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Tag: bitcoin

Posted on 12/11/2022

Crypto Markets Buckle as FTX Bankruptcy Spurs Search for Casualties

It’s a really, really challenging backdrop.” The failure of Sam Bankman-Fried’s crypto empire -- a week ago arguably the industry’s highest-profile and best-respected company -- is shaking the ...

Posted on 12/11/2022

Before his epic fall, Sam Bankman-Fried was hailed as a crypto genius. Some clients saw smoke and mirrors.

Three people who did business with Bankman-Fried and his companies in recent years told NBC News that they lost money in what they contend were manipulative trading activities.

Posted on 12/11/2022

FTX’s fortunes fell off a cliff in a matter of days. Here’s what experts think the company’s fiasco could mean for the future of crypto.

Fried's crypto exchange, FTX, may spur action toward industry regulation and should be a warning to investors.

Posted on 12/11/2022

FTX Is Dead But Don’t Dance on Crypto’s Grave Just Yet

Following the collapse of his crypto exchange FTX and his Alameda Research trading house, his assets in Bermuda have been frozen by the authorities, he’s being investigated by the US Securities and ...

Posted on 12/11/2022

Crypto sell-off resumes as week-long FTX saga ends in bankruptcy filing

Cryptocurrencies resumed their sell-off on Friday morning as FTX announced it has filed for Chapter 11 bankruptcy in the U.S. Bitcoin fell 4% to $16,877.87, while ether lost 3.5% to $1,256.33, ...

Posted on 12/11/2022

FTX assets frozen by Bahamas regulator as crypto exchange fights for survival

Founder Sam Bankman-Fried races to find funds to fill multibillion-dollar hole in exchange ...

Posted on 12/11/2022

Tom Brady and Steph Curry’s Crypto Firm Is Bankrupt

FTX, one of the largest digital currency exchanges, filed for Chapter 11 bankruptcy on November 11th. This decision is one of the biggest setbacks for the young crypto industry, which wants to disrupt ...

Posted on 12/11/2022

Why the Bank of Japan is in a race against time with the bond vigilantes until March: veteran trader

Yahoo Finance's Jared Blikre sits down with Founder and CEO of TheMacroCompass.com, Alfonso Peccatiello, as they discuss the Bank of Japan.

Posted on 11/11/2022

Inside the epic crypto collapse of FTX—and how it hurts Tom Brady, Steph Curry and Joe Biden

Gisele Bündchen, Tom Brady, Steph Curry, Naomi Osaka, Shohei Ohtani, Aaron Jones and Joe Biden and the Democratic Party could also lose big in the downfall of FTX and crypto guru Sam ...

Posted on 11/11/2022

REGULATOR WANTS FTX JAPAN TO HALT CRYPTO ASSET EXCHANGE BUSINESS AND STOP ACCEPTING NEW CUSTOMERS UNTIL DEC. 9, 2022 EFFECTIVE IMMEDIATELY – COINDESK

REGULATOR WANTS FTX JAPAN TO HALT CRYPTO ASSET EXCHANGE BUSINESS AND STOP ACCEPTING NEW CUSTOMERS UNTIL DEC. 9, 2022 EFFECTIVE IMMEDIATELY - COINDESK ...

Posted on 11/11/2022

Why Bitcoin and Crypto Are in Crisis Today

The crypto industry has been shaken by an unprecedented crisis, which has struck down one of the most influential players.

Posted on 11/11/2022

Crypto peaked a year ago — investors have lost more than $2 trillion since

In the 12 months since bitcoin peaked at over $68,000, the crypto trade has unwound, sending many coins to zero and hedge funds and lenders into bankruptcy.

Posted on 11/11/2022

Burned by Crypto? Don’t Learn the Wrong Lesson

It’s not that the market for digital currencies was rigged, it’s that no financial market can offer those kinds of staggering gains without huge risk.

Posted on 11/11/2022

The Week in Numbers: inflation relief, crypto chaos

STORY: From a pleasant surprise, at last, on inflation, to a fresh meltdown for cryptocurrencies, this is the Week in Numbers. First up…7.7% was the U.S. inflation rate in October. That was below ...

Posted on 11/11/2022

FTX investors fear their money is lost as crypto company collapses

Since 1990, the Ontario Teachers Pension Plan has managed hundreds of billions of dollars in assets for nearly 200,000 education workers, holding stakes in traditional investments from airports to ...

Posted on 11/11/2022

Can US$15 billion climate finance deal nudge Indonesia to ditch coal?

Under the just energy transition partnership, the US and Japan would give at least US$15 billion to help Indonesia accelerate efforts to shift away from the fossil fuel.

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