Tales from the crypto: An exchange implodes

Tales from the crypto: An exchange implodes

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Tales from the crypto: An exchange implodes
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At the start of this week, FTX was the world’s third-largest crypto exchange. After rumours of illiquidity swirled, customers pulled $6bn in assets. It now reportedly faces an $8bn shortfall, and the contagion is spreading. The Sama-Bajau have fished the same waters for centuries ...  Show more

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With the collapse of one of its largest exchanges, crypto’s having its very own Lehman Brothers moment. Semafor’s Liz Hoffman explains the repercussions for the real world. This episode was produced by Miles Bryan and Amanda Lewellyn, edited and fact-checked by Matt Collette, eng ...  Show more

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