In the fall of 2023, one of the biggest tech bank collapses in United States history took place. The tech bank was a Silicon Valley firm that had quickly become one of the premier venture capital lenders in the Bay Area. Founded in 2016, it rapidly amassed a war chest of over $20 billion in… Continue reading The tech bank collapse of 2023
Category: began
Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
It appears that 2020 could be the longest, coldest, and most contagious crypto winter yet. Victims range from everyday traders to billion dollar companies, who find themselves feeling the effects of the current cooldown in the crypto markets. The latest to fall victim to crypto winter is cryptocurrency derivatives exchange FTX, whose fall from grace… Continue reading Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter