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

Eight Days Into FTX's Bankruptcy Blow Up
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It’s been another unprecedented week in the crypto ecosystem. Fast moving information and news about digital assets has kept coming as the market struggles with the repercussions of FTX declaring bankruptcy and the resignation of former CEO Sam Bankman-Fried. Events continue to u ...  Show more

The FTX cryptocalypse
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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

Why The FTX Collapse Shook The Bahamas
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It’s been three months since one of the most influential crypto exchanges collapsed into bankruptcy. FTX’s demise brought with it a wave of financial uncertainty and distress in the crypto industry. But it also had an effect on the small islands where the crypto exchange had esta ...  Show more