Skip to content Skip to sidebar Skip to footer


With the colossal collapse of the FTX crypto exchange in recent weeks, there has been no shortage of excitement in the world of cryptocurrency and finance. Former FTX CEO Sam Bankman-Fried’s private jet reportedly spotted heading to Argentina, Kraken CEO discusses fallout from Alameda/FTX saga, says ‘damage here is enormous’ , and many other stories surrounding the debacle have emerged. On top of that, other so-called sleepy bitcoins woke up, and Elon Musk once again gave his two cents on bitcoin and dogecoin.

Flight radar report shows FTX co-founder's private jet flew to Argentina, SBF says it's still in the Bahamas

Flight radar report shows FTX co-founder’s private jet flew to Argentina, SBF says it’s still in the Bahamas

According to the official Flightradar24 Twitter account, the most followed flight at 3:33 a.m. on November 12, 2022 was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. Although the flight path does not mean that SBF took the flight, a number of people suspected that someone from SBF’s inner circle had left the Bahamas. The former FTX CEO, however, texted Reuters after the theft report and told the outlet he had not left the Bahamas.

Read more

Elon Musk: Bitcoin will do it, Dogecoin on the Moon

Elon Musk: Bitcoin Will Succeed — Dogecoin to the Moon

Tesla CEO and Twitter chief Elon Musk has made bullish statements on bitcoin and dogecoin despite the selloff in the crypto market. He said bitcoin “will do it” and “DOGE on the moon”. Amid the crypto winter and chaos surrounding bankrupt crypto exchange FTX, Musk believes there is a future for bitcoin, ethereum, and dogecoin.

Read more

Kraken CEO Discusses Impact of FTX Failure - Says Damage to Crypto Industry is Huge and Will Take Years to Repair

Kraken CEO Discusses Impact of FTX Failure – Says Damage to Crypto Industry is Huge and Will Take Years to Repair

The CEO of cryptocurrency exchange Kraken described the impact of FTX’s failure on the crypto industry. After listing several red flags, the executive stressed: “The damage here is massive… We will be working to fix this for years.”

Read more

6,522 “sleepy bitcoins” worth $107 million wake up after 5 years of inactivity

6,522 “sleepy bitcoins” worth $107 million wake up after 5 years of inactivity

On November 16, 2022, at Bitcoin block 763,474, someone transferred 6,522 bitcoins worth around $107 million after the coins had been idle for over five years. While the value of bitcoin is 75% lower than it was a year ago, the so-called sleepy bitcoins have woken up amid the recent crypto market capitulation.

Read more

Keywords in this story

Bitcoin, CEO, crypto market, dogcoin, Elon Musk, ftx, FTX Collapse, Jesse Powell, kraken, old bitcoin, Private plane, Sam Bankman Fried, sleeping bitcoin

What do you think of the top stories from this week? Let us know in the comments section below.

bitcoin.com

Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. With accessible educational materials, timely and objective information, and intuitive self-preservation products, we empower everyone to buy, spend, trade, invest, earn, and stay current with the cryptocurrency and the future of finance.

Image credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.





Source link

Leave a comment