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Sam Bankman-Fried: “FTX US is solvent and always has been.”
In his new post, SBF found inconsistencies in documents filed by the law firm Sullivan & Cromwell (S&C) to a Delaware court alleging that FTX US is insolvent. S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report. As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users. Just return the money, Sam!
National Geographic launches its first NFT collection on Polygon
A collaboration between the legendary magazine and NFT marketplace Snowcrash dubbed “GM: Daybreak Around the World” consists of pictures of sunrises. They were authored by 16 photographers and digital artists. The limited edition collection features 1,888 NFTs – 16 images in 118 editions. Why 1,888? “It’s a nod to Nat Geo’s birth year.” The NFTs will cost 215 MATIC and will be sold via blind mint: users will only be able to see their NFTs after purchase. According to the creators, this approach will ensure fairness and enjoyable surprises.
Twitter’s “$Cashtags” feature has been expanded with another 30 c
The app now displays an up-to-date price chart for nearly all of the Top 50 cryptocurrencies by market cap. However, for some reason, not all are yet visible. Among those displayed are Tether (USDT), XRP (XRP), Binance USD (BUSD), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Litecoin (LTC), Dai (DAI) and Uniswap (UNI). Among the losers are Polkadot (DOT), Tron (TRX), BNB (BNB), and USD Coin (USDC). Conspiracy theorists and insiders are welcome to comment. TradingView and Robinhood services are likely to have been involved in the implementation. However, none of these potential Twitter partners have officially confirmed the collaboration.
Red Bull launched a new art project with NFT prizes
Those interested in participating should create their own “doodle” (a black-and-white sketch on paper or digitally) and upload it to the project website. Each artist who submitted a work will receive their drawing in NFT format. Each of the 60 participating countries will have one winner. The contest’s finals in Amsterdam will feature their doodles tokenized and presented in NFT format.
U.S. inflation has slowed down again!
The US Consumer Price Index (CPI), which measures the inflation rate, was released today. The index decreased by 0.6% over the month and now stands at 6.5%. We covered the CPI in detail in this article. According to the release, the actual values correspond to the predicted figures. This means that inflation is sinking at the expected rate and investors are gradually returning to the market. Bitcoin is up 3% today, hitting $18,000 for the first time since Dec. 14
Guys, do you need some weight loss tips after the holiday binge?
The new eKinekt Bike Desk turns kinetic energy from cycling into an electrical charge. This technological wonder has two USB Type-A ports and one USB Type-C port for charging laptops or phones. In addition, the mobile app keeps track of energy generated and calories burned. Acer’s training machine is meant to empower a healthy lifestyle. We guess in Ukraine, many people would prefer cycling rather than jogging to the nearest Point of Invincibility to charge their devices. The retail price is $1,000. Unfortunately, for now, it is available in the U.S., Canada, and Taiwan only.
Alameda was caught swapping tokens for ETH and BTC!
Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents’ home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office. The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company’s wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?) And here’s a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them.
? MicroStrategy sold BTC for the first time in its history!
Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states: “MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws.” Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report.
Bitcoin has never been this weak!
RSI reached its all-time low (38.56). The good news is that after the previous minimum was renewed, a new one always follows shortly after. Who is your bet on in the upcoming year? Bulls or Bears? Read more about RSI on our website.
The Ukrainian Robin Hood is stealing from Russian cybercriminals!
Alex Holden, a hacker from Ukraine, has a singular gift for tracking down “bad russian guys” on the Internet. This week, he stole $25,000 in BTC from the russian dark web marketplace dubbed Solaris, and transferred the money to Kyiv charitable foundation “Enjoying Life”.
Sam Bankman-Fried released on bail!
Sam had previously claimed that he was left with only $100,000. Even assuming that Sam lied a little, and he did have some mad money under his pillow, his parents had to mortgage their home to satisfy the bail requirements. By the way, that’s the home where Sam is going to live. Hopefully, Sam will manage this tough task, and won’t get pulled over for drunk driving in the coming months.
Sam arrived at an American prison to serve his sentence
Curly-haired Sam, the former “future Rockefeller” and CEO of the bankrupt FTX exchange, has been extradited to the US from The Bahamas However, for Sam, things got much worse as two of his main accomplices, Caroline Ellison and Gary Wang, began to testify to the feds. Due to the fact that sentences can be reduced for substantial assistance in the investigation, hopeless fraudsters decided to take advantage of this.
OneCoin co-founder pleads guilty. “Cryptoqueen” still wanted
As a rule, it is a bad sign when you call your investors “idiots” and your coin – “trashy”. Unless you are running a Ponzi Scheme like Karl Greenwood and Ruja Ignatova, the co-founders of OneCoin, with Greenwood pleading guilty to three counts.
Interview with crypto-guru Dr. SmartContract
You know him as one of the “masked experts” of the mega-popular show “Crypto not for Dummies”. Here is the long-awaited personal interview with Dr. SmartContract!
BCBS insists on banks expanding the adoption of cryptocurrencies!
In its new report, BCBS (Basel Committee on Banking Supervision) criticized the current policy of European regulators regarding restrictions on the access of traditional credit providers to digital assets.
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No, Cryptocurrency is Not Anonymous: It is Pseudonymous
On Wednesday, the U.S. Secret Service (USSS) announced that it has seized more than $102 million in crypto across 254 cases since 2015. In an interview with CNBC, David Smith, USSS assistant director of investigations, said that blockchain’s properties like transparency and immutability helped the authorities do so.
