The crypto industry is still reeling from last week’s shocking death spiral of digital currency exchange FTX. The company’s bankruptcy filing has left financial backers in the lurch — including the usual suspects in Silicon Valley, from Masayoshi Son’s SoftBank to VC firm Sequoia. A few names on the list stand out, though. The Ontario Teachers Pension Plan was invested in the company.
The Fed delivers a confusing message US markets snapped a two-day rally and closed lower on Monday after Fed governor Christopher Waller warned that the endpoint for rate hikes by the central bank is “still a ways out there.” “We’re at a point where we can start thinking maybe of going at a slower pace,” Waller said at a conference organized by UBS in Australia. But he warned investors that the Fed was not softening its fight on inflation.
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im hoping they will be back in 2023🌝
Hoping 1 cryto = 1 penny someday
It will affect you if you sell your coins .
Death by laughter?
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Customers who trusted crypto giant FTX may be left with nothing | CNN BusinessAs the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can’t access their money can expect to get back from crypto exchange FTX. The answer may be zero, legal experts say. Will Bitcoin ever recover 👎 I think this is a big deal. It is likely to trigger a chain of large-scale bankruptcies. Amen Crypto the anti-sovereign Monopoly money wants to get saved by sovereign entities- now that’s an oxymoron! Just think you ran away from Govt to be controlled by unknown folks who don’t give a hoot
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Video: Is 'quiet quitting' over on CNN Nightcap | CNN BusinessInsider's senior correspondent Aki Ito tells 'Nightcap's' Jon Sarlin why a recruiter who embraced 'quiet quitting' is now back to working 50 hours a week and why 'quiet quitters' may now be losing their bargaining power at work. For more, watch the full Nightcap episode here. Why'd they steal the overwatch font? Quiet quitting isn't new. People have been doing this since jobs were invented. Sure thing corporate overlords.
Source: CNN - 🏆 4. / 95 Read more »
More Twitter mishaps, Meta cuts 11,000 jobs, FTX files for bankruptcy, and more business news ICYMIFacebook parent Meta is laying off 13% of its employees. Get more info on that and more recent business news here.
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Google agrees to $392 million settlement with 40 states over location tracking practices | CNN BusinessGoogle has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. Made how much selling the data? Just curious who gets the money? Oh state governments do? Sounds like extortion. Google dünya kullanıyor, cezayı ülkelere dağıtması lazım! Adalet tam olmalı!
Source: CNN - 🏆 4. / 95 Read more »