Interesting take on #ftx potentially being created especially as a #scheme to #rob #crypto of any #value it has and back into the #traditional #finance #system https://www.zerohedge.com/crypto/alt-tak.. Very interesting read.
Looks like the #collapse of #ftx will cause #contagion across #crypto #coins according to #jpmorgan https://www.zerohedge.com/markets/jpmorg.. Worse still, given the fact that #traditional #finance are #invested in #crypto , this could even bleed across #markets too. Oh very dear.
#coinbase laying off 1,100 (18%) of #employees - I'm sure #crypto is doing fine and there is nothing to worry about: https://www.coindesk.com/business/2022/0.. Currently watching #bitcoin on #yahoo #finance and it looks like we might be below 21k for a while now: https://uk.finance.yahoo.com/quote/BTC-U.. And as for the rest, nothing is looking good in this.
Ouch, #insidertrading over at #coinbase - this is was you get without #regulation from #traditional #finance https://twitter.com/cobie/status/1513874..