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Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant

FTX : Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO. Former FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating and threatening colleagues who proposed solutions to reorganize FTX US’ management structure.  Harrison shared his experiences with Bankman-Fried and FTX US…


FTX allowed by bankruptcy judge to sell LedgerX, other assets

The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed, and its regional arms FTX Japan and FTX Europe. The judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell some of its assets to aid its efforts in repaying its creditors.  According to a…

gain crypto

Bitcoin and Ethereum gave back their gains, but has anything actually changed?

Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting.  Crypto markets threw a nice head fake this week by rallying into resistance on a “positive” Consumer Price Index (CPI) report, before retracing the majority of those gains right after Federal Reserve…


Why is Bitcoin price up today?

Bitcoin price is up today after the stock market’s start-of-year rally continued and as investors hope this week’s CPI report will show a reduction in inflation. Bitcoin price is up on Jan. 9, and a market-wide rally in crypto prices has some investors hopeful that the year-to-date high at $17,348 is a sign that BTC  $18,103 has bottomed.  After th continuation…

crypto companies

Crypto companies aim to build trust within future products and services

Companies are taking new approaches to building trust within Web3 and crypto products.  The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem.  A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released…


The Final Word on Decentraland ’s Numbers

Decentraland : Counting users in the metaverse is tough. CoinDesk scoured and analyzed multiple data sources to distill an answer. Key takeaways: Is it 38? 650? 7,000? It’s tough doing a census of the metaverse. Try as we might, CoinDesk, in the eyes of Decentraland’s fans, just couldn’t get the numbers right. Metaverse platforms such as The Sandbox and Decentraland present a challenge of sorting bots…

well fargo

Wells Fargo to Pay $3.7 Billion Settlement for Mismanagement

Wells Fargo has agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB) to resolve accusations of consumer abuses. KEY TAKEAWAYS Wells Fargo Fee Shatters Previous CFPB Record On Nov. 4, 2022, a Bloomberg report was published signaling that the CFPB would order Wells Fargo to pay over $1 billion in fines for alleged mistreatment of its customers, though the settlement…


Donald Trump Releases NFTs of Himself As Superhero For $99

Former U.S. President Donald Trump announced the release of limited edition NFT trading cards featuring himself depicted as a superhero, a cowboy, an astronaut, and more. Many of the cards will be one-of-a-kind, while others will be limited to 20 or fewer, according to the website.12 KEY TAKEAWAYS Gala Dinner With Trump Purchasers will receive perks based on the number of cards…