Citadel Advantage News Digest - Issue #157

Read / Subscribe to the “Citadel Advantage News Digest” In this edition -

• Can Blockchain Technology Change Plagiarism Detection in Academia?
• Bernie Madoff's Lawyer to #FTX's Bankman-Fried: 'Shut Up!
• ChatGPT Explained in 5 Minutes
• The ‘Twitter Files,’ and other news from the bird app
• BIS warns of $80 trillion of hidden FX swap debt

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

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FTX Founder Sam Bankman-Fried on the Crypto Exchange's Collapse

FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers. This interview has been edited for length.

Citadel Advantage News Digest

Read / Subscribe to the “Citadel Advantage News Digest” 

In this edition -

• "CBDCs: a potential game-changer for treasurers"
• "Why Meta Dropped 70%"
• "Ex-FTX boss Bankman-Fried: 'I didn't try to commit fraud' "
• "Examining the revolution in mobile banking”

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

CHECK IT OUT HERE>>.

Why Meta Dropped 70%

Meta's dramatic fall from the top, and the reasoning behind it.

Working for Elon Musk: Ex-Employees Reveal His Management Strategy

“He has never said this, but I’ve watched it. You have 30 seconds to make your point.” 

What Elon Musk has been doing at Twitter since he took over the company isn’t new – he’s used the same management strategies when he took over Tesla and when he founded SpaceX. 

The Wall Street Journal spoke with three former employees to better understand Musk’s management playbook.

Here’s Why FTX Collapsed — And Why It Matters -The Mehdi Hasan Show

FTX, a $32 billion cryptocurrency company that was supposed to change the world, evaporated seemingly overnight in a “liquidity crisis.” In other words, all the money's gone. The New Republic’s Jacob Silverman, along with actor and crypto skeptic Ben McKenzie, join Mehdi to discuss FTX’s downfall.

How will businesses use the metaverse?

The metaverse could offer multi-trillion-dollar opportunities for businesses in the long term, with the potential to transform many aspects of daily life.