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FedCoin: It Starts With A Trial Run – This Could Be The Demise Of The Free World – What Do you Think?

November 19, 2022 Mariel Alumit

ENB Pub Note: Personally, this could be the end of the ability of anyone to own property, eat, or live without the government telling you what and how to live your life. How did FTX […]

FTX
Crypto

‘This situation is unprecedented’: 10 crazy things detailed in FTX’s bankruptcy filing

November 18, 2022 Mariel Alumit

On Thursday, John Ray, III, the new CEO of FTX, dropped a long-awaited declaration in U.S. bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankruptcy-court filing followed a […]

FTX
Crypto

FTX Collapse Is Generating Liquidity Pressures At Other Crypto-Firms

November 18, 2022 Mariel Alumit

More cryptocurrency companies are coming under liquidity pressures, as the fallout from the FTX exchange’s collapse begins to spread. Presently Gemini, the exchange founded by the Winklevoss twins, is experiencing a rush on withdrawals. Blockchain […]

Crypto

Where Crypto Went Wrong

November 16, 2022 Mariel Alumit

Authored by Charles Hugh Smith via OfTwoMinds blog, You want to fix the world with finance? Then fix this: wages’ share of a financialized, globalized, speculative-bubble dependent economy have been falling for decades. Fix this […]

Binance
Aljazeera International

Binance CEO says crypto sector needs clear and stable regulations

November 14, 2022 Mariel Alumit

Changpeng Zhao, chief executive of dominant cryptocurrency exchange Binance, has called for new but stable and clear regulations for the industry in light of recent developments and participants “cutting corners”. “We’re in a new industry, […]

Ukraine, a Ponzi Scheme, and a Top Democrat Donor Raise Serious Questions
Crypto

Ukraine, a Ponzi Scheme, and a Top Democrat Donor Raise Serious Questions

November 13, 2022 Mariel Alumit

As RedState reported, crypto-exchange FTX collapsed after its much-lauded founder, Sam Bankman-Fried, appeared to make improper transfers of customer money. Somewhere between $1-2 billion of that amount has now gone missing and Bankman-Fried also has disappeared. […]

Crypto

Sam Bankman-Fried Bought Into Stakeholder Capitalism And Proved It’s A Disastrous Ideology

November 12, 2022 Mariel Alumit

While many analysts and economists will be talking for months about the epic downfall of crypto-exchange company FTX and its founder Sam Bankman-Fried, their focus will be primarily on the billions lost, the mismanagement of […]

Crypto

Andreessen Horowitz Raised A $2.2 Billion Crypto Fund Just Months Before The Crash

October 28, 2022 Mariel Alumit

Andreessen Horowitz’s timing in investing in the crypto world arguably couldn’t have been worse. The firm, widely known as a major crypto bull, was the topic of a new Wall Street Journal piece this week […]

Crypto

Crypto Adoption Continues: Mastercard To Debut Product To Help Buy Digital Assets Through Bank Accounts

October 17, 2022 Mariel Alumit

Dare we say the adoption of crypto looks like it is…accelerating? Mastercard is now joining the ranks of a number of other major institutions now playing a role in helping plug crypto into the mainstream, […]

Crypto

Stocks Fall, Ethereum Merges, And Oil Drops The Daily Financial Trends

September 16, 2022 Mariel Alumit

US stocks fell amid back and forth trading Thursday as investors processed corporate headlines. The S&P 500 fell 1.1%, the Dow Jones Industrial Average dropped 170 points to fall 0.6%, and the Nasdaq dropped 1.5%. […]

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