In just a matter of days, FTX founder Sam Bankman-Fried went from crypto white knight to villain. His billion-dollar fortune has collapsed, making it one of the most shocking and sudden financial implosions in modern history. He is facing multiple investigations […]
Oil Yesterday’s bullish triggers for oil prices were quickly undone today. Oil prices declined after flows from the Druzhba pipeline resumed and preliminary analysis of the missile that killed two in Poland was likely an errant missile fired by Ukraine’s defense system. It looks like we aren’t seeing an immediate escalation from the Russians and […]
The fallout over the collapse of cryptocurrency exchange FTX continues. On Friday, the embattled company filed for Chapter 11 bankruptcy protection, noting that...
Use Nanonets’ Accounts Receivable workflow template to maintain a healthy cash flow with timely payment reminders, streamlined payment collection, and updated financial records.
On Tuesday (15 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), was affected what the ripple effects of the collapse of FTX would be. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase […]
The fall of FTX last week will have “cascading effects” on the broader cryptocurrency industry with more companies possibly going belly up in the coming weeks, Changpeng Zhao (CZ), CEO
Key Takeaways
Visa has announced that it will break off its partnership with FTX following the exchange's collapse.
Elsewhere, BlockFi said that it will continue to...
Annie Laura Smith, Former Learning Skills Specialist, University of Texas, DallasAnnie Laura Smith was a Learning Skills Specialist at the University of Texas in...