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Michael Lewis, the author of “The Big Short,” says the disgraced crypto entrepreneur was exploring the legality of such a move. Sam Bankman-Fried (aka SBF), founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, was considering paying Donald Trump $5 billion not to run for re-election. In an interview with CBS, Michael Lewis, the author of “The Big Short” and “Going Infinite: The Rise and Fall of a New Tycoon,” noted that SBF was not sure at the time whether that number came directly from Trump. However, the disgraced crypto entrepreneur was not worried about the number but about the legality of this move. “He [SBF] got one answer, yes. The question Sam had was not just, “Is $5 billion enough to pay Trump not to run,” but “Was it legal?” Michael Lewis. You might also like: FTX ramps up asset recovery ahead of Bankman-Fried’s trial According to an excerpt of Lewis’ forthcoming book ...

Donald Trump’s Crypto Holdings Raises Eyebrows The asset known as Trump’s “cryptocurrency wallet (Ethereum)” appears to be connected to a group of non-fungible tokens ( NFTs ) he started after leaving the White House. The NFTs , which resembled cartoon-style trading cards and included images of Trump in various attire, experienced great popularity in the marketplace, with two batches quickly selling out. advertisement The information casts doubt on Trump’s shifting position on cryptocurrency. He previously described cryptocurrencies as “a disaster waiting to happen” and dubbed Bitcoin a “scam,” which contrasts with his apparent engagement in the Ethereum-based NFT market. Trump said in a tweet in July 2019 that he was “not a fan of Bitcoin and other cryptocurrencies” and that their value was “based on thin air.” Speculation among observers is on whether Trump’s interest in Bitcoin...

A new Amazon documentary will explore NFT culture and aims to become the MTV of NFTs. NFTs and soulbound tokens define Web3 filmmaking, says director With Web3 making its way to various industries like filmmaking, one movie director believes that tools like NFTs and soulbound tokens — digital identity tokens representing a person or entity — can serve cinema in various ways. In an interview with Cointelegraph, Stephen Fung, director of the Web3 film project Departed Apes , shared his perspective on integrating Web3 tools into cinema. According to Fung, there are many potential intersections between Web3 and film, such as fan engagement in movies shown in the metaverse and film characters coming from the Web3 space. Continue reading… Amazon’s new series "NFTMe" explores NFT culture and disruption worldwide A new Amazon documentary series, NFTMe, explores NFT culture and how NFTs have disrupted industries. Artists, collectors, influencers and professionals are featured in th...