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Lo último de William Foxley
FTX Exploiter Developments; Bill Ackman Endorses Crypto Project Helium
The culprit behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether (ETH) to Ren Bitcoin (renBTC), a token that represents bitcoin on other blockchains, early on Sunday. Plus, one of TradFi’s better-known investors, Bill Ackman, revealed on Twitter that he has turned a leaf and is now endorsing crypto.
Why the FTX Collapse Looks an Awful Lot Like Enron; Secret Foundation Founder on Privacy Debate
"The Hash" hosts dive into the extensive and nuanced parallels between FTX and Enron, including the strange twist that Enron's former lawyer is now the new CEO of FTX. Plus, Secret Foundation founder Tor Bair shares his thoughts on the tradeoffs between open ledgers and privacy preserving approaches to blockchain.
New FTX CEO Criticizes Management of Crypto Exchange During Sam Bankman-Fried's Tenure; Next Steps for Binance
New FTX CEO John J. Ray III issued a scathing assessment of "unprecedented" poor management practices by his predecessor, Sam Bankman-Fried, in a series of filings in a Delaware court. Plus, Binance.US, the American arm of the world’s largest cryptocurrency exchange, is preparing to bid for bankrupt lending platform Voyager Digital, according to a CoinDesk source.
Sam Bankman-Fried Can't Stay Off Twitter; Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals
"The Hash" team discusses the biggest stories shaping the crypto markets today, including ex-FTX CEO Sam Bankman-Fried's latest tweets about Alameda and his goal to "make customers whole." Plus, the lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse.