Description
Surprising to some, it turned out to be a decent month for crypto. Bitcoin rose almost 40% and some smaller coins did much better.
Speaking of risk taking: Wall Street firms are still keen on crypto, despite all of last year’s calamities. And a failed crypto lender known for its risk appetite, Celsius, just got some harsh criticism from its bankruptcy examiner. Bloomberg senior editor Anna Irrera and Bloomberg reporter Emily Nicolle join senior editor Philip Lagerkranser to discuss the latest digital asset trends of the week.
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Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billions of dollars were missing, and Sam was in handcuffs. Those who knew him were left wondering —...
Published 05/12/23
It’s been another wild week of financial mayhem connected to crypto. But this time the crisis focused on banks.
It started earlier this month [March], when Silvergate Capital shut down operations. The California-based bank serviced various crypto companies like Coinbase and Gemini. But its most...
Published 03/16/23