The demise of the cryptocurrency exchange FTX will be remembered as one of the darkest periods in cryptocurrency history. In November, the company experienced severe liquidity issues and was unable to honor its customers’ withdrawal requests. Binance, the world’s largest cryptocurrency...
Overcoming Non-Custodial Wallet BarriersTransak, a provider of Web3 onboarding infrastructure, recently announced that Coinbase wallet users can now use its platform “as a fiat on-ramp to buy crypto.” The integration, according to a statement, “simplifies [the] onboarding” of users in Southeast...
Coinbase CEO Brian Armstrong slammed Sam Bankman-account Fried’s of how FTX got into a $8 billion hole on Saturday. Armstrong claims that billions of dollars could not have passed FTX’s founder and former CEO, who graduated from the Massachusetts Institute of...
The failure of crypto exchange FTX, according to US Treasury Secretary Janet Yellen, demonstrates that the crypto industry “really needs adequate regulation.” “It’s a Lehman moment within crypto,” she added, “and crypto is big enough that we’ve had significant harm with...
The following is an excerpt from Marty’s Bent Issue #1286: “The first Lightning mainnet DLC has been executed.” Subscribe to the newsletter here. It’s been exactly 11 months and two days since we discussed discrete log contracts (DLCs) in this publication....