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Observers

Observers's Observations 369 Articles
Business   -   Dec 22, 2022 Musk Looks For a New Twitter CEO
Elon Musk and Twitter. Source: foxbusiness.com

Twitter users opted for Musk’s resigning as Twitter CEO. No replacement has yet been found (or announced). Elon Musk raised a poll on his Twitter whether he should leave his position as CEO of the social media company. Majority of the users, which is 57.5% out of 17,

Observers
Exchanges   -   Dec 21, 2022 FTX Drags Down a U.S. Bank
Farmington State Bank. Source: spokesman.com

FTX’s collapse revealed numerous skeletons in the closet of the company. One of the skeletons appeared to be U.S. Farmington State Bank, which FTX owned through a subsidiary.

Observers
Adoption   -   Dec 20, 2022 Canada’s Largest Pension Fund Gave Up On Crypto
CPP Investments. Source: swfinstitute.org

The largest Canadian pension fund Canadian Pension Plan (CPP) investment board is no longer pursuing any opportunities in the crypto market, Reuters reports.

Observers
DeFi   -   Dec 19, 2022 No Worries, DeFi To Be!
DeFi. Source: howtogeek.com

The concept of DeFi has become more controversial after the recent trouble that large crypto exchanges have been going through after the crash of FTX. The influence of this catastrophe on the future of DeFi is vague. In the wake of the FTX collapse, there has been more and more

Observers
Economy   -   Dec 17, 2022 Musk vs. TradFi
Elon Musk. Source: theguardian.com

Elon Musk shared his thoughts regarding the current monetary system and his views on the role of crypto within it. Elon Musk took part in a live coverage held by Mario Nawfal, founder & CEO of IBC Group and host of the Roundtable show, the biggest live show in crypto.

Observers
Blockchain   -   Dec 16, 2022 Charles Hoskinson on Cardano's Suppression, Developments and Future
Charles Hoskinson of Cardano on AMA session 10 December 2022

Charles Hoskinson is a bright and active speaker that frequently turns up on social media to answer questions from the community and share his views on industry developments. Our Cardano Observer, Jonatan Blum, watched his recent 2-hour-long AMA session in search of clues.

Observers
Exchanges   -   Dec 16, 2022 Crypto.com Assures Your Funds Are More Than 100% Safe
Crypto.com. Source: crypto-insiders.nl

Crypto.com published its Proof-of-Reserve that shows that they have over 100% reserves for major tokens. FTX Collapse has shattered the market. Crypto users have become more cautious. Crypto.com gave cause for concern when they paused withdrawals on the Solana network after the FTX crash. Now, to reassure their

Observers
Economy   -   Dec 14, 2022 BIS Discovered $80 Trillion Debt. Borrowers Are Not Yet Identified
Bank for International Settlements. Source: centralbanking.com

The BIS report has revealed an $80 trillion debt falling out of the balance sheets of financial organizations. It might be a ticking bomb for the next crisis.

Observers
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