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author

Article by Steven Stradbrooke

Tether panics as loan scrutiny mounts, throws Alameda under bus
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5 December, 2022

Tether panics as loan scrutiny mounts, throws Alameda under bus

Tether claims it has sufficient reserves to back the more than $65 billion worth of USDT stablecoin out in the...
Not cool: Salvadorans scammed millions via ‘Chivo’ BTC wallet
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5 December, 2022

Not cool: Salvadorans scammed millions via ‘Chivo’ BTC wallet

El Salvador accumulated losses of up to $24 million of taxpayers' monies tied to the failure of the BTC digital...
Binance backs into Japan, backs away from UK court ruling
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1 December, 2022

Binance backs into Japan, backs away from UK court ruling

Binance is making a backdoor move into Japan while its botched attempt to make a similar move into the U.K....
Bankrupt BlockFi seeks FTX assets, SBF’s true confessions continue
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30 November, 2022

Bankrupt BlockFi seeks FTX assets, SBF’s true confessions continue

The bankruptcy of digital asset lending/custodial platform BlockFi is the latest casualty of the FTX exchange’s collapse, while FTX’s founder...
FTX, Tether’s Bahamas banker linked to questionable US bank purchase
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25 November, 2022

FTX, Tether’s Bahamas banker linked to questionable US bank purchase

FTX's initial Bankruptcy Court hearing in Delaware raises questions about how SBF's Alameda acquired an ownership stake in a U.S....
Digital Currency group under strain as Genesis teeters on edge of bankruptcy
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24 November, 2022

Digital Currency group under strain as Genesis teeters on edge of bankruptcy

Digital Currency Group boss Barry Silbert has issued a note to shareholders, noting the “difficult industry conditions” plaguing the digital...
Tether rejoices as El Salvador’s Nayib Bukele preps new stablecoin rules
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23 November, 2022

Tether rejoices as El Salvador’s Nayib Bukele preps new stablecoin rules

El Salvador’s ‘millennial cool’ dictator is looking to pass new laws to make his country a safe haven for ‘crypto’...
Defiant Sam Bankman-Fried fueling jurisdictional fight over FTX assets
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21 November, 2022

Defiant Sam Bankman-Fried fueling jurisdictional fight over FTX assets

Another day, another flood of damning developments in the ongoing FTX debacle, with fears of contagion showing no sign of...
FTX, Daniel Friedberg, Stu Hoegner and (the other) Black Friday
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18 November, 2022

FTX, Daniel Friedberg, Stu Hoegner and (the other) Black Friday

The FTX meltdown revived the 2011 crackdown on the online gambling industry, where 11 high-stakes individuals and poker players from...
Binance’s Changpeng Zhao just a pirate sailing Nouriel Roubini’s ‘seven C’s of crypto’
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18 November, 2022

Binance’s Changpeng Zhao just a pirate sailing Nouriel Roubini’s ‘seven C’s of crypto’

According to Nouriel Roubini, “there are seven C’s in crypto: concealed, corrupt, crooks, criminals, conmen, carnival barkers and, finally, CZ.”
Binance’s Changpeng Zhao using FTX downfall to rebrand as crypto’s good guy
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15 November, 2022

Binance’s Changpeng Zhao using FTX downfall to rebrand as crypto’s good guy

Changpeng Zhao leverages FTX's downfall to paint a picture of Binance as a savior of fallen digital asset projects in...
FTX.US, BlockFi halt withdrawals as ‘crypto’ fear goes viral
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12 November, 2022

FTX.US, BlockFi halt withdrawals as ‘crypto’ fear goes viral

The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal...

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