Showing posts with label cryptocrash. Show all posts
Showing posts with label cryptocrash. Show all posts

Wednesday 14 December 2022

‘This Company Was Uniquely Positioned to Fail:’ FTX Group CEO John Ray


Streamed live 14 hours ago. Watch coverage of a House Financial Services Committee hearing with FTX Group CEO John Ray following the arrest of former CEO Sam Bankman-Fried in the Bahamas.

Tuesday 13 December 2022

Sam Bankman-Fried Arrested in Bahamas After US Files Charges


Sam Bankman-Fried was arrested in the Bahamas. His detention followed a notification from the US that it had filed criminal charges against the disgraced co-founder and former head of digital-asset exchange FTX, according to the Bahamas attorney general.

Sunday 11 December 2022

Citadel Advantage News Digest - Issue #158

Read / Subscribe to the “Citadel Advantage News Digest” Issue #158 - In this edition -
  • Green Loans: A Fast-Track Method to Be a Banking ESG Leader
  • Cryptocurrency Exchanges, Regulation and Bank Runs: A Summary
  • The whole point of money is to NOT know your customer - Chris Skinner's blog
  • Just 8% of Americans have a positive view of cryptocurrencies now
  • 'Bank of Twitter': Is Elon Musk Spitballing Or Could It Really Work?
  • Why Crypto’s Crash Hasn’t Spilled Into Other Markets
  • Elon Musk Is Hiring Relatives at Twitter in Literal Nepotism
NEWS about World Affairs, Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Check it out HERE

Thursday 21 July 2022

Read the latest Edition (#130) of the Citadel Advantage News Digest

NEWS about Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…


Read the newsletter HERE

In this edition;

You can read/subscribe to the newsletter HERE

Tuesday 5 July 2022

What Happens If a Crypto Platform Such as Coinbase or Celsius Goes Bankrupt

When cryptocurrency lending platform Celsius froze user accounts amid a plunge in valuations, it sent ripples across the industry and raised questions about what happens to user assets if a crypto platform files for bankruptcy. WSJ’s Vicky Ge Huang explains.

Saturday 21 May 2022

Crypto's crash - why it matters

It has been a vicious year for financial markets, and more punishing still for crypto assets. The market capitalization of crypto has slumped to just $1.3trn, from nearly $3trn in November 2021. 

On May 18 bitcoin traded at around $29,000, a mere 40% of its all-time high in November; the price of ether, another cryptocurrency, has collapsed just as spectacularly. 

Six months ago Coinbase, an exchange and the leading crypto-industry stock, was worth $79bn. Now it is valued at just $14bn, and the firm is “reassessing its headcount needs”.

So, what the has gone wrong? Read the full story from The Economist HERE.
 
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