This year was supposed to be one big victory lap for Revolut, the UK’s largest fintech. The firm trumpeted its first ever year of profitability in March, having tripled its earnings year-on-year, and...
“I think it’s funny—that’s it!” says Ace, an investor in meme-based cryptocurrencies from Toronto, Canada. The point of meme coins, he explains, is that there is no point. It’s all one big joke.Ace, who...
It wasn’t long after the wheels fell off at FTX that the I-told-you-sos began. On November 11, the crypto exchange filed for bankruptcy, and billions of dollars worth of customers’ crypto was...
Something needs to be done about crypto. In 2022, billions of dollars were lost to crypto bankruptcies and hundreds of millions more to hacks. The mess has spilled over into traditional finance, with...
