Realized losses from FTX collapse peaked at $9B, far below earlier crises
Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion…
Day: 15 December 2022
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
The CEO of Bitgo stated that the Alameda representative failed the security verification process required…
Kevin O’Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes…
Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney’s Set of BTC Transactions
At the end of November, an unknown person signed a signature tied to an extremely…
Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape
Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be…
FTX ex-staffer: Extravagant expenditures and cult-like worshipping of SBF
A former FTX employee has revealed details regarding the lavish expenditures of the exchange as…
Only 1% of people can handle crypto self-custody right now: Binance CEO
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of…
NFTs minted on FTX break: Nifty Newsletter, Dec. 7–13
Because of the “ridiculous amount” of NFTs being minted, entrepreneur Gary Vaynerchuck argued that it’s…
Maple Finance 2.0 overhaul aimed at speeding up the defaulting process
The overhaul of the protocol, dubbed “Maple 2.0” comes only weeks after the platform saw…
Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K
BTC bears are positioned to profit from this week’s Bitcoin options expiry, especially if price…
SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had…
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in…
Crypto users claim Gemini email leak occurred much earlier than first reported
Alleged reports of compromised emails began appearing as early as October.
‘Third-party incident’ impacted Gemini with 5.7 million emails leaked
Users’ emails and partial phone numbers were leaked in what Gemini claimed to be a…
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as…