perfume that blends ‘finance with fragrance’ | Fortune The world's largest crypto exchange today unveils Crypto, its own luxury scent “blending finance with fragrance."

Post #72 6.05K Mar 6, 2024, 17:54 UTC

Crypto has been a main area of focus for several of the Gulf countries, especially the emirates of Dubai and Abu Dhabi, which saw an opportunity during the pandemic to pitch themselves as digital asset hubs:

https://fortune.com/crypto/2024/03/06/dubai-crypto-saudi-vara-blockchain-regulation-mena-middle-east/

Fortune The Middle East is pitching itself as the future of crypto. Will companies follow? | Fortune From sovereign wealth funds to regulators, Gulf countries are establishing a digital assets hub in the Middle East.

Post #71 5.17K Mar 5, 2024, 19:36 UTC

A Donald Trump–themed, MAGA memecoin (TRUMP) has surged more than 700% over the last month, according to CoinGecko data, reaching a market cap of almost $500 million:

https://fortune.com/crypto/2024/03/04/trump-maga-coin-meme-nft/

Fortune Trump memecoin nears $500 million market cap as MAGA frenzy collides with latest crypto boom | Fortune A Donald Trump–themed memecoin has surged more than 700% over the last month, reaching a market cap of almost $500 million.

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Post #70 4.86K Mar 4, 2024, 18:06 UTC

As the legal debate continues over whether sales of cryptocurrencies constitute securities, all eyes have been on a court case involving a Coinbase employee sharing insider information with his brother and a friend. While the main defendant, former Coinbase employee Ishan Wahi, and his brother have reached settlements with both the Department of Justice and the Securities and Exchange Commission, the friend—Sameer Ramani—remains at large:

https://fortune.com/crypto/2024/03/03/sec-coinbase-insider-trading-kraken-howey-binance-ripple-terra/

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Post #69 17.5K Mar 1, 2024, 19:03 UTC

Bitcoin’s price—above $63,000 on Thursday—has reached heights not seen in two years, but the coin’s upcoming halving event could push prices down to $42,000, according to analysts at JPMorgan:

https://fortune.com/crypto/2024/02/29/bitcoin-correction-jp-morgan-april-halving/

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Post #68 16.2K Jan 11, 2024, 17:40 UTC

The SEC's approval of Bitcoin ETFs is a bullish outcome for the long term. What happens in the short term is much harder to predict:

https://fortune.com/crypto/2024/01/11/bitcoin-goes-public-what-the-etf-victory-means-and-what-comes-next/

Fortune Bitcoin goes public: what the ETF victory means and what comes next | Fortune The SEC's approval of Bitcoin ETFs is a bullish outcome for the long term. What happens in the short term is much harder to predict.

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Post #67 8.49K Jan 9, 2024, 18:49 UTC

Even if you have no interest in crypto, the current frenzy around Bitcoin ETFs is interesting purely as a matter of competitive strategy.

There is a brand new market up for grabs that will be worth billions—perhaps trillions—and at least 13 companies are vying to get a piece of it:

https://fortune.com/crypto/2024/01/09/bitcoin-etf-companies-first-to-launch/

Fortune The new Bitcoin ETF industry can't have 13 winners. So who will lose? | Fortune The biggest wild card in the mix is Grayscale, whose high fees could quickly erode its early advantages.

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Post #66 12.2K Nov 14, 2023, 17:17 UTC

As Sam Bankman-Fried awaits his prison sentence, the spotlight has shifted to "Barb and Joe:"

https://fortune.com/crypto/2023/11/13/sam-bankman-fried-awaiting-sentence-parents-joseph-and-barbara-civil-charges/

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Post #65 11.9K Nov 3, 2023, 17:42 UTC

A 12-person jury found Sam Bankman-Fried guilty of seven counts on Thursday, the culmination of a year-long criminal proceeding following the November 2022 collapse of the crypto exchange FTX:

https://fortune.com/crypto/2023/11/02/sam-bankman-fried-verdict-trial-ftx-fraud-jury-sdny/

Fortune FTX founder Sam Bankman-Fried found guilty of all charges in ‘one of the biggest financial frauds in American history’ | Fortune Sentencing is scheduled for March. He could face decades in prison.

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Post #64 9.83K Oct 27, 2023, 17:56 UTC

Sam Bankman-Fried stumbles through cross-examination—and he wasn’t even in front of the jury:

https://fortune.com/crypto/2023/10/26/sam-bankman-fried-cross-examination-stumble-ftx-jury-fraud-trial/

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About this channel

How can I read @fortune without a Telegram account?: TGViewer shows the public web preview Telegram publishes for Fortune: recent posts, photos, videos and the subscriber count, with no app, login or account.
How many subscribers does Fortune have?: Fortune (@fortune) has 3.08K subscribers on Telegram, refreshed roughly every 30 minutes.
Does Fortune know I viewed it here?: No. Public channel previews carry no viewer identity, and TGViewer has no accounts or tracking of what you look up.