FTX was a leading cryptocurrency exchange that went bankrupt in November 2022 amid allegations that its owners had embezzled and misused customer funds. Sam Bankman-Fried, the CEO of the exchange, was sentenced to 25 years in prison and ordered to repay $11 billion. The catalyst was a Nov. ...
"Barstool Rundown" Large Breaks Down What Went Wrong With FTX | Barstool Rundown - November 17, 2022 (Podcast Episode 2022) - Plot summary, synopsis, and more...
FTX gained national attention with its expensive Super Bowl ads this year featuring quarterback Tom Brady and comedian Larry David. In the Larry David ad, when the comedian is told that FTX is a "safe and easy way to get into crypto," he responds, "Eh, I don't think so — and I'm...
In 2018, armed with an Ethereum grant and a spark from Vitalik Buterin’s idea of an Automated Market Maker (AMM), he went to work. What Adams created was the blueprint for decentralized trading. Uniswap was born out of a desire to build something open, accessible, and unstoppable — ...
The Australia-based broker went into administration after it had transferred $23.4 million worth of its assets to FTX, just two weeks before the whole collapse happened in November 2022. Digital Surge managed to pull off a lucky escapewith a bailout plan; however, it did involve directors Dani...
If you assume a normal distribution centered around the threshold, it’s somewhat smaller than that.I went with the latter assumption, but not very rigorously. Caveats VO2max is measured per kg of total body weight, not lean weight. That means that if you lost 10% of your bodyweight via...
Stanford was once one of the world’s great universities, but now something has gone terribly wrong with the university.
and you needed to plan for it like it might just be the last job you ever did. We always suspected he’d robbed a few banks in his past, from the excruciating detail that went into every plan, right down to who drove the taxi-cabs that time of day and which way the water ran do...
A nation that is one of the world’s most mature democracies and prided itself on the quality of its governance ended up with one of the highest death tolls per capita of any big economy, its fumbling equalled perhaps only by the US. The first official report into what went wrong, a ...
Mackay went on to explain that the sailor, seeking zest for his fish, unwittingly pilfered not an onion, but a rare tulip bulb. Which was a problem because, in 1637, one of the strangest of all financial booms was taking place: the tulip mania, during which the choicest bulbs went for...