In the slightly lighter news this week, there was another very nice detail to be found in Elon Musk’s latest biography by Walter Isaacson. This created a whole new type of crypto scam. Bitcoin rose slightly thanks to the inflation data from the United States and the Deutsche Bank news and is once again trading close to […]
Even though the long-awaited inflation data from the United States was mostly a non-event for Bitcoin, that does not mean that there is no interesting crypto news. For example, Binance in the United States recently fired a third of its staff and Vitalik Buterin confirmed that his social media hack was indeed done via a so-called […]
Ms Ruja Ignatova, infamous as the missing ‘cryptoqueen’ because of the pyramid scheme OneCoin with which she amassed some 5 billion dollars in 2014-2016, is still missing. Her partner Karl however, the co-founder of OneCoin, has now been sentenced to twenty years in prison in the United States. 46-year-old Karl Greenwood founded the OneCoin phenomenon together with […]
John Ray III was appointed several months ago by a judge in New York to investigate the bankruptcy of FTX. By now, he seems to have amassed some 7 billion dollars in assets which can be redistributed. That is probably not enough to pay back all debtors or give all former FTX customers their funds […]
Bitcoin has been in a “boring” trading band between $25,000 and $30,000 for a few months now, but there will normally be renewed volatility as from Wednesday. The inflation data from the United States will be viewed with a magnifying glass by both crypto and stock market traders. The Federal Reserve will determine on the […]
This weekend, Ethereum founder Vitalik Buterin’s social media account got hacked (a scam ensued) and on Friday a post went round making everyone believe they could get free coins from the Grayscale Bitcoin Trust. In all, two new scams during a time that Bitcoin is still moving very calmly. So, continuing to pay attention remains […]
In Turkey, many people buy Bitcoin to, let’s be honest here, escape President Recep Tayyip Erdoğan’s rather experimental trend of setting interest rates to control inflation. Erdogan often disagrees with central bankers and economy ministers and therefore has his own way of doing things. This has led to sky-high inflation and an impoverishment of the local population, who have therefore been […]
The clock is ticking and the rats are leaving the sinking ship. In New York this week, Ryan Salame, the former co-CEO of the FTX branch in the Bahamas (where Sam Bankman-Fried was arrested), pleaded guilty. He thus becomes the fourth person from the former FTX board of directors to plead guilty. The pressure on […]
Bitcoin is very boring again and seems to be waiting for some news on interest rates to change direction. In the United States the crypto crowd is counting down towards the FTX process which will start in a few weeks and in the meantime the New York Times calculated who the real winners were from […]
Things are not going well for Sam Bankman-Fried, the former billionaire and founder of FTX, the third largest crypto site in the world until last year. Sam is in jail in Brooklyn, has no access to vegan food or medication for ADHD, only gets access to a laptop for a few hours a day and […]
