FTX and Sam Bankman-Fried: Your Guide to the Crypto Crash

[ad_1] Markets The founder of FTX was the paragon of crypto, then the cautionary tale. This guide will help you understand what happened. [ad_2] Source link

Tether to Phase Out Lending of Its Own Coins to Customers

[ad_1] Markets Currencies Cryptocurrency The rapid growth of Tether’s lending program raised concerns about its ability to meet redemptions in a crisis [ad_2] Source link

Investors Are Losing Faith in Cathie Wood’s ARK Innovation

[ad_1] The ETF founder is seeing a drop in large holdings such as Tesla and Zoom. [ad_2] Source link

China Props Up Belt-and-Road Borrowers Via Unusual Channel

[ad_1] World Asia China People’s Bank of China uses currency-swap lines to support governments that borrowed heavily from Chinese banks [ad_2] Source link

Binance Is Trying to Calm Investors, but Its Finances Remain a Mystery

[ad_1] The crypto exchange has begun releasing data to shore up investor confidence following the collapse of FTX. [ad_2] Source link

Opinion | A New Financial Threat Emerges in Foreign-Exchange Swaps

[ad_1] Years of easy monetary policies have helped to produce some $65 trillion in hidden dollar debt around the world. [ad_2] Source link

Rivals Worried Sam Bankman-Fried Tried to Destabilize Crypto on Eve of FTX Collapse

[ad_1] Markets Currencies Cryptocurrency ‘Stop trying to depeg stablecoins,’ Binance’s Changpeng Zhao wrote in a chat to the FTX founder [ad_2] Source link

The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?

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Opinion | A Weak Yen Is Dragging Japan Down

[ad_1] Despite strengthening relative to the U.S. dollar in recent weeks, the currency’s real value is at a 50-year low. [ad_2] Source link

Opinion | The Future of Cryptocurrency after FTX and Sam Bankman-Fried

[ad_1] Opinion Future View Students discuss the fallout from the trading platform’s meltdown. [ad_2] Source link