/biz/ - Business & Finance

>>52660007
Bitfront, a Japanese crypto exchange that seems to be designed to facilitate lightning payments to some popular social media app is shutting down very shortly after liquid Japan and FTX Japan shut down. This got me thinking, 99% of all crypto companies that aren't rugpulls are dependent on VC money to stay afloat. As VCs get rekt plenty of small local companies we never heard of are going to have their supply of VC money shut off and will have to quiet exit scam. Pretty much all regional exchanges fit into this bracket. None of them can possibly be profitable even during bull markets.

>https://www.msn.com/en-us/news/us/the-crypto-winter-claims-bitfront-exchange-as-its-latest-casualty/ar-AA14Gye5
To make matters worse it looks like lots of them like Bitfront were staking customer funds for extra cash.Kevin mentioned that the only countries with clear laws regarding crypto in 2017 were Estonia and Japan. Doesn't that imply that if the first regional exchanges shutting down are in a country with very strict regulation that the rest of them are also probably doing the same thing and being less transparent about it? It is hard to find information about regional exchanges anymore since search engines are worthless and googling "best UK exchanges" will give you a link to a pajeet referral link website saying to use Binance but I know there are small exchanges that only are licensed in their country of operation in pretty much every Western country. How many of them are solvent?

>>51056301
Thanks, anon. I think I'll say this. With the upcoming memecession I can say that the company started mass layoffs and word started floating around my department that they were making cuts.

>>51054743
The cross necklace combined with the frills around her shoulders and the twintails really accentuate Kuro's clavicles and neck. This combined with the combination of the head tilt and the way she fixes her glasses while making a cute gesture with her hand make this one of my favourite picture of her.
>>51055129
>why would those anons still come here.
I am addicted to watching numbers go up.

>>50835088
>Thanos boogeyman for why they fail at everything.
What? I haven't been following the drama but wasn't Thanos the only none piece of shit third party dev?

>>50771166
>Are you willing to get paid less but be allowed to watch pornography on the job? Maybe the trade off is worth it.
I am trying to reduce my daily screen time so watching pornography outside work is not an option. Money is not more important than health so the answer is yes.

This is now a Kuro thread.