Attention Economy


Thursday, August 4, 2022

Crypto Meltdown and Crypto Scams


Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed
https://www.theguardian.com/technology/2022/jul/12/they-couldnt-even-scream-any-more-they-were-just-sobbing-the-amateur-investors-ruined-by-the-crypto-crash

Crypto collapse reverberates widely among black American investors
https://www.ft.com/content/47d338e2-3d3c-40ce-8a09-abfa25c16a7f 

How Wall Street Escaped the Crypto Meltdown
https://www.nytimes.com/2022/07/05/business/economy/wall-st-cryptocurrency-prices.html
As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Retail investors weren’t as lucky.