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Search resuls for: "Sportsfile"


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☆ Binance's rescue of FTX shows no crypto company is 'too big to fail,' experts say
  + stars: | 2022-11-09 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
Ben Mcshane | Sportsfile | Getty ImagesBinance's agreement to salvage rival cryptocurrency exchange FTX from collapse shows how no one is safe from the chill of crypto winter, according to industry experts. "It shows that no one is too big to fail," said Pascal Gauthier, CEO of crypto wallet firm Ledger. On Monday, the CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, took to Twitter in since-deleted tweets to play down concerns his crypto trading empire was at risk of collapsing. The debacle highlights how the crypto industry is becoming more centralized and straying from its decentralized roots, according to Gauthier. "FTX is a very big warning for everyone," Gauthier said in an interview on CNBC's Squawk Box Europe Wednesday.
☆ Streetfighters, Hooligans and Nazis: Inside Sweden's Most Notorious Underground Fight Club
  + stars: | 2019-11-24 | by ( Karim Zidan | ) www.businessinsider.com   time to read: +20 min
Few outsiders have ever attended a KOTS fight in person. "The most notorious fight club, the one and only place for the unwanted ones, delivering the most stressed out and fucked up environment you can find. Back in 2019, the fight club started live streaming its events and charging around $14 per fight. In the exchange, a fan asked why the fight club allows anti-fascists to compete. "This is the most raw form of fighting," Hooi, who is not affiliated with any far-right groups, wrote during our interview.
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