THE WOLF STREET REPORT: Where’s the Contagion from the Crypto Implosion? by Wolf Richter • Nov 13, 2022 • 208 Comments As the FTX collapse shows, the shenanigans guarantee smooth and efficient contagion inside the crypto zone. But beyond it?
Cryptos Plunge, Contagion Sweeps Across DeFi: Trying to Go to Heaven Together, End Up Going to Heck Together? by Wolf Richter • Nov 9, 2022 • 228 Comments Binance-FTX deal now in doubt after revelations of huge black hole and investigations by the SEC and CFTC.
Would be a Hoot If Regulators Cracked Down on Companies BEFORE They Freeze Customer Deposits & Cryptos and File for Bankruptcy by Wolf Richter • Jul 28, 2022 • 154 Comments Bankrupt Voyager gets slapped with a cease-and-desist order from the Fed and the FDIC after it’s way too late.
Leverage & Interconnectedness Are Blowing Up Crypto & DeFi by Wolf Richter • Jul 9, 2022 • 183 Comments That’s what’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.
THE WOLF STREET REPORT: Leverage & Interconnectedness Are Blowing Up Crypto & DeFi by Wolf Richter • Jul 4, 2022 • 317 Comments That’s what’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected. Unlike prior “crypto winters.”
Coinbase Shares Go Thunkadunk, -88% from High, amid Crypto Chaos, Plunging Revenues, Huge Loss: New Paradigm Where Gambling Tokens Blow Up the Casinos? by Wolf Richter • May 11, 2022 • 349 Comments You’re just “unsecured creditors” if we file for bankruptcy. But hey, CEO tweets: “We have no risk of bankruptcy.”
The Zoo Has Gone Nuts: PayPal Will Give Me $25 if I Buy Cryptos by Wolf Richter • Jul 28, 2021 • 131 Comments Ah, hefty “fees” & fat “spreads.” But wasn’t the promise of bitcoin to buy stuff without using fiat currency payment systems such as PayPal?
“Tesla only sold ~10%” of its Bitcoin Holdings: Musk Speaks, Bitcoin Moves. But it Takes Two to Tango by Wolf Richter • Jun 13, 2021 • 152 Comments Pump and dump just for the heck of it? Why can’t this dude just shut up? That’s what people, including the SEC, want to know.
“Just Shut Up and Buy”: But Hype-Stocks & Cryptos Crashed by Wolf Richter • May 26, 2021 • 121 Comments It works until it doesn’t. Now all eyes are on housing (transcript).
THE WOLF STREET REPORT: “Just Shut Up and Buy,” But Now Hype-Stocks & Cryptos Crashed by Wolf Richter • May 23, 2021 • 259 Comments It works until it doesn’t. Now all eyes are on housing.
