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, ...
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 ...
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 ...
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.
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 ...
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 ...
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.
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.
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.
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 ...
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 ...
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.
Fast fashion company SHEIN to open its first retail store in the world
The store will be be located in Tokyo's Cat Street Fast fashion company SHEIN to open its first retail store in the world Retail ...
SoftBank hit by $10bn loss despite Masayoshi Son’s defensive pivot
Masayoshi Son said he would step back from running day-to-day operations at SoftBank to “devote” himself to turbocharging the growth of UK chip designer Arm, which is owned by ...
The crypto world must be made safer for investors and users
The sudden collapse of the crypto exchange FTX raises serious questions about the state of the crypto ecosystem. Without serious changes in the way it works, it is hard to see how it could even become ...
Crypto is in chaos as FTX teeters on the verge of bankruptcy
In less than a week, a 30-year-old entrepreneur once hailed as a modern-day J.P. Morgan watched his digital empire, including billions of his own fortune, evaporate in a death spiral that's shaken the ...