Cryptocurrency Contents Archive

Oh no... #CZBinance #FTX https://t.co/peiSHPyyK5

Dan Friedberg story that cannot be taken down: https://t.co/nHElo1Glzp

100% thermal energy powering #Bitcoin miners in El Salvador 🇸🇻 https://t.co/QTcMsNDNga

Blockchain technology has evolved considerably since it first started receiving attention in 2009. In this blog, you can explore the potential of blockchain and its current use cases in modern society ⤵️ https://t.co/AUCHPYZku3

"This week, the noise is the wreck and drama. The signal is @elonmusk announcing Twitter will be offering peer-to-peer payments. He could intergrate #bitcoin and lightning today" "That is using the real technology", explains @CaitlinLong_ https://t.co/2AwWTMd0Es

FTX fiasco threatens industry meltdown, 25% drop in bitcoin: JPMorgan

83,000 BTC Liability but Zero BTC Held

FTX owes customers and other lenders, close to 83,000 BTC but does not have any left on the books. If it were to fulfill its obligations, it would require buying and sending $1.4 billion worth of BTC. This is obviously not going to happen but at least there isn't any BTC to dump. FTX has, in essence, been responsible for liquidating 83,000 customer's BTC. This sell pressure was the product of illegal use of funds. That's 83,000 BTC that were intended to be held but has been dumped on the market. How many other exchanges have leveraged customers' assets and have been liquidated?

One of the Biggest Exchanges, Huobi Detected Transferring Over 10,000 ETH After Releasing Its Asset Snapshot

End of the last #altcoin accumulation zone was marked by bullish weekly OBV divergence after breaking above a multi-month base. Similar setup appearing now, again at a point of extreme market fear after an "unprecedented event". Markup expected to follow. Watching closely. https://t.co/FAbJyzmnE2

Every single exchange should experience a bank run. If they survive, they deserve to exist. If they don’t, they deserve to be taken out, before they can grow and cause more damage later. Don’t trust exchanges have sufficient funds, verify it.

I think it’s important that everyone realize lots of exchanges have been taking user funds and using them for their own uses. They aren’t just taking fees - they are operating like a bank and operating on fractional reserves. Exchanges are artificially inflating the total supply of all crypto and suppressing the price by not fully holding the reserves their users trust them with. This is incredibly dangerous and contrary to the entire point of crypto. Yes exchanges going under will hurt all crypto but allowing exchanges to continue operating like this hurts us now and in the future. With the incredible amount of fear in the market surrounding exchanges - now is the time to test the exchanges as we’ll get the most support. Take your money out of exchanges the 2022 bank run is just beginning. The exchanges that survive will deserve to exist. #Don’t just trust exchanges hold their users funds, verify it.

We are coming for you Dan https://t.co/CtRlAiSMaJ

Insane that people take CZ as the actor of this entire case. SBF was fraudulent from the beginning and he was the bad player, firstly. Got nothing to do with the ethics of #Crypto and #Bitcoin, but most likely it will take time & then everything will be back stronger.

Bank run on exchanges - tide going out, let’s see who is swimming naked

Bitcoin, not crypto

Could Sam Bankman-Fried go to prison for the FTX disaster?