CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Robinson Burkey, the Wormhole Foundation’s EVP and head of strategy, discusses Lisbon’s role as one of the world’s top crypto hubs, the impact of the FTX collapse on the industry and more.
Chapters:
00:00 – CNBC Crypto World, Oct 16, 2023
0:29 – Bitcoin rises
1:03- The headlines
4:39 – Wormhole Foundation’s Robinson Burkey
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FTX top engineer testifies on Sam Bankman-Fried’s ‘excessive’ spending at Alameda: CNBC Crypto World
25 Comments
Excellent video 👍. This is my fifth year of retirement. I've been following the 4 percent rule thing, but this isn't really how hard I expect things to be. I still have about $480k outside funds in IRA to invest in Stocks and Bitcoin. Please how do I take advantage of the market turnaround?.
to the moon
For people considering investing money in crypto – please don't invest money that you cannot afford to lose. Please do not ever invest your retirement (savings) money. The crypto markets are too risky. Please be cautious.
What is this crypto stuff?
Reporting is very good, but the music is terrible. Please, NO MUSIC! It is very annoying.
I condemn terrorism. But, I am not a fan of the Tether technology. Where, it has the ability to lock up addresses’ funds arbitrarily. Ultimately, holders of USDT and other Tether stable coins will move their money to decentralized coins.
Hillary Clinton, lol 10 % to the big gal!
I PRAY THAT ANYONE WHO READS THIS WILL BE SUCCESSFUL IN LIFE. SUCCESSFUL PEOPLE DON'T BECOME THAT WAY OVERNIGHT. WHAT MOST PEOPLE SEE AT A GLANCE-WEALTH, A GREAT CAREER, PURPOSE IS THE RESULT OF HARD WORK AND HUSTLE OVERTIME
I'm favoured financially, Thank you Jesus. $32,000 weekly profit regardless of how bad it gets on the economy
Misleading title. All I wanted was update on SBF trial.
🔥Super cool vid and TY for breaking it down. I'm favoured, $15,000 weekly trade earnings even in this current economic downturn. So excited
Cryptobabble and California sing-song speech. Count me in.
It's interesting to see how the growing appeal of cryptocurrencies like Bitcoin, as an alternative asset during times of eroding confidence in traditional banking, has attracted retail investors. The permissionless and autonomous nature of cryptocurrencies offers a sense of safety and value in the ever-evolving world of finance. This context further highlights the significance of Mr Bennett Fauci's excellent trading strategy, which has enabled me to amass 32 btc in just three weeks. In the field of cryptocurrency trading, Mr Fauci has proven to be a true visionary.
This FTX thing is so gross 🤮They better throw the ENTIRE book at Sam for this corruption. I truly hope there is justice here💯😒
He still thinks he was going to put the money back he didn’t think his behavior was wrong. See narcissist don’t have boundaries and laws are boundaries.
They should all be convicted and serve jail time like anyone else no excuse
0:00: 📈 Bitcoin briefly crosses the $30,000 level before giving up gains, while tether freezes funds linked to terrorism.
3:09: 📰 Former FTX executive testifies about fraud and excessive spending at SPF.
5:13: 🌍 Lisbon is named the most important crypto hub in the world due to tax breaks and available office space.
7:48: 📈 Tax changes in Portugal may impact migration to Lisbon and the crypto industry is expanding internationally.
10:44: 🔍 The collapse of FTX has affected sentiment towards crypto, but it was not related to blockchain technology or smart contracts.
Recap by Tammy AI
I HOPE NISHAD THIEF SINGH ALSO GO TO JAIL. DUDE LOWN HIMSELF $330 MILION DOLLARS. WHERE IS THAT MONEY??
To my understanding this just proves how much we need an edged as an investors because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market,what are your thoughts?!
Bitcoin is Gold 2.0!
excessive spending is not necessarily fraud. the defense could hammer this issue much more forcefully
Portugal: there's meetups there. LOL.
hello, i am interested on long- term cryptocurrency investment. i have $10,000 to start but I don't understand how it really works can someone guide me on the right approach to investing and making profit from cryptocurrency investment? i have heard so many good testimonies from people who have benefited from cryptocurrency but i decide to seek for good approach to investing successfully and making decent profit on cryptocurrency from good beneficiaries here <> please?
I just don't get these crypto stuff. People invest in it because there's no bank or government that holds your crypto currency yet you have sbf, binance and all that stuff storing it for you. I mean isn't it still trackable through these crypto companies and your investments is on risk? I never really thought of investing in it because i believe it's just like a pyramid scam. The person who "invented" is on the top while the top ones are the first ones that invested in it. Anyone else sees it this way?
Wait, doesn’t Crypto exchanges working with the same governments it was formed to take the financial power from go completely against everything it’s supposed to stand for?