FTX Big Boss Says Damaging Part Of Crypto Calamity Is Over
The CEO of FTX, one of the world’s largest crypto exchanges, said the most damaging part of the ongoing cryptocurrency turbulence that sent tokens plunging and triggered the downfall of a number of major companies, has likely passed. In recent weeks, FTX big boss Sam Bankman-Fried has become crypto’s lifeline, supplying badly needed funding to crypto companies that […]
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Hugo Boss has recently partnered with Imaginary Ones, an esteemed Web3 firm, with its quest to jump into the NFT and Metaverse bandwagon. Evidently, Hugo Boss is set to roll out its first-ever NFT collection dubbed the HUGO x Imaginary Ones, and this collaboration with Imaginary is set to give the world-class fashion brand a […]
Bitcoin has proven to be a long-term play which means nations can no longer ignore the impact of the cryptocurrency on the economy. One way that nations have responded to this has been through regulations. While some countries have implemented favorable laws for bitcoin, others have gone the route of trying to stop the digital asset. The United States skews towards the latter. The SEC has made several attempts to try to regulate the crypto industry, with SEC boss Gary Gensler commenting on what the regulatory body is doing to regulate the asset on several occasions. A growing concern now....
The entire world is in the midst of financial calamity unlike most alive have ever seen. Is the middle of the bear market the time to sell your bitcoin?
Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX. With claims of mismanaged customer funds and alleged government scrutiny, Binance, the largest cryptocurrency exchange in the world, […]
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt with – and rather quickly.” Jamie Dimon’s Letter to JPMorgan Shareholders Says Banks Need to Focus on the Future Jamie Dimon has written a comprehensive letter to shareholders about the....