Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan.
FTX Collapse Shows How Important Trust Is
Bloomberg Opinion contributor Kyla Scanlon talks about the collapse of FTX and how the Bitcoin industry can rebuild trust with Wall Street and investors.
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FTX Collapse: How Did It Happen So Fast? | Bloomberg Crypto
“Bloomberg Crypto” covers the people, transactions, and technology shaping the world of decentralized finance. This week is all about the collapse of FTX and its founder Sam Bankman-Fried. Antonio Juliano, Founder & CEO of decentralized exchange dYdX, says decentralized finance will be bigger than centralized finance in 10 years. Mick Mulvaney, Former Acting Chief of Staff for President Donald Trump, says we might get decent piece of legislation in response to the FTX crisis.
00:00 welcome
01:00 bitcoin check
3:40 FTX fallout
8:00 DeFi vs centralized
15:00 regulating crypto
22:00 digital dollar
#bitcoin #ftx #binance #technology #finance #crypto #bankruptcy #cryptocurrency #defi #bloomberg #crypto #bankruptcy #ftx #markets
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FTX Collapse Could Also Bring Down Genesis
The collapse of Sam Bankman-Fried’s crypto empire has been swift and chaotic, leaving a group of bankruptcy experts to sift through the rubble. The bankruptcy of FTX is now moving through the courts. Bloomberg’s Sonali Basak is tracking it all.
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The FTX Collapse in One Minute #shorts
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Funds vanish at bankrupt crypto exchange FTX. Until recently, FTX was one of the world’s largest cryptocurrency exchanges. It was already short billions of dollars when it sought bankruptcy protection Friday and its former CEO and founder, Sam Bankman-Fried, resigned.
The unraveling of the once-giant exchange is sending shockwaves through the industry, with companies that backed FTX writing down investments and the prices of bitcoin and other digital currencies falling.
