A widely followed crypto trader claims the uncertainty shrouding Bitcoin’s (BTC) next bull market will be the fuel that ends the bear market. The pseudonymous crypto analyst Rekt Capital warns their 330,300 Twitter followers that any ‘strong bearish convictions’ may cause them to miss out on the next big bull run. “People doubting if BTC will experience …
Yearly archives: 2022
FTX will be the last giant to fall this cycle: Hedge fund co-founder
While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange’s fall from grace should be the last catastrophic event — at least in this market cycle. CK Zheng, the former head of valuation risk at Credit Suisse and now co-founder of crypto hedge fund ZX Squared Capital …
Continue reading “FTX will be the last giant to fall this cycle: Hedge fund co-founder”
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
United States Senators Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX — Sam Bankman-Fried and John Jay Ray III, respectively — on Nov. 16 to ask for more information on the collapse of the cryptocurrency exchange. They made 13 requests for documents, lists and answers. “The public is owed …
Here’s how the CFTC could prevent the next FTX
FTX declared bankruptcy this month with $900 million in assets against $9 billion in liabilities. Its founder and former CEO, Sam Bankman-Fried, is being questioned by police in the Bahamas, and many customers are unable to withdraw their deposits. Its holdings of Serum’s SRM, a token Bankman-Fried developed, dropped from a value of more than …
Continue reading “Here’s how the CFTC could prevent the next FTX”
Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant
Ethereum (ETH) staking on-chain data shows that an estimated 78% of all staked ETH is across four centralized providers. Currently, an approximated 8-9 million ETH is staked across the following four providers: Lido – 4.5 Million ETH staked Coinbase – 2 million ETH staked Kraken – 1.2 million ETH staked Binance – 1 million ETH …
FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others
The new FTX CEO Ray III described the situation as a “complete failure of corporate controls and such a complete absence of trustworthy financial information.” 1 min read Updated: November 17, 2022 at 5:27 pm Cover art/illustration via CryptoSlate A Nov. 17 court filing from new FTX CEO officer John Ray III revealed that the …
Continue reading “FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others”
Enabling Musicians like Never Before
How Sound is Creating a New Frontier for Music, Artists, and their Fans ZAO Nov. 17, 2022 at 5:04 pm UTC 54 min watch Updated: November 17, 2022 at 5:04 pm [embedded content] Recapping Mint Season 6, Episode 22 Season 6, Episode 22 of the Mint Podcast with Adam Levy features David Greenstein. He is …
El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says
El Salvador will start buying bitcoin every day, according to Salvadoran President Nayib Bukele. Since adopting the cryptocurrency as legal tender, El Salvador has bought about 2,381 bitcoins for its treasury. El Salvador to Buy Bitcoin Every Day The president of El Salvador, Nayib Bukele, announced on Twitter Thursday that his country will buy one …
Continue reading “El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says”
Apple Could Be Developing Its Own Metaverse Platform
Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a “3D mixed-reality world,” for the Technology Development Group, the virtual reality division of …
Continue reading “Apple Could Be Developing Its Own Metaverse Platform”
Regulator Halts Trading of FTX Tokens in Indonesia
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world. Indonesian Authority Orders Crypto Exchanges to Discontinue FTX Token …
Continue reading “Regulator Halts Trading of FTX Tokens in Indonesia”
The Hop: MOVE Estrella Galicia’s Digital Innovation Programme Makes the Leap to Web3
press release PRESS RELEASE. After 4 editions based on digital innovations related to Estrella Galicia’s value chain, The Hop takes another step toward the exploration and development of Web3 initiatives. 17 November 2022, A Coruña, Spain — The fourth edition of The Hop comes to a close this year, ending a cycle of 4 editions …
Tamadoge Price Prediction for 17th of November: TAMA Bulls Finds a Strong Support Price Level
This is the time to buy Tamadoge. Currently, the market is facing some downtimes as the bulls continue to lose grip on support levels and […] Go to Source
Pro-XRP Attorney Launches Petition To Investigate SEC Chair Gary Gensler’s Connections With Sam Bankman-Fried
Attorney and Ripple supporter John Deaton is launching a public campaign aimed at convincing lawmakers to probe Securities and Exchange Commission (SEC) chair Gary Gensler and his ties to Sam Bankman-Fried’s FTX. Deaton’s petition on Change.org has garnered more than 3,000 signatures at time of writing, and a message portal on his website, CryptoLaw, has …
Tom Brady, Steph Curry, Shaq and Kevin O’Leary All Named Alongside SBF in FTX Class Action Lawsuit
A new lawsuit against FTX founder Sam Bankman-Fried is naming several celebrities and athletes as co-defendants. The class action complaint, which Oklahoma resident Edwin Garrison filed with the U.S. District Court, Southern District Of Florida, seeks to hold the defendants accountable for billions of dollars in damages following the collapse of FTX. The suit claims …
New FTX CEO Says the Collapsed Exchange’s Top Leaders Were ‘Potentially Compromised Individuals’
The new chief executive of bankrupt crypto exchange FTX says that the platform’s leadership was made up of “potentially compromised individuals.” According to recent bankruptcy filings, FTX CEO John Ray, who took the firm’s help from founder Sam Bankman-Fried last week, says that the crypto exchange’s current situation is unprecedented. “Never in my career have …