Crypto collapse: FTX first-day hearing, Genesis screws DCG, Silvergate Bank
“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.”
Tag: bitfinexed
Tether’s bad month: CFTC, Bloomberg, Reggie Fowler
Large crypto traders stick by Tether because there’s nowhere else for them to go — Tether is the only game in town.
News: Stopping ransomware, China hates miners, Ecuador CBDC history, NFTs still too hard to buy
Things happened that aren’t in El Salvador!
Bitcoin is going through the roof! — it’s manipulation with Tethers, not organic demand
Number go up! This is totally organic market activity! People just really like Bitcoin 40% more than they did last week!
Decrypt: The fictional trading reserve — by me, after Tether announced that the skeptics had been right all along
So, it turns out that Bitfinex’ed was right about everything.
News: Australia “nah mate” to blockchains, Bitfinex/Tether push Rothschild conspiracy theories, JPEG blockchain DRM, miners as locusts, Initiative Q
“The market can stay irrational longer than you can retain hope for humanity.”
News: BitFi hack, Court of the Blockchain, BitForex fake volume, .luxe for Ethereum domain names, crypto mining still environmentally awful, Bitcoin still useless, Tether
You can definitely trust John McAfee on all crypto-related matters. Maybe.
News: Exitscam.me, UK Treasury, IBM’s dollar-substitute token, Stripe, KodakCoin
And there’s a Wikipedia article on the Kodak KashMiner.
Explaining the Justice Department/CFTC criminal investigation into Bitcoin trading — and likely Bitfinex/Tether
A rundown of what market manipulations warrant a criminal investigation — and why Bitfinex/Tether are a likely focus.
News: Kleiman v. Wright, Playboy TV, SEC vs crypto hedge funds, Coinbase gets UK banking, Bitfinex’ed hires Palley, Mt. Gox the Movie, Twitter bans
Featuring the trailer from Effortless French, a.k.a. Mt. Gox the Movie.