News

Today’s Top Crypto News, Wednesday December 7th •Binance’s Bitcoin Reserves Are Overcollateralized, Says Audit– CoinDesk “Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.).” •Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire– Coindesk “Freeman is facing eight counts related to tax evasion and operating an

Today’s Top Crypto News, Tuesday December 6th •Leaked Twitter Code Reveals Secret Crypto Bombshell, Raising Serious Bitcoin And Dogecoin Questions– Forbes “Tech sleuths claim to have unearthed a secret new Twitter feature that could be about to play havoc with the world of bitcoin and crypto (including Elon Musk’s favorite,

Today’s Top Crypto News, Monday December 5th •Bitcoin’s Status Quo Is Making Some Long-Time Observers Nervous– Bloomberg “Cryptocurrencies are maintaining the status quo in the wake of the most recent market downturn and that is being viewed by some long-time observers as an ominous sign.” •Crypto community baffled by SBF

Today’s Top Crypto News, Friday December 2nd •Bitcoin Slips as US Economy Added a Strong 263K Jobs in November– CoinDesk “The unemployment rate was unchanged at 3.7%.” •Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price– CoinTelegraph “Bitcoin miners are upping sales, but BTC price metrics

Today’s Top Crypto News, Thursday December 1st •Crypto Lenders’ Woes Worsen as Bitcoin Miners Struggle to Repay Debt– Bloomberg “Beleaguered crypto lenders are being dealt another blow from Bitcoin miners as they weather the aftermath of the FTX collapse.” •Compass Mining Launches Bitcoin Miner Protection Plan– CoinDesk “On Monday, GMX

Today’s Top Crypto News, Wednesday November 30th •First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease– CoinDesk “ALSO: Sam Reynolds writes that most of Grayscale’s digital asset trusts are trading at a deep discount, and that many other digital asset trusts that have significant assets face the same predicament.”

Today’s Top Crypto News, Tuesday November 29th •Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K– CoinTelegraph “BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing.” •First Mover Americas: BlockFi the Latest Chapter (11) in FTX Saga– CoinDesk “Crypto lender

Today’s Top Crypto News, Monday November 28th •FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says– CoinDesk “Rostin Behnam, the agency’s chairman, did say FTX executives met frequently with the regulator.” •Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit– CoinTelegraph “A few weeks ago,

Today’s Top Crypto News, Wednesday November 23rd •‘Dot-Com Era On Steroids’—Here’s How Bad The $2.2 Trillion Bitcoin And Crypto FTX Price Crash Could Get– Forbes “Bitcoin and cryptocurrencies have been plunged into chaos after the implosion of major crypto exchange FTX—with the U.S. president leading calls for game-changing, global crypto

Today’s Top Crypto News, Tuesday November 22nd •Bitcoin Miner Core Scientific Has Lost $1.7 Billion This Year– Bloomberg “Core Scientific Inc., the largest US publicly-traded Bitcoin mining company in terms of computing power, said its loss for the first nine months of the year climbed to over $1.7 billion.” •Cathie

Today’s Top Crypto News, Monday November 21st •Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto– CoinDesk “High bond yields are reflective of sharply higher interest rates as well as genuine skepticism about the long-term viability of crypto amongst institutional investors, one investor said.” •Bitcoin mining difficulty

Today’s Top Crypto News, Friday November 18th •‘A Complete Failure of Corporate Controls’: What Investors and Accountants Missed in FTX’s Audits – CoinDesk “An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.”

Today’s Top Crypto News, Thursday November 17th •Binance to Relaunch Bid for Bankrupt Crypto Lender Voyager– CoinDesk “The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance.” •‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship– CoinTelegraph “Binance’s CEO reflects on

Today’s Top Crypto News, Wednesday November 16th •Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse– CoinDesk “The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.”

Today’s Top Crypto News, Tuesday November 15th •FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder– CoinDesk “Funds were converted to DAI stablecoins and bridged to the Ethereum network.” •Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout– CoinDesk “FTX founder Sam Bankman-Fried was

Today’s Top Crypto News, Monday November 14th •After Bitcoin’s Worst Week in 5 Months, Here’s What Crypto Analysts Are Saying– CoinDesk “A roundup of commentary on how digital-asset market analysts see the next few months unfolding.” •Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin

Today’s Top Crypto News, Friday November 11th •FTX Files for Bankruptcy Protections in US; CEO Bankman-Fried Resigns– CoinDesk “Crypto exchange announced it had “liquidity” issues earlier this week.” •Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011 – CoinDesk “A Bitcoin whale has moved 3,500 BTC to new wallets