CoinDesk Indices Managing Director JodieGunzberg joins CNBC Crypto World with PippaStevens13 to discuss Wall Street executives who made the jump to crypto.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin holds above $17,000, and FTX contagion spurs more crypto layoffs: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, FTX customer Evan Singh Luther says he has $2 million dollars stuck on the crypto exchange and reacts to Sam Bankman-Fried's first public statements on video since its collapse.
Read more »
Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 BillionSignature Bank plans to reduce its crypto-related deposits by as much as $10 billion, the company's CEO said Tuesday, emphasizing that the Wall Street bank is 'not just a crypto bank.' HeleneBraunn reports
Read more »
2023 CMC Crypto Playbook: Crypto Journalism in 2022 — Where We Started, and Where We’re Going by ACJR | CoinMarketCap[CMC Playbook] A crypto journalism report by ACJRnetwork 🔎 2022 was a year full of crypto drama 👀 2023 will hopefully be a year with less crypto war zone reporting & the time when the mainstream media find it necessary to include the crypto beat.
Read more »
Why Decentralized Crypto Platforms Are Weathering the CrashIn the past year, crypto markets dropped from $2.9 trillion in value to around $800 billion. In the wake of the collapse, crypto lenders and exchanges have been accused of fraud and other wrongdoing. What went wrong? One factor is competition. In theory, competition should always benefit consumers. But in some situations, as competition intensifies, companies hide underlying costs and risks in order to offer attractive products and win customers. Because it’s so easy to move assets in crypto, competition incentivized this practice, and a lack of transparency in centralized crypto finance allowed unproductive companies to thrive by offering products that appeared attractive in the short run but were unsustainable in the long run. Unfortunately, these companies amassed significant assets before their business models eventually unraveled. This problem hasn’t affected all crypto markets, however: decentralized exchanges, which have more transparency, have held up while centralized exchanges have flamed out. Though generally smaller and less advanced than centralized exchanges, these decentralized protocols may offer a way forward for crypto markets.
Read more »
Inside The Wall Street Journal amid a potential editor shakeupInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »