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November 14, 2022

Daily Tech News 14 November 2022

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  • Recessions unmask fraud. (The Economist)

    When the economy is bubbling merrily along, you can get away with fudging the books just a little to make it look like things are going better than they are. At least for a while.

    But when the macroeconomic soup turns sour, and your financial papercuts turn into open wounds, it's much harder to hide.

    Hence FTX.


  • Is Crypto.com next? (WCCFTech)

    Since bank runs on marginal financial schemes are self-fulfilling prophecies, now that you ask the question, the answer is, probably, yes.


  • FTX CEO Sam Bankman-Fried isn't who you think he is. (CoinGeek)
    As Bankman-Fried seduces more wannabe traders into gambling on so-called digital currencies with the lure of free BTC, it's worth remembering that all of these people have an agenda, and it usually involves you losing money to line their pockets.
    Okay, we know that. So what?

    So that article is from February.


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