Nine Years Ago Today: Recalling The Bitcoin Exchange Failure That Was Much Bigger Than FTX
While FTX’s collapse last year rattled the Bitcoin ecosystem, nine years ago a bigger failure damaged it even more. What...
Failure
Frax Ditches Algorithmic Backing, Citing Terra Failure
The community governance for stablecoin issuer Frax has voted to increase the collateral ratio for its stablecoin to 100%, removing...
Terra’s classic stablecoin surges on BUSD failure, but is still only worth $0.03
Ad The depegged stablecoin Terra Classic USD (USTC) regained a small amount of value today alongside news that issuance of...
Robinhood looks to buy-back its shares seized by Department of Justice in FTX failure
Robinhood Markets Inc., the U.S.-based financial services company, plans to purchase the 55 million of its shares that FTX-linked Emergent...
SBF admits responsibility for FTX failure in Twitter space but remains vague on details
FTX co-founder Sam-Bankman Fried gave ambiguous answers to questions about the mixing of user funds, investing in The Block, and...
FTX failure a ‘wake-up call’ for security, says former Mt Gox CEO, Mark Karpeles
If anyone knows what it’s like to be at the helm of a cryptocurrency bankruptcy, it’s Mark Karpeles, former chief...
Mike Novogratz Expects Trust to Slowly Return After FTX Failure
The CEO of Galaxy Digital expects a slow grind to build trust with clients as back-to-back black swan events hit...
DeFi protocol AAVE faces bad debt and centralized points of failure
Listen to article. AAVE has a bad debt problem. A global community of people use the AAVE protocol to take...
Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’
Input Output (IO) CEO Charles Hoskinson argued that cryptocurrency needs strong governance to avoid repeating what happened at the defunct...
FTX Failure Shows Trading Is Gambling – Bitcoin Magazine
This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and a Bitcoiner.I find it...
