China's Yuan Now Accounts for Nearly Half of Russia's Currency Market
The yuan's share of the currency market jumped to 40%-45% from less than 1% at the start of the year, according to the Moscow Exchange.
Source: businessinsider.com
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Sam Bankman-Fried Was 'Delusional' on FTX and His Culpability: Novogratz
"Markets are based on trust. And when you have trust broken like this, it questions everyone else," Novogratz said.
Source: businessinsider.com
FTX Crash: LedgerX to Contribute $175 Million to Bankruptcy, Report Says
LedgerX, which is a digital currency futures and options exchange, could transfer the money as early as Wednesday, sources told Bloomberg.
Source: businessinsider.com
European Energy Crisis: EU Dependence on Russian LNG Soars This Year
Europe spent $13 billion on LNG from Russia from January to September of this year, which is five times as much compared to a year earlier.
Source: businessinsider.com
Stock Market News Today: Indexes Mixed Ahead of Powell's Speech
Federal Reserve Chairman Jerome Powell is scheduled to speak at the Brookings Institution on Wednesday at 1:30 p.m. ET.
Source: businessinsider.com