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author

Article by Steven Stradbrooke

Binance boss sparks run on FTX’s bank, vows no make-up sex
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8 November, 2022

Binance boss sparks run on FTX’s bank, vows no make-up sex

Should SBF go down in flames because CZ caused a run on FTX’s underfunded bank, we should expect SBF to...
Coinbase surviving on USDC interest as YTD losses top $2 billion
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7 November, 2022

Coinbase surviving on USDC interest as YTD losses top $2 billion

The lone bright spot on Coinbase’s subscription and services chart was interest income, which shot up 213% to $101.8 million,...
Block pins net losses on BTC’s fading consumer demand
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4 November, 2022

Block pins net losses on BTC’s fading consumer demand

Block's gross profits rose 38% to $1.57 billion, but expenses rose by nearly one-half, resulting in a net loss of...
Tether mints, FTX liquidates, Alameda pads balance sheet
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3 November, 2022

Tether mints, FTX liquidates, Alameda pads balance sheet

U.S. Attorney’s Office for the Southern District of New York (SDNY) had assigned Attorney Damian Williams to kickstart the DoJ’s...
MicroStrategy’s Saylor struck by Lightning, and possibly a blunt object
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2 November, 2022

MicroStrategy’s Saylor struck by Lightning, and possibly a blunt object

MicroStrategy's three-month revenue suffered a 2.1% slump from last year as the BTC token, which founder Michael Saylor heavily bet...
Meta investors panic as Zuckerberg doubles down on Metaverse
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31 October, 2022

Meta investors panic as Zuckerberg doubles down on Metaverse

Meta's shares tumbled after the release of its Reality Labs financial report, which saw an operating loss of $3.67 billion...

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