id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
planet-code4lib-org-5767	Karen Coyle (noreply@blogger.com)	planet-code4lib-org-5767			.xml	application/rdf+xml	79683	8955	63	On July 23<sup>rd</sup> the <i>New York Times</i>' Eric Lipton and Ephrat Livni profiled Sam Bankman-Fried of the FTX exchange in <a href="https://www.nytimes.com/2021/07/23/us/politics/crypto-billionaires.html"><i>Crypto Nomads: Surfing the World for Risk and Profit</i></a>:<br /><blockquote>The highly leveraged form of trading these platforms offer has become so popular that the overall value of daily purchases and sales of these derivatives far surpasses the daily volume of actual cryptocurrency transactions, industry data analyzed by <a href="https://dl.acm.org/doi/abs/10.1145/3442381.3450059">researchers</a> at Carnegie Mellon University shows.<br />...<br />FTX alone has one million users across the world and handles as much as $20 billion a day in transactions, most of them derivatives trades.<br /><br />Like their customers, the platforms compete.	./cache/planet-code4lib-org-5767.xml	./txt/planet-code4lib-org-5767.txt