Tuesday, November 29, 2022

Some US auditors say FTX's collapse has led them to designate crypto clients as "high risk", resulting in longer audits, higher fees, or dropping clients (Stephen Foley/Financial Times)

Stephen Foley / Financial Times:
Some US auditors say FTX's collapse has led them to designate crypto clients as “high risk”, resulting in longer audits, higher fees, or dropping clients  —  Collapse of Sam Bankman-Fried's company highlights risks in industry where accounting rules are only half-formed



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...