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” FTX ex-staffer: Extravagant expenditures and cult-like worshipping of SBF “ A former employee of crypto exchange FTX has seemingly exposed the company’s excessive luxury expenditures, obsessive workplace culture and grueling work hours leading to the hiring of a company psychiatrist in the year before its collapse. Danielle Cloud, a former employee of FTX claiming…
” Only 1% of people can handle crypto self-custody right now: Binance CEO “ Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody, suggesting that 99% of people choosing to self-custody their crypto will likely lose it one way or another. CZ has been been a supporter of self-custody for years, referring…
” Binance ‘put FTX out of business’ — Kevin O’Leary “ The collapse of FTX was triggered by Binance, claimed investor Kevin O’Leary on Dec. 14 speaking at the United States Senate committee hearing about the crypto exchange meltdown. O’Leary, who was a paid spokesperson for FTX, provided details about conversations with Sam Bankman-Fried in…
” MetaMask to allow users to purchase and transfer Ethereum via PayPal “ Digital payments platform PayPal has teamed up with MetaMask parent company ConsenSys to allow MetaMask users to purchase and transfer Ether (ETH) via PayPal’s platform. According to the Dec. 14 announcement, the service will initially be rolled out only to select PayPal users within…
” Crypto users claim Gemini email leak occurred much earlier than first reported “ “Not handled well,” was how one user described the revelations brought forth by Cointelegraph on Dec. 14 with regards to a leak of 5.7 million Gemini customers’ email addresses and partial phone numbers. Shortly after publication, multiple users reached out to…
” Gemini allegedly suffered data breach; 5.7 million emails leaked “ Cryptocurrency exchange Gemini appears to have suffered a data breach on or before Dec. 13. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to customers’ account numbers, email addresses, and partial phone numbers. In the case of…
” Will FTX’s ill wind reach the Global South? Maybe not “ With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the West that crypto is having its “Lehman moment”? Brazil may…
” Nasdaq warns Bitcoin mining firm Bitfarms about share price deficiency “ The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter. Bitfarms received a warning notification from Nasdaq on Dec. 13 because the company’s share price has stayed below $1 for 30 consecutive…
” Jack Dorsey pushes for decentralized Twitter alternative “ With the internal investigation led by Elon Musk identifying censorship-related issues on Twitter, the social platform’s former CEO Jack Dorsey has promoted the idea of a “free and open protocol” for social media. In a post, Dorsey highlighted some potential solutions to the current problems of…
” Binance US finally rolls out mobile payments service to US customers “ United States crypto exchange Binance US has finally rolled out its Binance Pay service — some 22 months after the feature was launched by the global exchange to its customers outside the U.S. in 2021. The service, which was rolled out a…