Bitcoin (BTC)

The first twelve days of November were perhaps the darkest for 30-year-old Sam Bankman-Fried (SBF), as he not only lost his crypto empire but went from being a Bitcoin billionaire and crypto’s white knight to filing for bankruptcy and owing customers at least $3 billion. The next eight days revealed that SBF’s once-powerful crypto exchange FTX was not what everyone believed it to be. Here’s the timeline of the events that led to the fall of FTX in the last 20 days. The...

Si vous vous demandez ce qui lie l’affaire FTX et la COP27, c’est bien l’énergie dont le fonctionnement permet d’éclairer ce qui se passe. FTX a placé les avoirs en BTC de ses clients dans des altcoins PoS, c’est-à-dire émis sans contre-partie énergétique. Avant d’expliquer ce que ça signifie, revenons un instant sur le fonctionnement d’une plateforme d’échange. Un client X dépose des BTC sur une plateforme afin de les vendre à un...

Cryptocurrency entrepreneur and billionaire Justin Sun is reportedly evaluating FTX’s assets for potential purchase. As reported by the Wall Street Journal, Sun said on Tuesday that he is open to “any kind of deal,” with the exchange, and that “all options” are on the table. “Right now we are evaluating assets one by one, but as far as I understand the process is going to be long since they are already in this kind of bankruptcy procedure,” he added.  FTX closed its first...

Iris Energy – an Australian crypto mining company whose main purview is the operation of BTC mining sites in Canada running on renewable energy exclusively – has recently ceased mining in two subsidiaries. Nevertheless, the firm still maintains that its business continues to be profitable. Immediate Repayment of Loan Demanded The subsidiaries operating as Special Purpose Vehicles (SPVs) used Bitmain mining rigs financed by a $107.8 million loan from the New York Digital...

With the recent collapse of the British pound following the exit of the country’s latest prime minister, it appears bitcoin is once again taking on “safe haven” status. Bitcoin Is a “Safe Haven” Following the Fall of the Pound This is a narrative that was greatly pushed during the early days of the coronavirus. In that time, fiat currencies were crashing and burning, and inflation was starting to become a huge problem. While it was nowhere near where it is today, the...

Entretien avec Théo Pantamis, chercheur en mathématiques appliquées et expert de Bitcoin. Réalisation : Loïc Morel pour Découvre Bitcoin

JKL Group is establishing a new $50 million crypto mining business. The money is set to come from institutions like family offices, individual investors, and HNWI. JKL Group Is Entering the Crypto Mining Arena As an APAC, JKL Group is now being billed as the first company of its kind to step into the digital currency mining arena and establish such an enterprise. The company says it has seen a “growing interest” in bitcoin from its many clients, and the firm is now...

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A man in California that fell victim to a crypto scam listed in the “pig butchering” category is getting some of his funds back. Pig Butchering Is Getting Bigger and Bigger Pig butchering is something Live Bitcoin News initially covered in an article in early September. It’s a new breed of digital currency scams that see people losing funds to fraudulent investing platforms that are fully controlled by hackers. They place their money into the schemes and see their funds...

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