The TCB Weekly News Roundup, ending 4 December 2022

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.


Follow TinyCryptoBlog – Website | YouTube | BitChute | Odysee | Brighteon | Twitter | Spotify | Facebook | Medium


Articles on Medium this week

Articles


Podcasts
The Cost of Crypto Podcast


It’s good to see what people outside the space are saying


This Week In Twitter

Good response thread

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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coinami

Download the Coinami wallet for your PC and smartphone



Categories: Weekly Headlines

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