The Warning Signs Were There: The Collapse Of FTX Was Inevitable
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'Need to update my LinkedIn' — FTX Ventures head resigns: Report
[Nov 11, 2022 3:46 PM] Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
Billionaires lose billions: What's happening with Elon Musk and Sam Bankman-Fried?
[Nov 11, 2022 2:45 PM] Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk's reported net worth has dropped by more than $86 billion in recent days.
FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns
[Nov 11, 2022 8:36 AM] FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray.
Bitcoin Is The Solution To The World’s Trade Problems
[Nov 10, 2022 9:50 PM] Global trade needs to be built on an incorruptible standard that has no political or nationalistic affiliation.This is an opinion editorial by Heritage Falodun, a Bitcoin analyst and computer scientist based in Nigeria. I believe humanity deserves…
Orange Pill: A New App To Meet Bitcoiners
[Nov 10, 2022 1:50 PM] A new app geared towards connecting local bitcoiners in real life called Orange Pill just launched at Pacific Bitcoin.The new Orange Pill App (OPA) is seeking to connect Bitcoiners in real life without the need for meetups and conferences, per a…
Bitcoin Hardware Wallet Trezor Enables P2P Trading With Hodl Hodl
[Nov 10, 2022 11:48 AM] Trezor users can now buy and sell non-KYC bitcoin directly from their hardware wallets thanks to an integration with P2P platform Hodl Hodl.Users of the popular hardware wallet Trezor can now buy and sell bitcoin with no identity verification…
Oil And Gas Giant Shell Signs Two-Year Sponsorship With Bitcoin Magazine
[Nov 10, 2022 10:49 AM] The company will speak on stage at the next Bitcoin Conference showcasing its new cooling solutions meant to improve the bitcoin mining industry.Shell (NYSE: SHEL), one of the world’s largest oil and gas companies, has signed a two-year…
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
[Nov 10, 2022 8:41 AM] According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events.
Using Systems Thinking To Learn From FTX’s Mistakes
Binance Walks Away From FTX Acquisition
[Nov 9, 2022 3:38 PM] The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.Binance walks away from FTX deal following due diligence.Firm also mentioned U.S. investigations of FTX.Retail investors are…
Bitcoin Baseball Team Perth Heat Fans Can Now ‘Boost’ Players With Bitcoin
[Nov 9, 2022 3:27 PM] Perth Heat players can now get bitcoin ‘boosts’ through a new Lightning-powered fan engagement feature launched in partnership with IBEX.Perth Heat now lets fans send micropayments to players with bitcoin through Lightning.The team last year became…
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
[Nov 9, 2022 10:45 AM] “People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX.
The Hubris Of FTX And The Humility Of Bitcoin
How Lightning Is Revolutionizing Crowdfunding
[Nov 8, 2022 8:57 PM] Lightning enables live, updated crowdfunding in a decentralized manner that limits the impact of third parties involved.This is an opinion editorial by Kroum Kroumov, a copywriter, editor and UX writer.Crowdfunding has always been a great way to…
Brazilian Bitcoin Nonprofit Vinteum Announces Utreexo Developer Grant
[Nov 8, 2022 1:10 PM] Grantee Davidson Souza will continue development on multiple Bitcoin projects following a Summer of Bitcoin internship, including Utreexo.Vinteum, a Brazilian nonprofit dedicated to furthering Bitcoin research and development, has announced its…
FTX Exchange Set To Be Acquired By Binance Following Liquidity Crisis
[Nov 8, 2022 11:44 AM] Following a liquidity crunch, FTX reached out to Binance to solve its liquidity issues through acquisition to keep FTX customers whole.FTX Exchange is set to be acquired by Binance, pending due diligence, following a liquidity crisis from FTX, per…
Japanese Banking Giant’s Subsidiary To Launch Bitcoin, Crypto Trading In 2023: Report
[Nov 8, 2022 9:22 AM] Laser Digital, Nomura’s bitcoin and crypto focused unit, will reportedly launch an institutional trading platform by the first quarter of next year.Laser Digital, the recently-launched cryptocurrency subsidiary of Nomura, Japan’s largest…
Why I Started Mining Bitcoin On My Farm To Offset Rising Costs
[Nov 6, 2022 8:00 PM] As costs continue to rise, one farmer began mining bitcoin. He shares his experience in order to help other farmers who find themselves in a similar situation.This is an opinion editorial by AlbertaHodl, a Canadian dairy and beef farmer and a…
We Must Shift Outdated Mental Models In Order To Understand Bitcoin
There Is Potential For More Capitulation From Bitcoin Miners
[Nov 4, 2022 9:00 PM] More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin…
Energy Company Turned Miner Produced A Record 532 BTC In October
[Nov 3, 2022 11:30 AM] CleanSpark saw a record bitcoin production in October following recent investments in growth amid a battered mining market.CleanSpark Inc., an energy company turned bitcoin miner, produced a record amount of new BTC last month.The Nasdaq-traded…
Fidelity Opens Wait List For Commission-Free Bitcoin Trading
[Nov 3, 2022 10:16 AM] The banking giant announced it had opened a wait list for its bitcoin trading offering, but it has yet to set a launch date.Financial services behemoth Fidelity Investments has opened access to a wait list for its bitcoin trading offering…
Credit Will Still Exist On A Bitcoin Standard
