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Just as 2021 will be recognized as the year institutional money began to enter the crypto world, 2022 will surely be infamous for the seemingly endless list of problems and bankruptcies in the crypto world.
When it came out that Sam Bankman-Fried, the founder of FTX, had taken $10 billion off of FTX’s balance sheet to fix a problem at his sister quantitative trading firm, Alameda Research, the cryptomarkets became very...
“I F*cked Up,” Declares FTX’s Founder
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According to Sequoia Capital, Bankman-Fried, 30, CEO of FTX crypto exchange, was ready to become the world’s first “trillionaire.” This week, FTX openly crumbled.
Three days before, the letter said that “a rival is attempting to use fake information against us,” presumably targeting Binance. Before removing it, he tweeted, “FTX is ok and assets are fine.”
Later, the biggest cryptocurrency...
Musk explains why he bought Twitter
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Elon Musk released a statement detailing his reasons for acquiring social networking giant Twitter, and he has much more on his mind than just the possibility of cryptocurrency features being added to the site.
Musk said that the “future of civilization” is his key purpose for buying the company. Instead of dividing into “far right and far left echo chambers,” he said the goal is to maintain a “shared digital...
Great places to earn stablecoins with staking
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The days of staking stablecoins are still pretty new and uncertain. As a result, there are some challenges for earning stablecoins with staking as some (such as $USDT) may not be able to be staked on any exchange at the moment.
While this may not be the best time to stake stablecoins, there are still some options available. We’ll take a look at these options and how they can help you earn stablecoins while avoiding the risk of...
Osmosis gets listed on Binance and soars 20%
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Only a few hours ago, Osmosis was listed on the popular cryptocurrency exchange Binance.The value of their token has gone up by more than 21% because of this announcement.
CoinGecko lists Osmosis (OSM), a DEX developed by Cosmos, as the sixty-fourth biggest digital asset by market cap. At $8.50, it is still 86% behind its record high of $11.25 set in March. By mid-May, it had dropped below $2.00. The most recent price of OSMO was...






