After FTX: Explaining the Difference Between Liquidity and Insolvency
Did FTX fall because of a “liquidity crisis” or a “run on the bank,” or was it insolvency? The language matters, says Frances Coppola.
After Sam Bankman-Fried’s Arrest, the FTX Show Goes On
Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.
Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K
BTC bears are positioned to profit from this week’s Bitcoin options expiry, especially if price stays below $18,000.
SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents.”
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment.
Ask HN: Best board games of 2022?
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Microsoft and Viasat are using satellites to bring 10 million people online
Microsoft’s Airband program has traditionally focused on fixed wireless, TV white spaces, fiber optics, and Citizens Broadband Radio Service. | Illustration by Alex Castro / The Verge As a variety of organizations and companies are working to expand (and sometimes restore) electricity to the hundreds of millions of people who don’t have it, tech companies … Read more
Binance ‘put FTX out of business’ — Kevin O’Leary
A US Senate committee heard details of the investor’s conversations with Sam Bankman Fried before the collapse.
Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman
Rep. Ritchie Torres (D-N.Y.) discusses how the disgraced CEO “misled the public” and what he did with Bankman-Fried’s $2,900 political donation.
Here is why Bitcoin price gave back all its intraday gains
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.
The Nier: Automata anime is coming to Crunchyroll in January
Image: Aniplex Nier: Automata, Yoko Taro’s quirky but heartfelt action RPG, is being adapted into an anime that will be streaming on Crunchyroll early next year. The show, which was first announced in February and officially titled Nier: Automata Ver1.1a, will begin streaming January 7th, Crunchyroll spokesperson Tyler Schirado said in an email to The … Read more
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Here are 37 last-minute gifts you can still get before the holidays
I dare anyone to turn their nose up when receiving a shiny iPad Air for the holidays. | Photo by Amelia Holowaty Krales / The Verge The holiday shopping window is closing fast, but there’s still time to pick up a few things that will arrive in time for your favorite nondenominational gift exchange. Whether … Read more
NFT Marketplace Magic Eden Rolls Out Rewards Program
After re-enforcing royalties earlier this month, the marketplace will reward users for their trading volumes on the marketplace.
The Death of SRAM?
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FuboTV is down during a World Cup semifinal game
FuboTV had issues in the hours leading up to the game. | Photo by Jakub Porzycki/NurPhoto via Getty Images FuboTV is down during the World Cup, preventing users from watching the semifinal game between France and Morroco. According to FuboTV’s status page, the service has been experiencing issues since 9:20AM ET, affecting account creation and … Read more
MetaMask to allow users to purchase and transfer Ethereum via PayPal
The service will initially be rolled out to select PayPal users within the United States
Here are the best books that TechCrunch read this year
While the TechCrunch crew enjoys a tweet and a post from time to time, we also enjoy reading longer-form materials. So much so that we are compiling a year-end revue of our favorite reads. This is not just a list of serious business books, or just fiction that was published this year. Instead, we have … Read more
Bitcoin Miner Core Scientific’s Lender Wants to Give Miner $72M to Avoid Bankruptcy
Investment bank B Riley said most of the struggling miner’s issues are “self-imposed and can be corrected.”
Despite the FTX mess, the crypto market looks to the future
Even as Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, was arrested and denied bail earlier this week, the questions around the case — and what lies ahead — continue to linger. “The arrest of Bankman-Fried was both overdue and jumping the gun,” Matthew Barhoma, founder of Barhoma Law and Power Trial … Read more
Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023
Rather than centralizing the digital dollar, lawmakers should focus on exploring a decentralized identification program and develop financial literacy programs for the general public.
Senate FTX hearing: calls for regulation and crypto criticisms aplenty
“Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped,” said Senator Pat T
The Agenda podcast chats crypto and sex work with WetSpace CEO Allie Rae
Allie Rae of WetSpace joins Cointelegraph’s new podcast The Agenda to discuss how crypto and blockchain can empower adult content creators.
NFTs minted on FTX break: Nifty Newsletter, Dec. 7–13
Because of the “ridiculous amount” of NFTs being minted, entrepreneur Gary Vaynerchuck argued that it’s unlikely for another market boom to happen.