Page 12 - Eric Newcomer News Today

The embarrassing investor meltdown surrounding Silicon Valley Bank should drive us to consider new models.

New tools, new roles, and new business relationships are reshaping EA as a facilitator of digital transformation rather than a hindrance.

Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon.

The All-In podcast is an infuriating, fascinating safe space for Silicon Valley’s money men.

Substack is having a moment again as the startup has amped up its existing product while other social media sites are struggling.

Future.com hasn't published an article in months, and most of its editorial staffers have quietly left.

Crypto exchange Binance has reportedly backed out of its plans to acquire rival platform FTX leaving the firm on the brink of collapse. In a rambling Twitter thread that attempts to explain the current state of FTX, CEO Sam Bankman-Fried wrote, "I'm sorry. That's the biggest thing. I fucked up, and should have done better."

A crypto exchange company that became one of the largest Democratic donors was sold Tuesday after seeing nearly $6 billion in withdrawals, according to Fox News.

Crypto exchange Binance has reportedly backed out of its plans to acquire rival platform FTX leaving the firm on the brink of collapse. In a rambling Twitter thread that attempts to explain the current state of FTX, CEO Sam Bankman-Fried wrote, "I'm sorry. That's the biggest thing. I fucked up, and should have done better."

Co-founder of the crypto exchange FTX Sam Bankman-Fried, who donated $37 million to Democratic candidates ahead of the 2022 midterm elections, saw $6 billion in withdrawals by Tuesday.