Articles by tag: FTX

Why Cryptocurrency’s Security Concerns are Increasing Calls for Self-Regulation?

Self-Regulation

With the collapse of the FTX exchange and one of its founders, the concerns surrounding the regulation of cryptocurrency have overtaken talks about its security. Currently, cryptocurrency is “regulated,” but the lack of uniformity in its regulation has left much to be desired about its safety, particularly for consumers. But self-regulation may be a solution…

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Crypto Association Calls for Urgent Industry Action

The Global Digital Asset and Cryptocurrency Association published an open letter pleading with companies to better the industry for both companies and consumers. In this letter, the Global DAC cites customers with worthless claims, companies crumbling and general malpractice and immediate needs that need fixing across the crypto industry. Gabrielle Kusz, CEO at the Global…

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BlockFi Bankruptcy Continues Crypto Investor Worries

After the FTX collapse, crypto lender BlockFi, followed suit filing for their own bankruptcy, with their largest unsecure creditor being owned $729 million according to Bloomberg. Crypto is currently in a bad spot and many investors are waiting for the next lender to file. However, this does not necessarily mean the crypto market is…

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Crypto Company Bankruptcy Saga Shows Exchanges Should Stop “Operating As Banks”

After a nuclear explosion of a collapse, FTX is now crypto history. However, the ramifications of its $32 billion bankruptcy and alleged fraud go beyond its four walls and SBF’s potential prison time. In both related and unrelated fashion, FTX is now the first of several companies to join the crypto company bankruptcy saga. Other…

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Crypto Industry Reaches a Crossroad

With the recent FTX crisis, many larger issues within the crypto industry as a whole have been brought to light. There has been limited regulation that has allowed for a lack of disclosure and checks & balances within the system. With the collapse of FTX, the market currently looks unstable and insecure which may…

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Is Today’s Biggest Crypto Story Even About Crypto?

The rapid downfall of cryptocurrency exchange FTX has piqued the interest of the world, but is it a crypto or even a regulation story? Or is it simply a cautionary tale of business mismanagement? There are many lenses from which to view the story from, with no consensus yet formed. Charlton Haupt, CEO of…

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The Push for Peer Regulation Post-FTX Crash

The collapse of crypto exchange FTX has unleashed a new wave of speculation in the digital market, as the fortune of FTX founder Sam Bankman-Fried went from nearly 16 billion dollars to zero in days. Raising serious questions about the structure of the crypto business model and also regulations what should investors make of the…

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data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

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On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

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modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

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semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

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The Fall of FTX Arena Highlights Big Risk in High-Profile Branding Partnerships
November 18, 2022

As the saying goes, the bigger you are the harder you fall. Well, FTX has fallen pretty hard over the past few weeks. A company that once was valued at over $30b is now nearing bankruptcy as deals continue to fall through for the crypto giant. The most recent of these implosions is the…

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Universities Reinforcing a Moral Code
November 18, 2022

As more companies come to light in the crypto space, it’s important for them to remain nimble, fast and decentralized – after all, that’s their whole business model. But recent examples of companies like trading platform FTX are making consumers ask an age-old question: Do they have a moral compass? And if so, who regulates…

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FTX Collapse Creating Chaos as Users Ask for Regulations
November 17, 2022

FTX nearing bankruptcy has sent much of the crypto industry into a tailspin. The company once had a $32b evaluation and is now headed towards extinction after Binance opted out of the acquisition. Simon Mak, Professor at Southern Methodist University in Dallas, TX, points out that these companies have sizable effects not only on…

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