Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried (SBF) being candid in his discussions about the collapse of his crypto exchange, FTX. “SBF has not, in fact, been candid in his discussions. He committed fraud, full stop,” one critic stressed. Maxine Waters Slammed for Appreciating Sam Bankman-Fried Congresswoman Maxine Waters (D-CA), chairwoman of the House Committee on Financial Services, was slammed on social media after she tweeted her appreciation to former FTX CEO Sam Bankman-Fried (SBF) Friday. Waters is leading a congressional hearing on the collapse of crypto exchange FTX, which will begin on Dec. 13. The lawmaker wrote: “We appreciate that you’ve been candid in your discussions about what happened at FTX. Your … [Read More...]
Cross-chain Platform 3air Launches Token on Mexc Exchange, as it Connects People through NFTs
Press Release: 3air launched its BSC token On Mexc Exchange on September 22nd and is using NFTs for broadband connectivity through its cross-chain platform 28th September, Dubai, UAE – Bitcoin-based internet connectivity solution 3air has launched its token today on Mexc Global with the ticker $3AIR. The BSC is bridged for cross-chain compatibility, with two chains already live on its platform. 3air has also launched a marketplace with the goal of a type of NFTs that provides a new form of utility for users across the world as the company continues to help African nations connect to the internet. What Is 3air? 3air focuses on providing viable broadband coverage and internet connectivity to developing nations using its proprietary broadband internet technology. With the… [Read More...]
Bitcoin Price May Hit $23,000 in Q1 2023, While the Altcoins Could Bleed
The post Bitcoin Price May Hit $23,000 in Q1 2023, While the Altcoins Could Bleed appeared first on Coinpedia Fintech News Bitcoin is displaying some stability, as the prices have remained within a sustainable range of around $17,000. As the trend remains largely incremental, the token is believed to maintain a steep upswing to regain […] [Read More...]
Breit’s blues
Plus, can bitcoin reinflate? [Read More...]
TRON Unfazed By Decreasing Volumes, Tallies $1 Billion In USDT Inflow
TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let’s consider this summary: TRON’s seven-day jump was less than 2% During the last 30 days, TRX has already lost 12% of its value Tron blockchain enjoys a significant boost in its stablecoin inflow Instead, the asset continues to consolidate within a narrow range and is not showing any signs of immediate recovery. According to the latest information provided by Coingecko, at the time of this writing, TRX is trading at $0.053957. It only managed to climb by 1.6% during the last week although it is nursing … [Read More...]
Get Bitcoin while you still can!
submitted by /u/bitpandajon [link] [comments] [Read More...]
Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. [Read More...]
Proof-Of-Work Is The Only Viable Form Of Consensus
Bitcoin’s consensus mechanism ensures that work needs to be done in order for transactions to confirm and secures bitcoin in the fairest manner.This is an opinion editorial by Pierre Gildenhuys, the co-founder of a Hong Kong-based social environment tech startup.Proof-of-work is the consensus mechanism that the Bitcoin protocol uses. On a fundamental level, this means that work has to be done to prove the transactions that have transpired on the network are valid. Proof-of-work functions with specialized “computers” known as application-specific integrated circuits (ASICs), which input transaction data, information from the previous block hearer and a nonce (random number) to guess the result of hash functions. Hash functions are one-directional mathematical equations, so it … [Read More...]
?Lessons Learned from FTX Crash | This Week in Crypto – Nov 28, 2022
The post ?Lessons Learned from FTX Crash | This Week in Crypto – Nov 28, 2022 appeared first on 99 Bitcoins. ?Binance pledges $2 billion for distressed crypto projects, the IMF cautions Africa on crypto adoption … ?Lessons Learned from FTX Crash | This Week in Crypto – Nov 28, 2022 Read More » [Read More...]
Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores
Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple and Google do not deplatform Twitter. Elon Musk Could Launch Alternative Phone to Compete With Apple and Google Elon Musk revealed Friday the possibility of him launching his own smartphone, which would compete with iPhone and Android, should Apple and Google deplatform his newly acquired social media company. Twitter user Liz Wheeler suggested that Musk should produce his own smartphone if Apple and Google boot Twitter from their app stores, adding that “Half the country would happily ditch the biased, snooping iPhone & Android.” Musk replied: “I certainly … [Read More...]
ZoidPay Announces the Launch of ZETA, the First On-Demand Metaverse
Press Release: ZoidPay, the leading provider of go-to open architecture for building the next generation of Web 3.0 Financial Services, has announced the launch of ZETA, the first on-demand Metaverse. 1st Nov 2022, Bucharest, Romania — As part of its commitment to democratize access to the next generation of Web 3.0 Financial Services, ZoidPay has announced the launch of ZETA, the first on-demand Metaverse. What is ZETA? Integrating Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR), ZETA allows users to extend their reality with evolving utility. For example, users interested in retail will be able to explore many day-to-day experiences in the Metaverse, besides access to a host of Web 3.0 Financial Services, in a fully immersive digital experience. Eduard Oneci, CEO & Co… [Read More...]
Miami nightclubs mourn absence of high-rolling crypto entrepreneurs
‘Revenge of the nerds’ screeches to a halt after collapse in value of digital currencies [Read More...]
Binance’s ‘Proof Of Reserves’ is Pointless, Claims Kraken CEO
The post Binance’s ‘Proof Of Reserves’ is Pointless, Claims Kraken CEO appeared first on Coinpedia Fintech News It’s now a couple of weeks since the infamous FTX collapse, in which the firm faced a liquidity problem and stopped processing withdrawals due to the inability to meet demand from investors and end users. Post this, it’s […] [Read More...]
Dogecoin Rallies As Price Breaks Major Resistance; Here Is Why $0.15 Is Possible
DOGE’s price holds above $0.08 as the price gears for a rally to a possible high of $0.15. DOGE’s price remains strong as bulls reclaim $0.088 despite uncertainty in the market traders and investors remain cautious. DOGE’s price bounces from a low of $0.07 on the daily timeframe as the price reclaims $0.088 as price trades above the 50 Exponential Moving Average (EMA) In recent weeks, the price of Dogecoin (DOGE) has been a standout performer rallying with over 150% profit and creating more euphoria about how the bull run would be for many traders and investors. Despite the relief bounce and uncertainty surrounding the crypto market due to the FTX fiasco, the price of Dogecoin (DOGE) has continued to show immersed strength, holding nicely… [Read More...]
Ledger Is Still Promoting FTX: Should You Trust Them With Your Bitcoin?
submitted by /u/Marcion_Sinope [link] [comments] [Read More...]
How Bitcoin And Artificial Intelligence Will Free Your Time
The use of technology will give humans more time to practice mindfulness and do the things they want to do, without having to worry about making ends meet.This is an opinion editorial by Sydney Bright, a professional science writer on the topic of health benefits from mindfulness-based practices.Where is technology taking us? Will robots surpass our intelligence and replace us altogether? Will we combine with machines in some symbiotic merge that creates a new super being? Or are machines merely tools that will allow our more fundamental nature to thrive? In this article, I will argue that technology is how human beings will be able to return to a more natural life that is devoid of the harsh realities that existed 10,000 years ago. Those … [Read More...]
Major Canadian Crypto Exchange Coinsquare Says Client Data Breached
The exchange claimed the breached personal data wasn’t likely seen “by the bad actor” and customers’ assets are “secure in cold storage and are not at risk.” [Read More...]
?More Crypto Giants to Fall | This Week in Crypto – Nov 21, 2022
The post ?More Crypto Giants to Fall | This Week in Crypto – Nov 21, 2022 appeared first on 99 Bitcoins. El Salvador is buying one Bitcoin per day, Pantera Capital reveals its Bitcoin price target … ?More Crypto Giants to Fall | This Week in Crypto – Nov 21, 2022 Read More » [Read More...]
Ripple CEO Optimistic Crypto Industry Will Be Stronger After FTX Fiasco if Transparency and Trust Remain Its Focus
The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto industry will come out stronger after the FTX meltdown if transparency and trust remain its key focus. He stressed the importance of having “honest conversations about solving real-world problems with crypto and blockchain.” Ripple’s CEO Optimistic About Crypto’s Recovery After FTX Meltdown The CEO of Ripple Labs, Brad Garlinghouse, shared his opinion Wednesday on the crypto industry’s recovery following the collapse of FTX during Ripple Swell, an annual conference held by Ripple. FTX filed for Chapter 11 bankruptcy last week. Reiterating what he said on stage at the conference, Garlinghouse tweeted: I firmly believe that crypto will be stronger because of this if we keep focusing on transparency and trust. Ripple has and will continue… [Read More...]
The Hop: MOVE Estrella Galicia’s Digital Innovation Programme Makes the Leap to Web3
Press Release: After 4 editions based on digital innovations related to Estrella Galicia’s value chain, The Hop takes another step toward the exploration and development of Web3 initiatives. 17 November 2022, A Coruña, Spain — The fourth edition of The Hop comes to a close this year, ending a cycle of 4 editions in which more than 35 pilot projects were undertaken in Spain and Brazil. The fourth edition included different leading startups and companies such as MIT, IE, Amazon, and more. In its fifth edition, TheHop will focus on WEB 3, searching the entrepreneur ecosystem for use cases related to Metaverse, tokenization of assets, cryptocurrencies, NFTs, and DAOs. TheHop Web3 Ventures TheHop will change its name to TheHop Web3 Ventures, placing focus on use cases related to the tokenization of assets, cryptocurrency, … [Read More...]
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