The story that is emerging about the collapse of Sam Bankman-Fried’s crypto exchange, FTX, and its affiliated trading firm, Alameda Research, is
Continue readingMonth: November 2022
Profit by shorting FTX? Not so fast
Imagine that you thought in early 2008 that subprime mortgages would be trouble, so you bought a large credit default
Continue readingBlockFi, FTX, and bankruptcy
One lesson of traditional finance that crypto is learning these days is: “If you’ve got a bazooka, and people know you’ve got
Continue readingTech layoff continues
It has been a hell of a year for tech industry. The trend of layoffs in the tech sector is
Continue readingAnother crypto downfall (maybe)
Genesis, the troubled cryptocurrency brokerage that was forced to suspend consumer withdrawals last week in the wake of crypto exchange
Continue readingAustralia: we are not doing Blockchain anymore
Well, it is more embarrassing to have anything to do with crypto today than it was two weeks ago. Two weeks ago,
Continue readingFTX story on screen
The $32 billion FTX implosion is already on the Hollywood fast track. Nonfiction superstar author Michael Lewis, who is famous
Continue readingIs inflation coming down?
Denting some of the recent enthusiasm seen after last week’s CPI report, Federal Reserve Governor Christopher Waller called the 7.7% inflation
Continue readingMeta layoff
The firing of 13% of Meta Platforms’ (META) workforce also brought the tech and economic outlook back into the spotlight.
Continue readingFTX Crypto empire in ruins
One of the biggest stories of the week has been the collapse of FTX International, or what some in the
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