Monthly Archives: Dezember 2022

Crypto Market Frozen But CoinDesk Offers Insightful Analysis to Keep Traders Busy

• Bitcoin prices have been largely frozen near the levels they have held for the past two weeks. • CoinDesk recently revisited some of its best stories from the past year, including the implosion of crypto exchange giant FTX. • … Continue reading

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SEC Warns Investors: Don’t Put Too Much Faith in Crypto Audits

• The U.S. Securities and Exchange Commission is increasing its scrutiny of audits of cryptocurrency companies, warning investors not to place too much confidence in proof-of-reserve reports. • The SEC is warning both investors and audit firms that if it … Continue reading

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Craig Wright Abandons Quest To Prove He’s Satoshi Nakamoto

• Craig Wright, a computer scientist from Australia, has been attempting to prove in court for many years that he is the pseudonymous creator of Bitcoin, Satoshi Nakamoto. • After six years of controversy and legal battles, Wright has suggested … Continue reading

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Justin Sun and Valkyrie: Centralizing Crypto Industry with $580M BTC

• Justin Sun, the founder of Tron, has a large sum of Bitcoin stored with U.S.-based crypto asset manager Valkyrie Investments. • Valkyrie has built investment products for Justin tokens such as Tron’s TRX and BitTorrent’s BTT and has promoted … Continue reading

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Aave Adopts Chainlink’s PoR System to Secure Bridged Assets on Avalanche

• Aave, the popular decentralized finance (DeFi) protocol on Ethereum, is implementing a “proof of reserve” system on Avalanche. • This system will protect bridged assets on Avalanche, providing an extra layer of security. • The DAO behind Aave approved … Continue reading

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$250 Million Bond Secured For Former FTX CEO Sam Bankman-Fried

• Former FTX CEO Sam Bankman-Fried was released on a $250 million bond after appearing in U.S. Federal Court in New York. • The bond was secured by equity in his parents‘ Palo Alto, California home, and includes a long … Continue reading

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Orthogonal Trading Liquidated After Defaulting on $36M Loan

• Orthogonal Trading, a digital asset trading firm, has been placed under provisional liquidation by the British Virgin Islands courts after defaulting on $36 million of loans from M11 Credit-managed lending pools on decentralized finance protocol Maple Finance. • M11 … Continue reading

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FTX Collapse Leaves Few Winners, Law Firms and Consultants to Untangle Mess

• FTX’s collapse has left few winners, with the exception of the many law firms and consultants that will have to untangle the mess left by founder Sam Bankman-Fried. • Court filings detail the fees charged by lawyers, tax advisors, … Continue reading

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Scott Minerd, Chief Investment Officer of Guggenheim Partners, Passes Away at 63

• Scott Minerd, Chief Investment Officer of Guggenheim Partners, died Wednesday after a heart attack at the age of 63. • Minerd was known for his ever-shifting calls on bitcoin’s price, most notably predicting that it could reach $400,000 in … Continue reading

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What Are Plug-ins?

Plug-ins are programs that can be integrated into websites. They can be used to enhance the functionality of a website by allowing users to take advantage of more online. Plug-ins can be utilized for many different purposes that include social media integration … Continue reading

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