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Crypto Derivatives Exchange for traders by traders.
4 Aug 2024 1 minute read 1 comment Bfab
Remember the FTX meltdown? It was a harsh reminder that even "legit" crypto can be a house of cards. But here's the thing: FTX was centralized. Everyone breathed a sigh of relief, thinking "true" crypto (aka DeFi) was safe. But have scammers taken no...
4 Jun 2024 1 minute read 0 comments 1btc = 1btc
FTX has settled its dispute with the Internal Revenue Service over its $24 billion in unpaid taxes, and can now focus on refunds A new stage in the FTX bankruptcy process According to Bloomberg, the FTX exchange, in the midst of its bankruptcy...
31 May 2024 1 minute read 5 comments LeftFooted
looking better than a year ago. The woeful crypto winter filled with scams (FTX, Luna) and high-profile bankruptcies (BlockFi, Celsius) generated a long list of losers, from people who lost money to people who lost their face to the high-ranking exe...
31 May 2024 1 minute read 3 comments Bfab
I recently read another intriguing blog post from Binance about Cristiano Ronaldo. It seems he's deeply involved with them. Hopefully, Binance will never crash like FTX. Otherwise, he might have the same issues as the celebrities involved in FTX's d...
10 May 2024 1 minute read 2 comments Yugocean
Dispute among creditors over FTX's compensation plan FTX has proposed to sell assets, and pay creditors 118% of the then token value. This plan has divided lenders into two groups. Objection: FTX creditors' representative Sunil Kavuri, ci...
23 Apr 2024 1 minute read 0 comments Bfab
We all ignored the huge red flags associated with SBF because 'he looked smart' and 'he made a lot of money.' Then it turned out that he was dumb as rocks, was a sociopath, and was just stealing our money. These words from Emin Gün Sirer echo loudl...
18 Apr 2024 3 minute read 7 comments SweptOverNiagara
Like most Bitcoin enthusiasts, I've been keeping tabs on when the next Bitcoin halving will occur. The history of Bitcoin suggests big moves as was seen in the previous halving. Remember in late 2019 when Bitcoin shot up to almost $20,000, then cont...
3 Apr 2024 1 minute read 1 comment Bfab
Okay, admit it. When you saw "Binance Charity Partners With Children of Heroes Foundation to Support War-Affected Children in Ukraine”, your first thought wasn't Mother Teresa. Crypto and charity haven't exactly held hands in the past. Let's be real,...
31 Mar 2024 4 minute read 0 comments MelegaSwap
This week saw Bitcoin (BTC) break the $70,000 barrier again as Q1 closed strong, with some analysts predicting a future surge to at least $180,000 in the next bull run. But regulation continues to be a hot topic, with the SEC making headlines and a U...
29 Mar 2024 1 minute read 4 comments LeftFooted
Sam Bankman-Fried got sentenced to 25 years in jail for the FTX chaos (and $11b in forfeiture). Does the punishment fit the crime? A quarter of a century is a long time, regardless of how old the defendant is when he gets sentenced. In Bankman-Frie...
