[Nov 17, 2022 2:38 PM] Along with other bitcoin companies, Blockstream is spearheading a developer community to further Lightning and layer-2 development.Blockstream, a company focused on scaling bitcoin, is launching a platform to connect developers, entrepreneurs, and…
[Nov 17, 2022 11:30 AM] During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow…
[Nov 17, 2022 10:13 AM] The newly appointed CEO of FTX provides initial bankruptcy filing calling previous management a “complete failure” and details misuse of corporate funds.FTX Exchange, following the collapse of its business, has filed its first day declaration in…
[Nov 17, 2022 9:30 AM] Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not…
[Nov 17, 2022 9:04 AM] El Salvador President Nayib Bukele yesterday announced the country would begin purchasing one bitcoin every day, starting today.Nayib Bukele, President of El Salvador, announced late last night that the country would be purchasing one bitcoin every…
[Nov 17, 2022 8:30 AM] Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vox journalist Kelsey Piper. After the interview…
[Nov 17, 2022 7:00 AM] The marketplace lets users buy and list any legal products in return for bitcoin and is running a holiday promotion until November 28.Scarce City, a bitcoin-focused marketplace, has launched a marketplace that sells anything in exchange for bitcoin…
[Nov 17, 2022 6:30 AM] Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to…
[Nov 17, 2022 3:00 AM] On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping…
[Nov 16, 2022 3:30 PM] Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS…
[Nov 16, 2022 2:30 PM] The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is…
[Nov 16, 2022 1:00 PM] Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators…
[Nov 16, 2022 11:30 AM] Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX…
[Nov 16, 2022 11:10 AM] The new BLIP app promises secure and private communication leveraging Bitcoin’s Lightning Network and a novel encryption method, Hexum.A new Bitcoin-based encrypted chat platform has been announced at the Adopting Bitcoin conference, BLIP.The new…
[Nov 16, 2022 10:01 AM] Bitcoin Magazine’s first annual survey also found that Bitcoiners value BTC-related policy over party in politics.Bitcoin users place a higher importance on a politician’s BTC-related policies and agenda than their party, a survey by Bitcoin…
[Nov 16, 2022 9:30 AM] Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s…
[Nov 16, 2022 9:09 AM] Following the implosion of FTX and the locking up of over $175 million, Genesis’s lending arm faces a liquidity crisis and is actively seeking new capital.Cryptocurrency lender Genesis Global Capital has paused withdrawals and loan applications…
[Nov 16, 2022 8:30 AM] Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the…
[Nov 15, 2022 4:30 PM] On Nov. 14, the New York Times (NYT) published a massive 2,200-word expose and interview with the former CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized a great deal after it was published. The article noted that SBF would only…
[Nov 15, 2022 3:30 PM] Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were…
[Nov 15, 2022 1:37 PM] The limited-edition run will donate a portion of tin sales to empower the growing coffee industry of El Salvador.Compass Coffee, a cafe company based in Washington DC, has partnered with the Embassy of El Salvador to launch Bitcoin Blend, a…
[Nov 15, 2022 1:30 PM] On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused…
[Nov 15, 2022 11:30 AM] On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB…
[Nov 15, 2022 9:30 AM] Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has…
[Nov 15, 2022 3:00 AM] According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens…
[Nov 14, 2022 10:30 PM] Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends…
[Nov 14, 2022 3:30 PM] After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were store
[Nov 14, 2022 1:30 PM] According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction…
[Nov 14, 2022 11:30 AM] In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further detail that FTX Property Holdings spent…
[Nov 14, 2022 10:10 AM] A new report from the Bitcoin Policy Institute discusses why the industry needs to adopt proof of reserves following the bankruptcy of FTX exchange.The Bitcoin Policy Institute (BPI), a non-profit dedicated to furthering governmental Bitcoin…
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