The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.” The blog post does not mention the allegations made …
Monthly archives: January 2023
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors,” the SEC alleged. SEC Takes Action Against Gemini and …
Whale Moves 3,323,256,285,484 Shiba Inu (SHIB) As Crypto Project Prepares To Showcase New Metaverse
A crypto whale is abruptly moving trillions of Shiba Inu (SHIB) tokens as the dog-themed crypto asset prepares to unveil its new metaverse at SXSW. According to the whale-surveying platform Whale Alert, a staggering 3,323,256,285,484 SHIB worth $30.48 million at time of writing were transferred from one unknown wallet to another. The sudden shift in …
Bitcoin and One Artificial Intelligence Altcoin at Crucial Pivot Points, Says Crypto Trader – Here’s His Outlook
A widely followed crypto analyst is updating their outlook on Bitcoin (BTC) and the artificial intelligence (AI) altcoin Fetch.ai (FET). The pseudonymous crypto trader Rekt Capital tells their 332,200 Twitter followers that Bitcoin is on the verge of confirming a bull market after rallying this week. However, they warn it could take a few months …
Sam Bankman-Fried Claims Binance CEO Changpeng Zhao Caused FTX Implosion in New ‘Pre-Mortem’ Substack Post
Disgraced FTX founder Sam Bankman-Fried says the head of rival exchange Binance contributed to setting off the demise of his crypto empire. In a post to Bankman-Fried’s Substack titled “FTX Pre-Mortem Overview,” the 30-year-old says a combination of several factors caused the collapse of the Bahamas-based FTX exchange. Those factors include the mismanagement of sister …
Tyler Winklevoss Responds to SEC’s Charges Against Gemini, Says Regulator’s Actions Are ‘Counterproductive’
The chief executive of Gemini is calling the U.S. Securities and Exchange Commission’s (SEC) actions against the crypto exchange “counterproductive.” In response to the SEC recently charging Gemini with selling unregistered securities through its Earn program, Gemini CEO Tyler Winklevoss says that the SEC’s actions are disappointing and do nothing to aid in the recovery …
Bitcoin price rally to $19.5K prompts analysts to explore where BTC price might go next
After Bitcoin (BTC) hit a yearly high of $19,501 on Jan. 13, where is it headed next? Bitcoin is currently witnessing an uptick in bullish momentum after the positively perceived Consumer Price Index (CPI) report was followed by a strong rally across the crypto market. The recent rally in Bitcoin is creating increased volume levels …
3 blockchain use cases far beyond crypto
Blockchain use cases have expanded far beyond cryptocurrency in the past years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics, and financial services. The hype has many reasons behind it. Blockchains are decentralized, transparent, and increase the capacity of a whole network, opening a window for solutions that …
Crypto Biz: DCG’s ‘carefully crafted campaign of lies’?
The monumental collapse of FTX didn’t just destroy a crypto exchange and wipe out billions in customer deposits — it also exposed accounting irregularities at Barry Silbert’s empire, the Digital Currency Group, or DCG. That’s according to Bitcoin (BTC) billionaire and Gemini co-founder Cameron Winklevoss. The FTX blow-up caused Genesis Global Trading, another DCG firm, …
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DeFi was the most attacked ecosystem in 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem started 2023 on a bullish note, similar to the broader cryptocurrency market. However, the bullish start to the year didn’t diminish the damage caused by vulnerabilities …
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Bitcoin Price Prediction for Today, January 13: BTC/USD Stabilizes Above the $19,000 Resistance
The Bitcoin price prediction shows that BTC is trading at $19,264 as the coin seems to be preparing for another upward movement. Bitcoin Prediction Statistics […] Go to Source
French Investment Bank Société Générale Withdraws $7 Million From MakerDAO
Société Générale has minted a loan of $7 million worth of DAI from MakerDAO. The investment firm used home loan bonds as collateral to withdraw the stablecoins. Société Générale started a vault in the DAO last year after approval from its community. French investment banking giant Société Générale took a significant step towards blockchain adoption …
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Samsung’s Asset Management Subsidiary Launches Bitcoin Futures ETF in Asia
The Hong Kong-based subsidiary of Korea’s largest investment manager, Samsung Asset Management, is set to offer Bitcoin (BTC) futures exchange-traded funds (ETFs) to investors in Asia. Samsung Asset Management Limited (SAMHK) says it expects to list the new investment product on the Hong Kong Exchanges and Clearing Limited (HKEX) on January 13th. The HKEX is …
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Planet Mojo Partners With Community Gaming for Inaugural ‘Mojo Bowl’ Tournament, Competing for a $5,000 USDC Prize Pool
January 13, 2023 – Boston, Massachusetts Planet Mojo, the highly anticipated Web 3.0 gaming metaverse developed by Mystic Moose, today announces its first public tournament for Mojo Melee, the studio’s GAM3 award-nominated debut PvP title. The ‘Mojo Bowl,’ developed in conjunction with community gaming, will be held two days over Super Bowl weekend – February 11-12, 2023 …
Price analysis 1/13: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Bitcoin (BTC) rose above $19,000 on Jan. 12, the highest level since Nov. 8. Although a bull market may not start in a hurry, Glassnode data suggests that the foundation for a macro bottom in Bitcoin may be in place. The on-chain analytics firm tweeted on Jan. 12 that “13% of the Circulating Supply” returned …
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