Auto Added by WPeMatico

Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for…

Continue ReadingWashington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

GBTC Manager Insists the ‘Holdings of Grayscale’s Digital Asset Products Are Safe and Secure’

On Nov. 18, 2022, at 5:47 p.m. (ET), Grayscale Investments’ official Twitter account shared information on the safety and security associated with Grayscale’s digital asset products. The update from Grayscale…

Continue ReadingGBTC Manager Insists the ‘Holdings of Grayscale’s Digital Asset Products Are Safe and Secure’

Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model

A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused…

Continue ReadingContagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model

Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy

The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius…

Continue ReadingCelsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy

WSJ says ‘the NFT market is collapsing’ but the data says otherwise

An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.

Continue ReadingWSJ says ‘the NFT market is collapsing’ but the data says otherwise

Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’

On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained…

Continue ReadingBolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’

Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial

During the last week, mainstream media outlets have been publishing reports that say “Bitcoin’s creator Satoshi Nakamoto could be unmasked at [a] Florida trial.” Alongside this, the name “Satoshi Nakamoto”…

Continue ReadingWall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial