Binance Founder CZ Loses $12 Billion on Crypto-Trading Slump – Bloomberg

0

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day.
The economy and markets are "under surveillance". Bloomberg Surveillance, covering the latest news in finance, economics and investments.
Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth.
Clear Eyes, Full Hearts and a $94 Million Texas High School Stadium
Appliance Maker Electrolux’s CEO Cuts Jobs as Demand Stays Weak
Lagarde Urges EU Chiefs to Agree Fiscal Pact for Sake of Unity
Russia Hikes Interest Rates Despite World’s Biggest Currency Surge
Irish Economy Shrinks as Multinationals Weigh on Output
Tesla Faces Self-Driving Challenger as Geely and Baidu Launch EV
Ozempic Mania Tests Novo’s Supply: EMEA Earnings Week Ahead
Alzheimer’s Research Offers Doctors ‘Rightful Optimism’ on Care
Everything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac Event
Tesla Faces Self-Driving Challenger as Geely and Baidu Launch EV
Microsoft’s Cloud Recovery Is Outshining Rivals Amazon, Google
Stability AI General Counsel, HR Chief Depart From Startup
Amazon Reports Revenue That Tops Estimates on Strong Web Sales
China’s Top Infectious Diseases Expert, Who Played Key Role in Zero-Covid, Dies
Xi Faces ‘Delicate Political Moment’ in Handling Grief Over Li
Job Seeker's 500 Applications Reveal Frustration in Labor Market
Expats in Netherlands Face Higher Taxes After House Votes to Shrink Benefit
Britain’s Food Inflation Brings Opportunity to Food Network Tasty UK
LeBron James keys Lakers' 4th-quarter rally for 100-95 win over Kevin Durant's short-handed Suns
Since Dobbs, Abortions Haven’t Dropped. But Much Has Changed.
Why No Recession Yet? Thank the US Consumer
The US Needs More Housing. Americans Don’t Want to Build It.
A Complicated Billionaire Shoots for the Moon on The Businessweek Show
The War That Broke Social Media
Sam Bankman-Fried Takes Stand in Reminder of Crypto’s Epic Fall
Why US Autoworkers Strike Drags On as Costs Mount
El Salvador Slaps a $1,000 Tax on Travelers From Africa and India
Water Fights in US West Inspire New Judge Training
China Eyes Successor For Veteran Climate Chief Who Befriended US
A New White House Plan to Create Affordable Housing: Convert Empty Office Buildings
Korea Avoids Halloween Festivities a Year After Deadly Crush
NY’s MTA Begins $590 Million Park Avenue Viaduct Renovation
Signal Chats, Legal Advice, ‘I Don’t Recall’: SBF on the Stand
Binance Founder CZ Loses $12 Billion on Crypto-Trading Slump
Sam Bankman-Fried Needs to Testify Twice: To Judge, Then to Jury
Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat.
The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year. That wiped $11.9 billion from the fortune of Binance’s founder, Changpeng Zhao, known as CZ, dropping him to $17.2 billion.

source

Leave a Reply

Your email address will not be published. Required fields are marked *