What Makes a Shitcoin ‘Shit’? Major Figures in Crypto Disagree
If you’re not sure what differentiates a «shitcoin» from an altcoin, don’t worry: some of the industry’s biggest names at LaBitConf aren’t either.
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.
Elon Musk: Sam Bankman-Fried ‘Set Off My BS Detector’ When He Approached About Twitter Investment
When SBF approached Musk about investing in his Twitter bid, Musk asked his banker Michael Grimes, «Does Sam actually have $3B liquid?»
Traders take a neutral position after Ethereum futures contracts see massive liquidations
ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations.
FTX Foundation Shutters Effective Altruism Fund as Key Execs Resign
The ambitious philanthropic project is set to wind down its operations following the near collapse of its parent and beneficiary FTX.
Tron’s Justin Sun Announces Plans to Return ‘Normalcy for All FTX Users’
The Tron founder’s statements prompted a spike in the value of Sun-related cryptocurrencies currently trapped on crypto exchange FTX.
Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar de-peg, alleges Tron’s founder.
Alameda Research FTT token transfer from September fuels wild speculations
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient.
Cathie Wood’s Ark Invest Scoops Up Another $21.4M in Coinbase Stock
Cathie Wood’s investment house took another opportunity to buy the dip, snapping a sizeable amount of Coinbase stock on Tuesday.
Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions.