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Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are âMeaninglessâ
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind...
Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finneyâs Set of BTC Transactions
At the end of November, an unknown person signed a signature tied to an extremely old block reward mined on Jan. 19, 2009, and the user published a message and verified signature linked to...
Bahamian AG and Prime Minister Announce Sam Bankman-Friedâs Arrest in The Bahamas
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the countryâs attorney general Ryan Pinder. According to Pinder, SBFâs arrest âfollowed receipt of formal notification from...
Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that bitcoin investors will get richer when the Federal Reserve, the Treasury, and Wall Street pivot and trillions of dollars...
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTXâs restructuring website. Specific collections that were minted...
Report Suggests FTXâs Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to âManipulateâ Real Stock Prices
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe itâs...
Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet
According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform âas a fiat on-ramp to buy crypto.â Transakâs integration with the Coinbase wallet is...
Bitcoinâs Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
While bitcoin prices have been lower than the estimated cost of bitcoin production, the networkâs hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting...
ECB Blog Post Insists This Is âBitcoinâs Last Stand,â Officials Claim BTC Is Headed Toward âIrrelevanceâ
On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and JĂźrgen Schaaf seem to believe its âbitcoinâs last stand.â The ECB...
Biggest Movers: DOGE Down 10%, XRP Extends Declines
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sundayâs high. The meme coin raced to a three-week high over the weekend, however bulls appeared to...