FTX lent over half of its customer funds to affiliated trading firm: WSJ
admin Embattled crypto exchange FTX, once the third-largest crypto exchange by trading volume, reportedly lent more…
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Sam Bankman-Fried takes blame for FTX liquidity issues: ‘I fucked up’
Crypto exchange FTX is undergoing significant liquidity issues, and CEO Sam Bankman-Fried “asked for help”…
Read MoreHow a Connecticut pharmacist went from $230,000 in debt to $0 and changed his entire life
To get out of more than $230,000 of debt, Ludwig Rosiclair had to get rid…
Read MoreFTX-Binance ordeal has not shaken venture capital confidence in crypto industry
Venture capitalists and investors are rethinking what it means to invest in crypto companies after…
Read MoreA ‘cascade of margin calls’ deleveraging, crypto failures and bitcoin at $13,000 are likely amid FTX fallout
A “new wave of crypto deleveraging” is likely under way, with bitcoin itself poised to…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 7,000 to 225,000 in the week ended November 5,…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 5,000 to 225,000 in the week ended November 5,…
Read MoreCrypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Markets probably didn’t need another more brick on the 2022 wall of worries, but got…
Read MoreSequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside
“We are in the business of taking risk. Some investments will surprise to the upside,…
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New homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more…
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