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Tom Brady’s crypto partner, FTX, files for bankruptcy

Tom Brady may be saying WTF in Germany, as he realizes that FTX has imploded.Brady became a brand ambassador of the crypto exchange in 2021, receiving equity in the company and cryptocurrency as part of the deal. He promoted FTX on social media, and starred in a...

FTX lesson: Crypto needs the press, the press needs crypto

CoinDesk played a central role in this week’s FTX meltdown, following our coverage of Alameda Research’s suspect balance sheet last week. But the crypto industry’s maturation and eventual success requires that we flesh out these unstable structures and bad...