The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals. Read more
Tag: Lost
Who is Sam Bankman-Fried, the FTX CEO who lost billions in crypto?
Sam Bankman-Fried, or SBF as he’s known, is in the news because of the liquidity crisis his FTX crypto exchange is facing and the billions of dollars he’s suddenly lost. Read more
Biden lost temper with Zelensky during summer when Ukrainian president asked for more aid: report
President Joe Biden lost his temper with Ukrainian President Volodymyr Zelensky when Zelensky asked for more aid for his country during a June phone call, according to a CNBC report Read more
Matt Damon crypto ad turns one. How much you would’ve lost if you invested then
Remember that Crypto.com commercial titled, “Fortune Favors The Brave” that featured movie star Matt Damon? In case you don’t, here’s a refresher. Damon did a now-infamous commercial for the cryptocurrency Read more
A rash of lost, delayed, misplaced, damaged and burgled bags: Read this if you want to vacation with your luggage
This article is reprinted by permission from NextAvenue.org. Wendy Carroll has had airlines lose her luggage more than once. Most recently, workers forgot to remove her suitcase from the hold in Read more
Netflix lost streaming crown to Disney. Here’s how execs expect to win it back.
Disney+ sprinted past Netflix Inc. for the mantle of most-popular streaming service this year, and executives at Netflix are in serious damage-control mode. On Thursday, Netflix NFLX, +1.03% announced an Read more
Trump decided months before the election to declare victory if he lost: Jan. 6 hearings
The Select Committee investigating the January 6, 2021 attack on the U.S. Capitol is holding what is likely to be its last hearing on Thursday after months of televised proceedings. Read more
Opinion: The Fed must act tough now to restore the credibility that it lost in a moment of weakness
CAMBRIDGE, England (Project Syndicate)—Financial markets’ reaction to the Federal Reserve’s latest policy move was reminiscent more of developing countries than of the world’s most powerful economy. Given that the Fed Read more
Kyrie Irving says he lost ‘$100-something million deciding to be unvaccinated’
Brooklyn Nets star Kyrie Irving has hit some of the biggest shots in NBA history, like his step-back 3-pointer that led to a 2016 NBA championship. But now the shot Read more
Fed’s Bostic says central bank hasn’t lost credibility with the public
The Federal Reserve hasn’t lost credibility with the broader public beyond Wall Street, Atlanta Fed President Raphael Bostic said Monday. “I’m heartened as I go around [my] district [that] people Read more