Fede Nolasco, Strategy, AI, Architecture and Data

FTX collapses as Bitcoin hits a two-year low

Posted by Fede Nolasco | Nov 12, 2022 | Markets

The collapse of cryptocurrency exchange FTX has sent prices plummeting across the board, causing a dramatic reduction in wealth. Bitcoin and Ethereum have dropped by almost 20%, while Solana investors have suffered the most with a 47% loss. FTX saw a massive $6 billion leave the exchange in just three days, leading to liquidity issues and withdrawals being paused. The troubled FTX has also faced distancing from various crypto firms and has now filed for Chapter 11 bankruptcy. The extent of the damage will become clearer in the coming months.

$3.36 Billion Cryptocurrency Seizure and Conviction for Silk Road Fraud

Posted by Fede Nolasco | Nov 9, 2022 | Markets

Law enforcement seized over 50,676 Bitcoin hidden in James Zhong’s home, leading to a guilty plea for fraudulently obtaining Bitcoin from Silk Road. Learn more about this groundbreaking case and the recovery of billions of dollars in illicit money. #Bitcoin #SilkRoad

Market Manias

Posted by Fede Nolasco | Nov 2, 2022 | Markets

Learn from history and avoid falling for speculative bubbles, as they have been a recurring theme for centuries. In this text, we explore the causes and consequences of manias and delusions, from Sir John Templeton’s famous quote to the irrational behavior of charismatic CEOs like Elon Musk. Stay informed and protect your investments.