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Capcom President Says ‘Game Prices Are Too Low’
26.9.2023
In comments this past weekend, Capcom president Haruhiro Tsujimoto asserted that video game prices are too low, pointing to the massive increase in development costs and how game prices haven’t risen at the same rate. He suggested that increasing the price of games would be a “healthy option”...
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
22.9.2023
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
7.6.2023
In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks...
This Crisis Will Define the Future of Money
17.3.2023
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
10.3.2023
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial institution...
Yuga Labs settles lawsuit with developer involved in copycat BAYCs
7.2.2023
The BAYC creators have settled with developer Thomas Lehman over his role in selling a copycat collection of BAYC NFTs
FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
26.1.2023
FTX lawyers, joint provisional liquidators of FTX.US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner
Was the fall of FTX really crypto’s ‘Lehman moment?’
7.12.2022
Lehman Brothers’ 2008 collapse nearly brought the world financial system to its knees. Does FTX really compare? Are such analogies even useful?
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
2.12.2022
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse...
U.S. Trustee: FTX was the 'fastest' corporate failure in American history, calls for probe
2.12.2022
The Department of Justice's U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’
1.12.2022
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with...
Twitter Spaces: Crypto’s Lehman Moment, What FTX Means for DeFi
18.11.2022
How will FTX’s collapse fuel the case for decentralized finance?
Bitcoin price may still drop 40% after FTX 'Lehman moment' — analysis
18.11.2022
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market
Bernstein: The Collapse of Crypto Exchange FTX More Like Enron Than Lehman
15.11.2022
The broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud
13.11.2022
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said the regulatory community ought to draw two lessons from the collapse of FTX. Larry Summers Compares...
FTX collapse: The crypto industry’s Lehman Brothers moment
11.11.2022
The collapse of FTX came as a surprise to many, but as more information pours in, it seems FTX's liquidity crisis began sooner than many thought
Pád burzy FTX otřásá kryptoměnami v základech, experti jej přirovnávají ke krachu Lehman Brothers
11.11.2022
Paniku investorů odstartovala uniklá data z účetních výkazů sesterského podniku, která odhalila, že většina kapitálu je složena z tokenů FTT vydávaných stejným vlastníkem
Bitcoin '6-8 weeks' from breakout as Hang Seng echoes Lehman Brothers dip
24.10.2022
Volatility is closing in, but traders may have to wait until the end of the year if history repeats itself, one analyst warns
2008 ‘Lehman Moment About to Hit’ — Major Banks Suffer; How to Access Your ETHW, ‘No Digital Dollar Act,’ Sega Blockchain Game — Bitcoin.com News Week in Review
9.10.2022
In this week’s edition of the Bitcoin.com News Week in Review, two of the world’s largest banks — Credit Suisse and Deutsche Bank — are suffering from distressed valuations, with credit default insurance levels looking like those last seen in the 2008 financial crisis....