
Crypto collapse: BlockFi even deader, crypto miners going broke, Sam will not shut up, Binance and Tether are fine
“I’m as confused by this as everyone else!”
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
“I’m as confused by this as everyone else!”
Anyone who’s worked in software development will understand the tale Overton tells.
“I think we’re shortly to find that embedded leverage in the sector was far, far higher than anyone, even its most ardent critics, expected.”
Musk seems to think that if a four-engine jet can stay in the air on one engine, the other three can be sold for scrap. This turns out to be incorrect.
Celsius used the finest accounting software known to crypto: a Google spreadsheet.
“Never in my career have I seen such a complete failure of corporate controls.”
We’re exhausted just keeping up with all the good news for bitcoin.
They all want to be Steve Jobs — and keep turning out to be Elizabeth Holmes.
“All crypto exchanges can be considered as being in a quantum state of Quadriga: until you open the box it is impossible to know if the money is inside or not, but it definitely won’t be by the time anyone decides to look.”
All crypto companies are as Quadriga as they can get away with. All of them.