Looks like #crypto #binance and all other #crypto will not be able to #process #swift #payments under $100k: https://twitter.com/mikeburgersburg/stat.. This could have a massive impact in the #crypto #market .
Nice article on #crypto , #blockchain and how it is all currently going: https://newsletter.mollywhite.net/p/in-2.. #spoiler - it is not going well at all.
Looks like #crypto #stablecoin #binance is not on good terms: https://dirtybubblemedia.substack.com/p/.. They have been #exchanging #customer #money between #wallets without telling anybody. This is likely because of a lack of #liquid , something they say they are not doing.
#french #accounting #firm #mazars drop all of their #crypto #clients , including #binance , #kucoin and #cryptodotcom https://finance.yahoo.com/news/accountin.. It's really not looking good at all.
#binance is also not looking good in the #crypto world right now, and the "trust us, it's there" excuse is not working: https://www.wsj.com/articles/binance-is-.. #archive here: https://archive.vn/bwuu7 It turns out that they have not #published proper #financial #audits yet.
Looks like #ussd #tron may be the next shit #crypto #coin to #fail https://old.reddit.com/r/Buttcoin/commen.. Apparently this is #contagion from #ftx and #alameda !
Really interesting #ransomware #hack , then #hack of the #hack https://krebsonsecurity.com/2022/11/rese.. It turns out that they messed up their #crypto #security https://blog.unit221b.com/dont-read-this..
Interesting take on #ftx potentially being created especially as a #scheme to #rob #crypto of any #value it has and back into the #traditional #finance #system https://www.zerohedge.com/crypto/alt-tak.. Very interesting read.
The #ftx first day of #bankruptcy #declaration , and it's *bad* https://twitter.com/kadhim/status/159322.. The guy who cleaned up #elron 's mess was #shocked by what he saw. He claimed that of the little #paperwork they had, it's the worst he had seen. The #contagion from this will be very real. #ftx was the #crypto #company that #bailedout the other #crypto #companies , likely as a way of #washing their own bad #finances .
#mainstream #media is just starting to catch up on this #ftx #crypto #contagion https://www.axios.com/2022/11/17/crypto-.. It's really going to spread everywhere...
#coffeezilla correctly #predicted that #crypto #lender #genesis would #collapse , 24 hours too late: https://youtube.com/watch?v=TNXYHNdGYfc They also #lended #money to #ftx , and therefore just lost a significant amount of #money https://www.coindesk.com/business/2022/1.. #threearrowscaptial also helped kill them too.
Yeah, #crypto is #decoupling from #spx - with no signs of slowing down: https://www.zerohedge.com/crypto/ftx-isn.. It's quite likely that #ftx will cause mass #contagion throughout the #crypto #markets now.
#blockfi down for " #schedule #maintenance ": https://blockfi.com/november-11-2022-blo.. They have already been #fined by the #sec previously: https://www.nytimes.com/2022/02/14/busin.. This is at a time where #crypto #exchanges are under serious #pressure due to #ftx https://www.bloomberg.com/news/articles/..
Maybe trouble at the #crypto #exchange #aax https://trends.aax.com/important-update-.. Apparently these are " #planned #upgrades ", but this potentially isn't the first #crypto #exchange to ever #lie , so watch them like a #hawk .
Yeah, the #layoffs do #remind people of the #dotcom #crash - because it's essentially the same: https://www.washingtonpost.com/technolog.. Too much #fomo has been place in #bigtech , such as #crypto that has no #utility , #meta 's #vr which has no #users , the list goes on. We see #company #evaluations at exceptional values, and #money thrown around on #unicorns that most defintiely will never #payoff .
#binance is now the clear #winner of #crypto https://www.zerohedge.com/crypto/binance.. As the #article suggests, I really hope they are squeeky clean, otherwise this entire thing will fold.