burn Archives - teo-tea

I agree: don’t regulate crypto, let it burn. Make good progress on your own

By letting it burn, it will not grow big enough to cause major contagion outside of crypto. By Wolf Richter for WOLF STREET. The last thing the crypto community – from Bankman-Fried dazzled Silicon Valley fiat-billionaire venture capitalists to true believers – will listen to is another warning from another central bank about crypto and …

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Let the Crypto Burn

Leave a Comment / Economy / By admin

Stephen Cecchetti is the Rosen Family Chair in International Finance at the Brandeis International Business School. Kim Schoenholtz is Clinical Professor Emeritus at NYU’s Stern School of Business. In the aftermath of FTX’s collapse, authorities should resist the urge to create a parallel legal and regulatory framework for the crypto industry. It is far better …

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Musk warns Twitter bankruptcy is possible if cash burn persists

Leave a Comment / Business / By admin

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

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