Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’
17.12.2022
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 of credit default swap. “Our auditors were learning on the job,”...
Hal Finney’s Wife Fran Activates Her Husband’s Twitter Account to Protect It From ‘Being Purged’ by Elon Musk
17.12.2022
Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that the social media platform planned to purge 1.5 billion Twitter names if they were inactive or the accounts haven’t logged in for years. After the statement, bitcoiners grew concerned that the now-deceased computer...
The outcome of SBF's prosecution could determine how the IRS treats your FTX losses
16.12.2022
Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win
Bahamas Corrections Commissioner Says FTX Co-Founder Bankman-Fried Is in ‘Good Spirits’ in the Prison Sick Bay
16.12.2022
According to local reports, former FTX CEO Sam Bankman-Fried (SBF) is in “good spirits” and is being kept in the maximum security unit in the sick bay. SBF is held in custody at the Bahamas Department of Correctional Services (BDOCS), a jail called Fox Hill that is known for being filthy, and...
Hal Finney's wife resumes activity on Bitcoin pioneer's Twitter account to avoid potential purge
16.12.2022
Under Elon Musk’s leadership, Twitter suspended a number of accounts including those controlled by high-profile journalists and social networking platform Mastodon
Argentina’s province to issue US dollar-pegged stablecoin
16.12.2022
The bill also authorizes local artists to issue nonfungible tokens (NFT) to promote financial and cultural inclusion
Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops
16.12.2022
Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto Stories: Dr. Adam Back shares his life of hacks
16.12.2022
A cartoon version of Dr. Adam Back recounts stories of hacking coded doors at university and the inception of Hash Cash in the latest of Cointelegraph Crypto Stories
Kadena CEO Stuart Popejoy on blockchain design: proof of work is a feature, not a flaw
16.12.2022
The former JPMorgan executive shared how he learned to love crypto and why the Kadena is not letting go of its firm embrace of proof of work
Corporate America has finally taken notice of Web3: US trademark lawyer
16.12.2022
Trademark applications filed this year covered various disparate sectors
Bitcoin and Ethereum gave back their gains, but has anything actually changed?
16.12.2022
Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting
US Financial Stability Oversight Council urges congressional action on crypto
16.12.2022
According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”