Dogecoin Is Like Musical Chairs

musical chairs

This article was originally published by Austin Litman on Proofofwork.ca There’s no supply cap on Dogecoin, and over 5 billion new coins are made every year.  This means to drive the value up, the memes must increase in quality since there is no value proposition with the supply. The memes for Dogecoin are good, and […]

After The FTX Fraud, It’s Time to Be Even More Bullish on Bitcoin

SBF Jail Bitcoin

When the Securities and Exchange Commission announced charges against FTX CEO Sam Bankman-Fried this week, it ended a nearly 2-month-long drama. This article was originally published by Yael Ossowski on DCjournal.com Bankman-Fried’s unethical business setup between his hedge fund Alameda Research and crypto exchange FTX (including the 130 related companies now in bankruptcy) were enough of a […]

Paxful Removes Ethereum From Platform

Paxul removes Ethereum

Paxful, one of the largest peer-to-peer exchange platforms, has announced that it will be removing Ethereum from its marketplace. In a statement, the company’s founder, Ray Youssef, said that although revenue is important, the company values integrity above all else. Paxful, which allows users to buy and sell Bitcoin using a variety of payment methods, […]

Blockfi And Why You Shouldn’t Give Bitcoin For Yield

Binance Rugpull

This article was originally published by Austin Litman on proofofwork.ca Blockfi was a platform that would hold your Bitcoin for you and generate a return. They call the return a yield, APY, whatever. But how do they guarantee these % returns? The answer is they gamble with your funds.  They don’t tell you exactly what they’re investing in; […]

Alameda Received Over $36 Billion USDT From Tether

SBF Tether Scandal

This article was originally published by Dirty Bubble Media on Substack Fraud, money laundering, and corruption on a global scale, yet regulators seem asleep at the wheel. This has happened before… “History never repeats itself, but it does often rhyme.” As the FTX-Alameda criminal enterprise continues to unwind, onlookers have been treated to an ever-more-shocking […]

Inside: Binance Launches Speculative Attack Against FTX, And Wins

CZ Binance vs SBF FTX chess

This article was originally published on The Bitcoin Layer. The global dash-to-cash has found its way into the crypto ecosystem Yet another victim of the global liquidity contraction is upon us, only this time it’s not a central bank, it’s a shadow bank. The second largest crypto exchange in the world—FTX—is facing liquidity issues as the native […]

European Commission Wants 50 EUR Transaction Limit For Digital Euro

lagarde inflation ppi

Individual users may see low transaction and storage thresholds for the digital euro, the European Union’s potential central bank digital currency. The European Union’s central bank digital currency (CBDC) may have transaction and store-of-value limits for individuals, according to Fabio Panetta, an executive board member of the European Central Bank (ECB), at the European Commission’s […]

FTX’ed: The Tangled Ties Of Celsius Network and Sam Bankman-Fried

SBF FTX Celsius

This article was originally published by Dirty Bubble Media on Substack Sam Bankman-Fried has gotten a lot of press lately. A former trader turned crypto mogul, he owns both one of the largest crypto exchanges, FTX, as well as one of the largest crypto trading firms, Alameda Research. FTX spent millions in the past several […]

Nigerians Want Bitcoin, Not eNaira

Nigerians want Bitcoin

A year after Nigeria launched its CBDC shitcoin, only less than 0.5% of Nigerians are using it according to a Bloomberg report. The Government of Nigeria launched its Central Bank Digital Currency (CBDC) dubbed the eNaira in 2021. One year later, the results are in. At only a 0.5% adoption rate, the eNaira is failing. […]

“Don’t call me Shirley” A Bitcoiner In The World Of Altcoins

Don't Call Me Shirley- A Bitcoiner Braves The World Of Altcoins

I have always drawn a thick black line between Bitcoin and what some might call “other cryptocurrencies.” Although not a Maximalist (I hold altcoins and see some potential in a few projects), the original inception and network effect of Bitcoin have always put it in a different class for me.