life is tough, get a helmet
19 Dec 2022 2 minute read 2 comments ZeroRequiem
Hey Peeps! The founders of IcomTech and Forcount, later known as Weltsys, have been charged with Wire Fraud, Conspiracy to Commit Wire Fraud and Conspiracy to Commit Money Laundering. The Department of Justice has announced that 9 people will be...
18 Dec 2022 1 minute read 8 comments ZeroRequiem
Hey Peeps! The CEO of Binance, Changpeng "CZ" Zhao, reportedly told his staff, via a memo: “While we expect the next several months to be bumpy, we will get past this challenging period, and we’ll be stronger for having been through it.” The mem...
17 Dec 2022 2 minute read 15 comments ZeroRequiem
Hey Peeps! Changpeng Zhao, more commonly known as CZ, is making the news again as he says "most people, for 99% of people today, asking them to hold crypto on their own, they will end up losing it". The moment happens as CZ is answering question...
16 Dec 2022 2 minute read 8 comments ZeroRequiem
Hey Peeps! The Government has set their sights on crypto and nothing feels safe anymore. On December 14th, U.S. Senators Elizabeth Warren and Roger Marshall proposed a bill that will impact self-custody crypto wallets, by requiring platforms an...
15 Dec 2022 1 minute read 10 comments ZeroRequiem
Hey Peeps! On December 14th, the U.S. Committee on Banking, Housing, and Urban Affairs met for a hearing titled “Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers”. The witnesses for this hearing were: Hilary J. Allen, Professor...
14 Dec 2022 1 minute read 6 comments ZeroRequiem
Hey Peeps! The largest cryptocurrency exchange on the planet may be headed for some tough times in the future. The U.S. Department of Justice is reportedly split over charging Binance with Money Laundering. I had not known this before, but app...
13 Dec 2022 1 minute read 8 comments ZeroRequiem
Hey Peeps! We got him! The Most Wanted Man in all of Crypto, Sam Bankman-Fried, has finally been caught and arrested. Earlier today, SBF was arrested by authorities in the Bahamas, at the request of the U.S. Government SBF is being charged with...
12 Dec 2022 1 minute read 1 comment ZeroRequiem
Hey Peeps! FalconX is a global crypto trading platform that is used by financial institutions. On Thursday, December 8th, FalconX announced in a blog post that the company has an exposure of 18% of its "unencumbered cash equivalents". It was...
11 Dec 2022 1 minute read 4 comments ZeroRequiem
Hey Peeps! Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ) are butting heads on Twitter and the world is watching on from the sidelines. On Friday, December 9th, CZ tweeted out an 11-part thread that started about Kevin O'Leary and his FTX in...
10 Dec 2022 1 minute read 5 comments ZeroRequiem
Hey Peeps! On December 7th, international audit, accounting and consulting firm, Mazars published their report of Binance's Proof-of-Reserves and Proof-of-Liabilities. A snapshot of Binance's total reserves and liabilities were taken, at Novembe...
