[ad_1] <br><div id=""><span class="program__page__source"><span class="video-program-source__from-label"> From: </span><a target="_blank" href="https://news.google.com/program/counting-the-cost/" rel="noopener"><span class="video-program-source__program-name"> Counting the Cost</span></a></span><p class="article__subhead css-1wt8oh6">Sam Bankman-Fried’s empire sank from a worth of $32bn all the best way to chapter.</p></div><div aria-live="polite" aria-atomic="true"><p>FTX has been thought of one of many most secure and most dependable exchanges of a freewheeling cryptocurrency trade, which needs to carry tokens into the monetary mainstream.</p> <p>However Sam Bankman-Fried’s $32bn empire collapsed nearly in a single day, highlighting the intense volatility of the digital currencies. The downfall has despatched shockwaves throughout the market and raised questions over its viability.</p> <p>He has apologised, however that has not helped a couple of million collectors who're probably now out of pocket.</p> <p>Elsewhere, we ask why are tech corporations shedding staff.</p> </div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMidmh0dHBzOi8vd3d3LmFsamF6ZWVyYS5jb20vcHJvZ3JhbS9jb3VudGluZy10aGUtY29zdC8yMDIyLzExLzE5L2Z0eC1jb2xsYXBzZS13aGF0cy1uZXh0LWZvci10aGUtY3J5cHRvY3VycmVuY3ktaW5kdXN0cnnSAXpodHRwczovL3d3dy5hbGphemVlcmEuY29tL2FtcC9wcm9ncmFtL2NvdW50aW5nLXRoZS1jb3N0LzIwMjIvMTEvMTkvZnR4LWNvbGxhcHNlLXdoYXRzLW5leHQtZm9yLXRoZS1jcnlwdG9jdXJyZW5jeS1pbmR1c3RyeQ?oc=5">Source link </a>
FTX collapse: What’s next for the cryptocurrency industry? | Crypto
[ad_1] From: Counting the CostSam Bankman-Fried’s empire sank from a worth of $32bn all the best way to chapter.FTX has been thought of one of many most secure and most dependable exchanges of a freewheeling cryptocurrency trade, which needs to carry tokens into the monetary mainstream. However Sam Bankman-Fried’s $32bn empire collapsed nearly in a single day, highlighting the intense volatility of the digital currencies. The downfall has despatched shockwaves throughout the market and raised questions over its viability. He has apologised, however that has not helped a couple of million colle