This is an opinion editorial by Thibaud Marechal, builder of Knox bitcoin custody provider. There has been a lot of coverage around the FTX catastrophic failure, with current developments and warning signs from the past. Will this have an influence on bitcoin in the coming years? I don’t care about shitcoin casinos, as most of them will probably be regulated…
FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users. In a telephone interview with crypto blogger Tiffany Fong, dated Nov. 16, Bankman-Fried claims to have made the decision to reopen withdrawals to Bahamian citizens as he did not want…
The FTX contagion has just claimed another crypto firm. BlockFi will file for Chapter 11 bankruptcy protection later today, a source at the company tells Decrypt. In an official announcement, the New Jersey-based company said it “will focus on recovering all obligations owed to BlockFi,” but that “recoveries from FTX will be delayed” due to the ongoing bankruptcy proceedings at…
This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and a Bitcoiner. “What Is Your Relationship To Money?” I’d argue that’s a more intimate question for many than “Are you happily married?” I’m sure most readers have never thought deeply about their relationship to money. Those raised with a scarcity mindset will never have…
In brief Pixelynx, a music metaverse startup co-founded by Deadmau5 and Richie Hawtin, is launching part of its Elynxir game this week. An augmented reality (AR) scavenger hunt will take place in Miami, and winning players will help control a virtual music act within Elynxir. Some music fans’ initial steps into the metaverse—and first experience owning an NFT—could come through…
This is an opinion editorial by Shane Neagle, the editor-in-chief of “The Tokenist.” Macroeconomic headwinds are continuously adding to a bearish narrative across all markets, including bitcoin. As of October 2022, bitcoin is down more than 60% since the start of the year, yet bitcoin’s trading volume remains fairly consistent since July 2022. Does that mean the majority of holders…
Israel’s chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption. In a 109-page report submitted to the Minister of Finance on Nov. 28, Shira Greenberg, chief economist at the Ministry of Finance, called for a more comprehensive regulatory framework that would bring…
Lisa Rubin, a blockchain attorney with Paul Hastings, sat down with Decrypt at 0xpo Crossroads in San Francisco to discuss legal misconceptions the industry still holds. Source: https://decrypt.co/videos/live-events/3L4KbTDS/fintech-lawyer-says-crypto-companies-should-seek-legal-advice-before-launch
This is an opinion editorial by Dustin Lamblin, a portfolio manager and AI quantitative researcher. When people work, they trade their personal time on Earth in exchange for money. As the old adage goes, “Time is money.” When people lose control over their money, they give up their most precious resource they have in their limited time on Earth: the…
Tech giant Apple has threatened to withhold Twitter from its app store, according to Tesla CEO and Twitter chief Elon Musk. The billionaire added: “This is a battle for the future of civilization. If free speech is lost even in America, tyranny is all that lies ahead.” Apple’s Threat to Musk and Twitter The battle for free speech has escalated…
