Tag: dramatic

Dramatic Collapse Of The Cryptocurrency Exchange FTX Contains Lessons For Investors But Won’t Affect Most People
CRYPTOMARKET, IN OTHER NEWS

Dramatic Collapse Of The Cryptocurrency Exchange FTX Contains Lessons For Investors But Won’t Affect Most People

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are professors who study finance, investing and fintech. They explain how and why this incredible collapse happened, what effect it might have on the traditional financial sector and whether you need to care if you don’t own any cryptocurrency. 1. What happened? In 2019, Sam Bankman-Fried founded FTX, a company that ran one of the largest cryptocurrency exchanges. FTX is where many crypto investors trade and hold their cryptocurrency, similar t...
A Tale Of Two Cities Is One Of Charles Dickens’s Most Popular And Dramatic Stories
BOOKS

A Tale Of Two Cities Is One Of Charles Dickens’s Most Popular And Dramatic Stories

Set against the backdrop of the French Revolution, A Tale of Two Cities is one of Charles Dickens’s most popular and dramatic stories. It begins on a muddy English road in an atmosphere charged with mystery and it ends in the Paris of the Revolution with one of the most famous acts of self-sacrifice in literature. In between lies one of Dickens’s most exciting books—a historical novel that, generation after generation, has given readers access to the profound human dramas that lie behind cataclysmic social and political events. Famous for its vivid characters, including the courageous French nobleman Charles Darnay, the vengeful revolutionary Madame Defarge, and cynical Englishman Sydney Carton, who redeems his ill-spent life in a climactic moment at the guillotine (“It is a far, far b...