There's plenty for investors and observers of the U.S. economy to worry about these days: inflation spiking at the highest pace in 40 years, a land war on the continent of Europe, an aggressive Federal Reserve hiking interest rates and political deadlock in Washington.
Tuesday, April 12, 2022
Thursday, April 7, 2022
Cryptocurrency CEO to keep 1% of earnings, give away the rest
The co-founder and CEO of a Bahamas-based cryptocurrency exchange said he plans to give away the bulk of his fortune.
FTX CEO Sam Bankman-Fried, one of the richest people in the world, told Bloomberg on Sunday that he will keep 1% of his earnings each year, or about $100,000. Every other dollar – or Bitcoin – will be given away under the philosophies of "effective altruism" and "earning to give."
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