FTX US Freezes Crypto Withdrawals, Sending Millions in Assets Into Bankruptcy Limbo
The exchange website told another story.
Sight Tech Global 2022 agenda announced
The third annual Sight Tech Global conference, a virtual, free and highly accessible event on December 7 and 8 convenes some of the world’s top experts working on assistive tech, especially AI, for people who are blind or visually impaired. If you don’t follow this topic, maybe you should, because a lot of cutting-edge tech … Read more
Numerous social apps see gains in wake of Twitter chaos, new data shows
The drama at Twitter following Elon Musk’s acquisition has seen some users looking for an exit. In recent days, alternative social apps and microblogging platforms have seen strong gains, including, most notably, the open-source decentralized Twitter alternative Mastodon. The service’s founder and CEO recently announced Mastodon had topped 1 million monthly active users, after more … Read more
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Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy
Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy with BTC price slipping below its June lows again.
Framework Ventures co-founder says DeFi gives hope following FTX collapse
FTX’s downfall will heighten the need for regulation but also pique long-term interest from venture capitalists looking to invest in decentralized finance (DeFi), according to Michael Anderson, co-founder of Framework Ventures. “It just seems obvious that DeFi is the only way that we can continue to do these types of financial services operations in the … Read more
FTX Employees Worldwide Learned of Bankruptcy Along With the Public
Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.
US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing
Investors appear to be favoring more regulated and transparent platforms.
Things I’ve Seen
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Digital Currency Group aporta US$140M a la empresa de trading Genesis
Genesis informó que su negocio de derivados actualmente tiene alrededor de US$175 millones en fondos bloqueados en su cuenta de trading de FTX.
SpaceX, Relativity and others urge FCC to stay in its lane
Major space companies, including SpaceX and Relativity, are urging the U.S. Federal Communications Commission (FCC) to stick to its purview — spectrum usage — as it looks to potentially update its rules for in-space servicing, assembly and manufacturing (ISAM) missions. There is plenty that the FCC could — and should do — to support ISAM … Read more
FTX crisis likely to spark a domino effect, macro analyst explains
The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.
How to replace your Wi-Fi router without disconnecting all your devices
Samar Haddad / The Verge When it’s finally time to get a new Wi-Fi router, there’s no need to panic. Whether you’ve switched internet service providers or you’ve decided to get something snappier, snazzier, and more reliable than whatever piece of plastic your ISP handed you, upgrading your router doesn’t have to be a headache. … Read more
SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation
Hester M. Peirce discusses the “negative attention” crypto has gotten in the last week and why the downfall of crypto exchange FTX is perhaps the push regulators needed to “sit down and do some of the regulatory work.”
Reverse Engineering an EV Charger
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Bitcoin vuelve a caer tras la declaración de quiebra de FTX
El Índice de Mercado de CoinDesk cayó 3% durante las primeras horas del viernes de los Estados Unidos.
Ex-Ethereum Miners Token Hop to Stay Alive After the Merge
Following the Ethereum Merge, only 20% of miners have switched to other proof-of-work networks.
Man arrested in Canada for alleged participation in LockBit ransomware campaign
The 33-year-old Mikhail Vasiliev is currently in Canadian custody awaiting extradition to the United States. | Photo by Amelia Holowaty Krales / The Verge Russian-Canadian national Mikhail Vasiliev was arrested in Canada on Wednesday over his alleged participation in the LockBit ransomware campaign, which has claimed at least 1,000 victims in the United States. Thirty-three-year-old … Read more
FTX lesson: Crypto needs the press, the press needs crypto
CoinDesk played a central role in this week’s FTX meltdown, following our coverage of Alameda Research’s suspect balance sheet last week. But the crypto industry’s maturation and eventual success requires that we flesh out these unstable structures and bad practices.
Kevin Conroy, the iconic voice of Batman, has died
Photo by Chelsea Guglielmino/Getty Images Kevin Conroy, the voice actor who was the Batman for a generation, passed away at the age of 66, The Verge has confirmed. In an email seen by The Verge, DC public relations wrote, “It is with profound sadness that I send this to you today. Kevin Conroy, the quintessential … Read more
Data and Reality (1978)
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Demystifying financial leverage
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How Sam Bankman-Fried’s ‘Effective’ Altruism Blew Up FTX
The Alameda Research and FTX founder believed he had singular insight into how to fix the world’s problems. Instead, he wound up exemplifying them.
Pixxel’s Awais Ahmed talks going hyperspectral in dual-use at TC Sessions: Space
Orbital imagery is becoming commonplace in industries and defense, but looking beyond the visible spectrum has yet to break through into the mainstream. Pixxel is poised to change that with its hyperspectral imaging satellites, and co-founder Awais Ahmed will join us at TC Sessions: Space in Los Angeles on December 6 to tell us why … Read more
CySEC requested FTX’s European arm suspend operations prior to bankruptcy: Report
FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States.
Waymo’s driverless taxis keep making incremental progress, while others flounder
Image: Andrej Sokolow/picture alliance via Getty Images Waymo keeps (driverless) trucking along. The Alphabet division made a couple of announcements this week meant to highlight the progress — albeit incremental — of its robotaxis. The first was that, starting this week, anyone who downloads the company’s app can now hail one of Waymo’s driverless vehicles … Read more
Warrior Nun is schlocky nuns, guns, and demon fun
Nuns with swords. | Image: Maria Heras / Netflix It was when the stately nun grabbed a gun and proceeded to take out a room full of demon-infested priests that I knew Netflix’s Warrior Nun had finally figured out what kind of show it was — and that show was entertaining as hell. Warrior Nun, … Read more
Pet insurance startups chase the market as pet ownership booms among Gen Z and Millennials
Walk through any public park these days and you will see a hell of a lot more dogs than you might have done three years ago. The loneliness of the pandemic lockdowns led to an explosion in pet ownership. Plus, The demographic of pet ownership has shifted. Whereas previously it was Granny or Grandpa who … Read more