Founder and former FTX CEO Sam Bankman-Fried will not contest extradition to the U.S. in an about face just days after being remanded to Bahamas prison.
Binance.US will acquire the crypto assets and customer deposits of Voyager Digital in a $1.02 billion deal, weeks after a planned FTX-Voyager acquisition failed.
Bankman-Fried's swift fall from hero to villain of the crypto sector exposed a years-long fraud that traced back to FTX's launch in 2019, according to authorities.
The European Union on Monday issued Facebook parent company Meta with a list of objections over of its online classifieds business, Facebook Marketplace.
Fortnite publisher Epic Games will pay a $520 million fine in connection with violations of child privacy laws which exposed children to "dangerous" content.
The collapse of FTX, once a $32 billion exchange, has shattered investor confidence in crypto. CNBC looks at how it may reshape the industry in the long run.
Binance CEO Changpeng "CZ" Zhao brushed off questions about whether the exchange would be able to handle a potential $2.1 billion clawback of FTX funds.
Crypto exchange giant Binance, the firm that would potentially bail out FTX, is facing its own questions now, and investors are selling out of its native coin.
Accounting firm Mazars Group has suspended all work with its crypto clients, according to its former client and the world's largest crypto exchange, Binance.
Last year Marc Benioff, Salesforce's co-founder and CEO, said people could work very productively at home. Now he's saying newer employees are having issues.
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