Everand Logo

Welcome to Everand!

  • The Atlantic

    The Crypto Meltdown Could Have Been So Much Worse

    By putting off demands from cryptocurrency entrepreneurs and Wall Street, Washington protected the financial system.
    by Annie Lowrey Nov 12, 2022 4 minutes
    Source: Erik Carter / The Atlantic

    The cryptocurrency world is melting down, much as the subprime market did in 2007. Back then, scarcely understood financial products in high demand pitched the world into crisis. Is that about to happen again?

    This is one question raised by the spectacular fall of FTX, a massive crypto exchange started by Sam Bankman-Fried, a press-loving billionaire (well, as of two weeks ago), generous financier of Democratic and effective-altruism (as of two weeks ago), and young guy known as a good guy in the scammy world of crypto (you get the idea). Exactly what happened at FTX remains unclear, and how the sudden death of a might affect the financial markets and the real

    You’re reading a preview, subscribe to read more.

    More from The Atlantic

    The Atlantic7 min readAmerican Government
    The Cases Against Trump: A Guide
    Not long ago, the idea that a former president—or major-party presidential nominee—would face serious legal jeopardy was nearly unthinkable. Today, merely keeping track of the many cases against Donald Trump requires a law degree, a great deal of att
    The Atlantic16 min read
    The World Is Realigning
    Like a lightning strike illuminating a dim landscape, the twin invasions of Israel and Ukraine have brought a sudden recognition: What appeared to be, until now, disparate and disorganized challenges to the United States and its allies is actually so
    The Atlantic4 min read
    Trump Secures His Get-Out-of-Jail-Free Card
    When the Supreme Court agreed to take up the question of whether Donald Trump is shielded from prosecution over his role in January 6, two core questions were at stake. First was the substantive matter of whether the Court would find that presidentia

    Related Books & Audiobooks