Proof of reserves is becoming more effective, but not all its challenges are technical

[ad_1] Proof of reserves (PoR) has gone from a buzzword to a roar in recent weeks as the crypto world tries to recover from the shock and losses of the current crypto winter. After a flurry of discussion and work, criteria and rankings for adequate PoR are beginning to appear, but the fine points of […]

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New research indicates boomers make better crypto investors

[ad_1] As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna. The report says that 34% of boomers spend “a few days” doing […]

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Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust

[ad_1] Valkyrie, one of Grayscale’s rivals, previously launched a bitcoin trust and a bitcoin-related exchange-traded-fund (ETF) in 2021. As part of their plan to sponsor GBTC, the world’s largest bitcoin fund, the Tennessee-based company also announced the launch of a new fund, the Valkyrie Opportunistic Fund, LP that seeks to take advantage of GBTC’s discount […]

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Sam Bankman-Fried denies moving funds from Alameda wallets

[ad_1] Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement in the movement of funds from Alameda wallets.  In response to the allegations […]

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Bithumb’s largest shareholder executive found dead following allegations of embezzlement

[ad_1] Mr. Park Mo, the vice president of Vidente, the largest shareholder of South Korean Cryptocurrency exchange Bithumb,was reportedly found dead in front of his home at 4 am, on the morning of Dec. 30.  Prior to his death, Mr. Mo had been named as a primary suspect in an investigation launched by South Korean […]

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Ethereum founder says he hopes Solana gets a ‘chance to thrive’

[ad_1] Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people” tell him that Solana has “an earnest smart developer community,” and suggested that the opportunists who were involved with the project in the past have been “washed out.” Buterin also expressed hope that the […]

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DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined

[ad_1] Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. For DeFi, the last week of 2022 saw another slew of exploits, insider job accusations and exit scam drama. It all started on Christmas, when Defrost Finance, a […]

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Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain

[ad_1] As margins continue to compress, miners will have to look at how they can participate in “demand response programs,” meaning selling power back to the grid in times of high demand, as well as recapturing heat from mining rigs and using stranded energy, Bulovic said. “Miners who have a real grasp on the processes, […]

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Did Michael Saylor buy the Bitcoin bottom for once?

[ad_1] Business intelligence firm MicroStrategy is showing no signs of backing down on its Bitcoin gambit. Right around the time that Sam Bankman-Fried was being exposed as a fraud, MicroStrategy was scooping up more Bitcoin (BTC) — this time, the firm bought as close to the bottom as it’s ever gotten. While Bitcoin can always […]

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