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Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
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Cryptocurrencies: why Binance’s failed FTX rescue deal could mean ‘crypto winter’ is coming

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theconversation.com

Life in the cryptocurrency industry is rarely quiet for long, and after a tumultuous summer, it seems the market is now entering a “crypto winter”.

Over the past week, the founders of two of the largest cryptocurrency exchanges – Binance and FTX – have had a public Twitter spat that triggered the collapse of one exchange and a failed bailout deal from the other.

Unsurprisingly, these events have caused widespread panic across a market that has barely recovered from several major failures earlier this year.

You can listen to more articles from The Conversation, narrated by Noa, here. Binance, which is estimated to be worth more than US$300 billion (£263 billion), was actually FTX’s first investor in December 2019.

Read more on theconversation.com
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