Bitcoin
FTX Hack or Inside Job? Blockchain Experts Examine Clues and a ‘Stupid Mistake’
Insolvent crypto exchange FTX suffered a $600 million exploit late Friday after filing for bankruptcy protection. Source link
Bitcoin
Bitcoin
Quant Points Out Striking Resemblance Between 2017 And 2021 Bitcoin Cycles
A quant has pointed out the similarities between the 2017 and 2021 Bitcoin cycles, something that could hint at how the rest of this bear market might play out. Both 2017 And 2021 Bitcoin Cycles […]
Bitcoin
Kevin O’Leary On His Attempts to Save FTX
Days before, O’Leary said, he was looking to make sense of the liquidity issue on FTX’s balance sheet. At the time, O’Leary said that he was receiving an influx of “inbound requests” from sovereign wealth […]
Bitcoin
Bitcoin Moves Differently From US Stock Market, Correlation Weakening?
Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be Weakening As BTC Has Been […]
Bitcoin
Visa Ends Its Debit Card Pact With FTX
The original partnership to release crypto debit cards in 40 countries was reported on in October. Source link
Bitcoin
Bitcoin Miner Cathedra Slashes Payroll Costs More Than 60% With Job, Salary Cuts
Cathedra has been cutting costs in the last two months through a “combination of lay-offs and salary reductions, canceling real estate leases, and eliminating significant other general and administrative costs,” the firm said in a […]
Bitcoin
The State of Crypto Taxation in India: Past, Present and Future
Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals. Source link
Bitcoin
Let’s Actually Commit to Proofs of Reserve This Time, Okay?
Let’s be clear. A PoR wouldn’t have “stopped” FTX, Quadriga, or Mt Gox. All three were insolvent for long periods of time, due to either fraud or hacks. But in a world where PoR is […]
Bitcoin
Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
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Bitcoin
Bitcoin Cash Could Be Legal Tender in St. Kitts by March, Prime Minister Says
“I welcome the opportunity to dialogue further, with a view to exploring future opportunities to engage in bitcoin cash mining, and making bitcoin cash legal tender here in St. Kitts and Nevis by March 2023, […]