SBF went on an apology tour, we see more debris from the FTX fallout, and bitcoin miners are shutting off.
The World Cup has been fun to watch this year- it’s almost been a reflection of the change in the world order, in a way.
Bitcoin is boring and predictable. That is part of its strength. A feature, and not a bug.
Comments and suggestions, reach out -> hello @ tinycryptoblog.com
Be well, Everyone.
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Articles on Medium this week
Articles
Podcasts
The Cost of Crypto Podcast
Recommended Viewing
It’s good to see what people outside the space are saying
This Week In Twitter
Reports:
Headlines
Adoption
–The Blockchain Promise is Always Around the Corner, IBM and Maersk Scrap Efforts
–Fidelity Begins Opening Retail Bitcoin Trading Accounts
–Brazil approves cryptocurrency bill recognizing Bitcoin as a payment method
CBDC (are just Surveillance Tokens)
–Huobi announces launch of world’s first national token, DMC
–CBDCs: India’s digital rupee falls flat as low volumes blight trial run
COMPANIES AND PROTOCOLS
–Avalanche to power Alibaba Cloud’s infrastructure services in Asia
CRIMES AND SCAMS
–Ankr Suffers Exploit, Binance CEO Clarifies What’s Happening
–FTX Hacker Transfers $4.1 Million in Bitcoin to OKX
DAO
DeFi and Lending
–This Week In DeFi – November 25
–Genesis Owes Gemini Earn Users $900M: Report
–DeFi Giants Aave, Compound Freeze Markets and Cap Loans to Mitigate Risks
–CFTC Chair Rostin Behnam snubs Ethereum, claims only Bitcoin is a commodity
–Silvergate Capital Reveals its Exposure to Bankrupt Crypto Lender BlockFi
–Galaxy Digital wins bid for GK8 in Celsius bankruptcy asset auction
Exchanges
–DOJ Watchdog Seeks Independent Examiner of FTX Collapse
–A Grand Unified Theory of the FTX Disaster
–Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil
–BitGo to take custody of FTX assets in bankruptcy procedure
–SBF had detailed info on Alameda’s finances as recently as March, Forbes reveals
–FTX Japan to unfreeze withdrawals of client funds
Fundraising and Sponsorships
GOSSIP
–Crypto community weighs in on SBF’s ‘apology tour’
–Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail
–Takeaways From FTX’s Bankman-Fried’s Showing At NYTimes Dealbook Summit
–BlockFi bankruptcy filing triggers a wide range of community reactions
Implementation and Infrastructure
–Bitcoin Security Firm Casa Embraces Ethereum
Metaverse / Web3
Mining
–New York governor signs PoW mining moratorium into law
–Hash Ribbon Reversal Confirms Bitcoin Miner Capitulation Phase
–Bitcoin records biggest negative hash rate adjustment in a year
–Bitcoin records the largest miner outflow to wallets in 2 years
Nation States (and other political jurisdictions)
NFTs
–Opera Crypto Browser to enable instant NFT minting through launchpad
–Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees
–OpenSea’s Ethereum gas usage has declined to almost zero
Regulation, Legislation & Legal Matters
STABLECOINS
–Tether Founder Responds To Concerns Over Not Publishing USDT Reserves
Taxation
–Italy to Start Taxing Crypto Trading Gains From 2023
The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
…AND THIS –> https://www.buybitcoinworldwide.com/treasuries/
Time Capsule
Outside News
–Chicago PMI Collapses To COVID-Lockdown Lows, Screams ‘Recession’
You Do Not Change Bitcoin. Bitcoin Changes You.
“Bitcoin will eat the world.” And it is.
–Tomer Strolight: “Why Bitcoin, The Series, #18: Why Bitcoin is the Most Important Thing Happening in The World”
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Categories: Weekly Headlines
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