Justin Sun pulls an FTX and offers to buy ailing Credit Suisse’s assets
The 166 year-old bank is struggling amid a series of disastrous events, but Justin Sun is willing to buy Credit Suisse assets and bring them into Web3.
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The software engineer will work with the team to build out its Lightning Network-based Software-as-a-Service (SaaS) platform.
Crypto influencer Lark Davis said he did "nothing wrong" when ZachXBT called him out for shilling token projects backed by evidences of his wallet transactions, which showed he receieved money from promoting the projects.
Lark continually claimed that he doesn’t get paid for his promotion of these projects despite being offered "truck loads of money daily to do so."
The Bank of England pivoted on quantitative tightening by bailing out U.K. pension schemes, further kicking the can down the road.
The lack of "ponzinomics" has VCs presently looking elsewhere. However, as Cardano's dApp ecosystem takes off, Hokinson sees VCs money coming.
Speculation is mounting on the reason behind the flurry of CEO departures, with some fearing an economic meltdown on the horizon.