# Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger

# Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger

“# Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger ” Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on crypto. In the Berkshire Hathaway Annual Shareholders Meeting streamed live on Saturday, Munger addressed…

Read More
# Spartan Protocol exploit results in loss of M

# Spartan Protocol exploit results in loss of $30M

“# Spartan Protocol exploit results in loss of $30M ” Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday.  The exploit targeted a “flawed liquidity share calculation” in the SPARTA/WBNB liquidity pool, which enabled the attacker…

Read More
# Coinbase to acquire Skew crypto data analytics platform

# Coinbase to acquire Skew crypto data analytics platform

“# Coinbase to acquire Skew crypto data analytics platform ” United States cryptocurrency giant Coinbase is acquiring institutional-grade blockchain data analytics platform Skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions by using real-time data analytics. “We’re…

Read More
# Intercontinental Exchange sells Coinbase stake for .2B

# Intercontinental Exchange sells Coinbase stake for $1.2B

“# Intercontinental Exchange sells Coinbase stake for $1.2B ” Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase. Announcing the news Thursday on a financial results call for the first quarter of 2021, ICE…

Read More