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In a situation that has become far too familiar to cryptocurrency investors, the FTX cryptocurrency exchange recently filed for bankruptcy. As a result, customers have lost around $8 Billion. Although we have become accustomed to failures of cryptocurrency exchanges, FTX stands out because it was supposed to be the "good guy" of crypto. Celebrities and YouTubers alike eagerly promoted FTX, and many people saw FTX as a safe place to park their cryptocurrency. So, what went wrong, and more importantly, what does the FTX disaster mean for you and the future of crypto? #ftx #ftt #crypto
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In the weeks since the complete implosion of the FTX cryptocurrency exchange, it has become clear that billions of dollars worth of customer funds weren't the only casualty of this disaster. In addition to the massive loss of wealth, the market is flashing big red warning signs that customers' t ...
Contrary to popular belief, having a limited or fixed supply does not make a cryptocurrency or other asset inherently valuable. Rather, price is determined by both supply AND demand, and assets that are produced in small quantities (limited edition NFTs, deflationary cryptos) can still decline i ...
The Solana blockchain narrowly averted another network outage as cloud service provider Hetzner turned off 40% of the nodes with the flip of a switch. The issue isn't unique to Solana, and centralized providers host up to 70% of Ethereum's nodes. Cryptocurrency is built on the premise of decentr ...
Play-to-earn gaming (P2E) leverages blockchain technology to allow players to earn real-world rewards for simply playing their favorite video games. Play-to-earn gaming sounds like a utopia that pays players for having fun, but could there be a dark side to P2E gaming? In today's post, I'll disc ...
Penafian: Podcast dan karya seni yang dibenamkan pada halaman ini adalah daripada Part Time Economist, yang merupakan hak milik pemiliknya dan tidak bergabung dengan atau disokong oleh Listen Notes, Inc.
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