The new CEO of FTX, appointed after the crypto exchange filed for bankruptcy, has blasted the company under former CEO Sam Bankman-Fried. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” he said in a court filing. ‘Complete …
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains How Her Crypto Bill Would Prevent the FTX Catastrophe U.S. Senator Cynthia Lummis (R-WY) explained in a …
The newly appointed CEO of FTX provides initial bankruptcy filing calling previous management a “complete failure” and details misuse of corporate funds. FTX Exchange, following the collapse of its business, has filed its first day declaration in bankruptcy court citing a “complete failure of corporate controls,” per a court filing. John J. Ray III, the …
FTX Exchange Release Day One Bankruptcy Filing: “Complete Failure” Leggi altro »
Fiat money leads to a degradation of incentives, creating a society motivated only by the consumption of resources and zero value production. This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. We want nice things. We want to live in a nice …
Bitcoin Songsheet: How Fiat Money Ruins Civilization Leggi altro »
Along with other bitcoin companies, Blockstream is spearheading a developer community to further Lightning and layer-2 development. Blockstream, a company focused on scaling bitcoin, is launching a platform to connect developers, entrepreneurs, and Bitcoiners from around the world to build on Core Lightning and the Liquid Network, per a release sent to Bitcoin Magazine. Build …
Blockstream Launches BOL2: Community For Bitcoin Development Leggi altro »
Citizens of El Salvador still face certain obstacles in their bitcoin adoption journey, but still look forward to the future. This is an opinion editorial by Rikki, Bitcoin explorer, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. All images included in this article are sourced from the author. Although Bitcoin adoption and usage …
The Challenges Of Bitcoin Adoption Aren’t Stopping Salvadorans Leggi altro »
El Salvador President Nayib Bukele yesterday announced the country would begin purchasing one bitcoin every day, starting today. Nayib Bukele, President of El Salvador, announced late last night that the country would be purchasing one bitcoin every day starting today. The move to dollar-cost-average (DCA) into bitcoin is common in the community, however novel for …
El Salvador To Buy One Bitcoin Every Day: President Bukele Leggi altro »
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