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” Opinion: Crypto exchanges keep failing, so why do we still trust Changpeng Zhao? “ Cryptocurrency has faced more than its fair share of catastrophes, nearly all of which seemed as though they might end or at least seriously impede the continued growth of the sector. Yet despite the many “teachable moments,” the social layer…
” $1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy “ Five wallets tied to the defunct Canadian cryptocurrency exchange QuadrigaCX, previously thought to be inaccessible, have just been spotted moving around $1.7 million worth of Bitcoin after years of dormancy. Crypto researcher ZachXBT alerted the crypto community in a Twitter post on…
” Netflix‘s crypto swindler documentary draws wild community reaction “ Netflix’s new crypto documentary titled Trust No One: The Hunt for the Crypto King was released on Wednesday amid much fanfare. The documentary is based on the mysterious death of the now-defunct crypto exchange QuadrigaCX founder. The founder of the crypto exchange allegedly died on…
“# Wonderland co-founder throws in the towel on beleaguered DeFi project ” The co-founder of the embattled Wonderland decentralized finance project is preparing to pull the plug following a deeply divided community vote. On Jan. 30, Wonderland co-founder Daniele Sestagalli tweeted that the Avalanche-based reserve currency experiment is coming to an end. He added that…
“# Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox ” On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path forward after the doxing of his colleague Michael Patryn: “Do we wind down or continue to fight for the aspect of an…
“# Co-founder of defunct exchange QuadrigaCX allegedly runs Wonderland ” In a series of Twitter posts published Thursday, decentralized finance (DeFi) investigator zachxbt seemingly unveiled the true identity of previously anonymous QuadrigaCX co-founder Michael Patryn, doxxing him to be that of @0xSifu, the founder of DeFi protocol Wonderland. 1/ This needs to be shared @0xSifu…
“# Netflix to release documentary about QuadrigaCX CEO’s mysterious life and death ” Online streaming platform and production company Netflix will be producing a film on deceased crypto exchange QuadrigaCX founder Gerald Cotten. In a Sept. 23 tweet from Netflix, the platform announced Trust No One: The Hunt for the Crypto King documentary will premiere…
“# QuadrigaCX trustee only has $30M to pay $171M worth of claims ” The trustee of the controversial failed cryptocurrency exchange QuadrigaCX, Ernst & Young (EY), has revealed that it only has roughly $29.8 million in funds to distribute to claimants, despite receiving $171 million worth of claims. In a Nov. 6 update filed with…