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Month: November 2022

Posted on 16/11/2022

FTX Collapse Sparks Calls to Jail “Bernie Madoff of Crypto”

The cryptocurrency exchange suddenly collapsed on November 8, leaving millions of investors reeling.Sam Bankman-Fried, 30, is by far the most hated man alive today. He has been dubbed the Bernie ...

Posted on 16/11/2022

The Easy Money Era is Over and the Crypto Bubble With It

The end of easy money has ushered in a vast re-think of how people invest. The technology sector has lost the most in the shuffle, particularly web3 companies in the crypto world. And while the most ...

Posted on 16/11/2022

BlockFi is reportedly preparing for layoffs and may file for bankruptcy as FTX’s implosion weighs on the the crypto lender

The Wall Street Journal reported Tuesday that the crypto lender is preparing for a potential Chapter 11 filing of its own, days after FTX filed.

Posted on 16/11/2022

Japan’s brand enablement platform AnyMind Group files for IPO

Tokyo-headquartered AnyMind Group, running its business mainly in Japan and other Asian countries, announced on Tuessday that its IPO application to list on the Tokyo Stock Exchange had been ...

Posted on 16/11/2022

Where does the FTX debacle leave Boston’s biggest crypto company?

A bad year for crypto turned into a rout with the bankruptcy of digital FTX last week. The collapse has shaken confidence in crypto markets and sent the price of ...

Posted on 16/11/2022

Crypto Market Stabilizes as Traders Weigh FTX Meltdown Fallout

Crypto markets stabilized Tuesday as investors grow hopeful that the fallout from FTX’s insolvency might remain somewhat contained.

Posted on 16/11/2022

Democrats Took His Shady Crypto Money. Will They Keep It?

Fried’s money was already a bit of a controversial subject. Now it’s looking downright scandalous. But Democrats aren’t speaking up.

Posted on 16/11/2022

FTX-driven crypto chaos exposes weaknesses but not another 2000 dot-com debacle

The bankruptcy of FTX is not expected to trigger another year 2000-type dot-com meltdown but instead expose weaknesses in the business models of cryptocurrency exchanges.

Posted on 16/11/2022

How to keep your crypto safe by moving it offline into your own wallet

Cold storage can protect your digital assets by taking them offline and harboring your crypto in a digital wallet. Here's how to set one up.

Posted on 16/11/2022

Japan’s economy unexpectedly shrinks from inflation and COVID-19

Japan's economy shrank for the first time in four quarters as inflation, a weak yen, and another COVID-19 wave have harmed the country.

Posted on 16/11/2022

Faulty sprinkler system floods 19-story Osaka building, halts COVID vaccinations

Multiple floors of a building in this city's Suminoe Ward were flooded by a malfunctioning sprinkler system on Nov. 15, forcing many business ... ( read original story ...)

Posted on 16/11/2022

Japan will reopen to international cruise ships for first time since the pandemic

Japan is lifting a ban on international cruise ships imposed following a coronavirus outbreak on the Diamond Princess. ( read original story ...)

Posted on 16/11/2022

Lifesaving changes: From demining Angola to calming traffic in Japan

Big problems can require multipronged solutions. In Japan, better train service and tiny cars helped bring down traffic fatalities. ( read original story ...)

Posted on 16/11/2022

Billionaire investor Charlie Munger says crypto is rife with fraud and delusion – and praises Elon Musk, calling Tesla’s success a ‘minor miracle’

Warren Buffett's right-hand man said investors are too eager to buy into the latest fad, and crypto's novelty meant regulators overlooked its dangers.

Posted on 16/11/2022

FTX-owned crypto exchange Liquid halts all withdrawals

The FTX-owned crypto exchange Liquid officially announced a suspension of fiat and crypto withdrawals on its Liquid Global platform.

Posted on 16/11/2022

Crypto Billionaires With $96 Billion Loss Add Distance From FTX

Their fortunes plummeting, crypto titans from Changpeng Zhao to the Winklevoss twins are eager to differentiate their businesses from the now-bankrupt exchange.

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