One lesson of traditional finance that crypto is learning these days is: “If you’ve got a bazooka, and people know you’ve got
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Tech 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
Continue readingBinance and FTX, a one-night stand
Binance’s affair with FTX was just a one-night stand. After agreeing to take over FTX on Tuesday, Binance said it
Continue readingCrypto shock
The crypto world was shaken yesterday as Binance’s CEO, known as “CZ”, announced the acquisition of their competitor, and the third-largest crypto-exchange, FTX.
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