This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. I wrote earlier this year about how FTX rescuing other companies was not altruism, but rather good for business. I had no idea how essential for business it ended up…
Month: November 2022
EIB settles €100 million digital bond on private blockchain
According to a new press release on Nov. 29, the European Investment Bank, or EIB, issued a first-ever euro-denominated €100 million digital bond on a private blockchain-underpinned platform with tokenization help from Goldman Sachs. The latter, along with Société Générale Luxembourg, also act as the on-chain custodians for the financial instrument. The bond bears interest at a coupon rate of…
OpenSea CEO: FTX Fallout Is ‘Opportunity’ to Refocus on Trust
In brief OpenSea CEO Devin Finzer discussed the recent FTX collapse and the Solana NFT market with Decrypt. The top NFT marketplace recently announced that it will continue to enforce NFT creator royalties, despite counter moves from some rival platforms. The recent collapse of cryptocurrency exchange FTX has spawned a contagion that’s spreading throughout the industry. Beyond individual users, numerous…
Lighting Network Makes Bitcoin Scalable – Bitcoin Magazine
This is an opinion editorial by Stanislav Kozlovski, a software engineer and macroeconomic researcher. Many Bitcoiners have heard of Bitcoin’s “lack of scalability” — it is one of the most common critiques waged against the project by both gluttonous cryptocurrency competitors and incumbent establishment actors. Some oldtimers may remember the heated, bathed-in-controversy Blocksize Wars of 2015 to 2017 which, aided…
The creator of the FTSE100 launches indices for crypto
FTSE Russell, creator of the FTSE100 stock index, has released a series of indices whose constituents are digital assets, according to a press release released via its website on Nov. 29. The series has been produced in cooperation with Digital Asset Research. FTSE Russell is a subsidiary of the London Stock Exchange. The 2022 performance of the FTSE Digital Asset Index –…
Dogecoin Jumps 8% Overnight, Continuing Two-Week Rally
Dogecoin (DOGE) is up 7.7% over the past 24 hours, trading above its three-week high of $0.103 on Tuesday morning, according to data from CoinGecko. The industry’s first and largest meme coin now boasts a market capitalization of over $14 billion—a hefty increase of roughly $1.5 billion since yesterday—and is also the best-performing digital asset among the top 10 largest…
Bitcoin’s Energy Revolution Happening Now – Bitcoin Magazine
This is an opinion editorial by Kent Halliburton, President and COO of Sazmining. Though the intention of the Bitcoin white paper was to usher in a financial revolution by introducing the first effective peer-to-peer electronic cash system, we’re now seeing the inception of Bitcoin’s second revolution: Energy. Bitcoin miners serve as energy buyers of last resort, can work from anywhere…
SBF has long, candid talk with vlogger
Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time, SBF speaks about many of the major questions connected with the collapse of FTX. The first interview was conducted Nov. 6 and released Nov. 29 on YouTube.…
Bankrupt BlockFi Suing FTX Founder Over Robinhood Shares Promised as Collateral: Report
The recently bankrupt crypto lender BlockFi is suing FTX CEO Sam Bankman-Fried to obtain shares of Robinhood he allegedly pledged to the company as collateral earlier this month. The filing, which was initially reported by The Financial Times, came just hours after BlockFi filed for bankruptcy, citing “a liquidity crisis” caused by exposure to Bankman-Fried’s FTX exchange and its sister…
Bitcoin And Artificial Intelligence Frees Your Time – Bitcoin Magazine
This is an opinion editorial by Sydney Bright, a professional science writer on the topic of health benefits from mindfulness-based practices. Where is technology taking us? Will robots surpass our intelligence and replace us altogether? Will we combine with machines in some symbiotic merge that creates a new super being? Or are machines merely tools that will allow our more…