Uh, then how the hell do they generate $700M in three months? No real CEO would talk like this. This is a political playbook! Pointing to a situation where nobody lost money, and using it to prove Tether's relative safety, is full-on financial ...

Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT...

I have to conclude that Binance's customers are mostly criminals, because who in their right mind would trade with a broker who's CEO is tweeting about a "bug on a trailing stop order (a weird one)" bringing the platform down?

Binance Temporarily Suspends Spot Trading

Wow. Definitely some state-sponsored shit right there! One cool thing about hackery migrating to the state level is we get to see its limits. I used to wonder if governments could bypass all PC security if they wanted, but now I know they're just ...

The Linus Tech Tips YouTube hack is the latest in a line of crypto scam breaches

Interesting use of blockchain. They're probably looking to scale this up to handle shareholder voting.

Swift successfully trials new solution to remove frictions from corporate actions

How the hell are they pulling this off in 2023? Gotta be some DPRKs or Russians for this level of breach. It's so ingenious they won't even tell us how it happened!!

The Linus Tech Tips YouTube hack is the latest in a line of crypto scam breaches

Ether would be like oil if oil rigs were made out of oil.

Ethereum co-founder says ether not a security, compares it to oil after regulator claims

Talking about the enormous tax breaks you'll get from losing investors' money is pretty delusional, but assuming you'll have future gains to offset?!? We're surely in for a spectacular implosion with this psycho.

Ark’s Cathie Wood Sees Silver Lining in $2 Billion Loss

Wow. Quite the move in the face of these rising interest rates. Coupled with the crazy move in treasuries, the flight is real.

Gold Rallies to New 11-Month Highs as US Consumer Sentiment Disappoints

Buckle up!

Fed: Bank Term Funding Program is big enough to cover all US uninsured deposits

Let's hope he makes lab regulation a priority this term.

China’s Xi Wins Unanimous Votes For Third Term As President

Wow the crypto media is going hard on Gensler's "everything but bitcoin" quip, despite the glaring fact that it's not what he meant. Crypto media is the same kind of yuck thats found in partisan politics. 🤮

CFTC Chair Says Ethereum Is a Commodity—Despite Gensler’s ‘Bitcoin Only’ Position

A dip is when something goes down then comes back up, and that's how the word is used in all the financial lit I've read. Maybe we're reading different books.

Is crypto winter almost over? Surviving the unknown months

This reminds me of when Crypto.com sent that Australian lady millions of dollars and she bought that big ass house.

FTX’s Singh Bought His Dream House in October. It’s the Government’s Now

You can only buy dips in a bull market, by definition. If you keep buying in a bear market, it's called holding the bag.

Is crypto winter almost over? Surviving the unknown months

"Publicly traded crime scene" . Short sellers sure are an entertaining bunch.

Silvergate short seller predicts crypto bank's demise within a week

I don't know if Armstrong is naïve, delusional, or over-confident, but somehow he's missing a simple reality: Coinbase is a broker, and the rules for a broker have been long established. If the president of Fidelity or Schwab came out talking this ...

Coinbase CEO Armstrong Throws Down; Lummis-Gillibrand Return

Can't wait to hear Vitalik whine about this.

Ether losses build as crypto investors weigh the future of staking after Kraken exchange’s SEC...

Interesting development. Gives us a peek into the SEC's thinking on PoS coins.

Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source

There it is. Another 25bps at least.

Powell: If continue to get strong labor market reports, or higher inflation reports, may need...