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” 5 tips for investing during a global recession “ The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions. Option #1: Save cash There’s no shame in sitting on the sidelines and saving cash…
” What is spot trading in crypto and how does it work? “ Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling…
” Lessons we learned from the Terraform-FTX implosions “ In May 2022, Terraform Labs’ LUNA cryptocurrency and TerraUSD (UST) stablecoin collapsed, triggering a massive shock in the crypto industry. Six months later, the bruised industry took another hammering as one of the largest cryptocurrency exchanges, FTX, filed for bankruptcy protection and billions of dollars of…
” FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’ “ Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX. According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash equivalents.” However, the company added that this ratio fell well…
” Amber Group ditches expansion plans after denying insolvency: Report “ Cryptocurrency trading firm Amber Group is putting its expansion plans on hold despite the FTX contagion having “no disruption” to its daily operations, according to a senior executive. Amber has scrapped plans to expand in Europe and the United States as a consequence of…
“Leaders try to fix every problem — like poverty and education — but end up getting nothing done” In 2015, the world’s leaders attempted to address the major problems facing mankind by setting the Sustainable Development Goals — a compilation of 169 targets to be hit by 2030. Every admirable pursuit imaginable, in some real…
” GameStop to drop crypto efforts as Q3 losses near $95M “ Gaming retailer GameStop says it will no longer focus any efforts on cryptocurrencies, after amounting $94.7 million in net losses in the third quarter and laying off staff from its digital assets department. On a Dec. 7 earnings call GameStop CEO, Matt Furlong,…
” BlockFi employees were discouraged from describing risks in internal communications: Report “ Following BlockFi’s Chapter 11 bankruptcy filing at the United States Bankruptcy Court for the District of New Jersey, reports have surfaced about the crypto lending company’s risk assessment and management culture. According to Forbes, as early as 2020, the company culture discouraged…
” Binance US eliminates trading fees for Ethereum “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more…
” Zodia Custody launches service to protect users’ crypto from exchange insolvency “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you…