Tales from the crypto: An exchange implodes

Big oil firms keep one part of their business hush-hush: trading. Amid an almighty oil shock, the majors’ trading arms are raking it in. But competition is mounting. We look at the Trump administration’s messy attempts to regulate frontier AI models, and how that may cost America ...  Show more

Government help was thin on the ground just after the country’s worst quakes in a century. The America-backed regime is thus on literal and figurative shaky ground. A food-delivery robot trial in England represents the future of the service. And why Harlan Coben’s proliferating t ...  Show more

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

Sequoia Capital plans to move deeper into cryptocurrency markets and has earmarked at least $500mn for investments in cryptocurrency assets, and a global financial regulator says that policymakers must act quickly to craft rules for digital asset markets. Plus, the FT’s Moscow ...

With bitcoin breaking below crucial support and a look at how influencers are using crypto to engage more actively with their fans, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava.  Today's Stories: Bitcoin Worth $670M Leaves Cen ...  Show more

It has been called one of the <a href="https://www.economist.com/finance-and-economics/2023/11/03/sam-bankman-frieds-downfall-is-complete?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article ...