Tales from the crypto: An exchange implodes

The detainment of King Charles’s brother is almost without precedent in Britain’s long royal history. He denies wrongdoing, but damage to “The Firm” is already assured. Saudi Arabia and the United Arab Emirates have fallen into a very public spat that may have grave implications ...  عرض المزيد

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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 ...  عرض المزيد

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 ...

A slump in tech is driving investors to <a href="https://www.economist.com/leaders/2023/03/02/the-tech-slump-is-encouraging-venture-capital-to-rediscover-old-ways?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.t ...

It promised a financial revolution - a liberation from money middlemen. But then the $3 trillion industry of cryptocurrency lost two thirds of its value in six months. So was it all a cult of personality? Or is the revolution still to come?

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