Thanks to all Nextbigfuture community for your support. This is just an FYI that I have to shutdown comments to articles related to FTX, Binance and Crypto. The level of spam on those articles is insane. There has been a general increase in comment spam. This is causing me to shut comments on various older …
Cryptocurrency exchange FTX may have misused customer funds in violation of its own terms of service. Although, there is legalize needed to use uncertainty in the statement that crimes might have been committed. It is very apparent that financial crimes and theft and misuse of client funds did happen. FTX placed billions of dollars worth …
Here is a snapshot of the top 13 or so crypto exchanges for cryptocurrency, crypto exchanges for derivatives and distributed exchanges. Various exchanges already had problems before the recent collapse of FTX. Voyager went under. Now Genesis has frozen withdrawals. Crypto.com is in danger. Crypto.com’s Cronos token (CRO), fell 55% in a week before getting …
Here is analysis that makes that case that collapse of the FTX exchange and the FTT token ponzi is a faster version of what will happen to the japanese Yen and the UK Pound. Here is some data about external debt. The foreign debt (not in domestic currency) is what can be greater than the …
Almost as soon as they burst onto the scene with CryptoKitties back in 2017, non-fungible tokens (NFTs) have been hailed as the future of digital collectibles. With their innate scarcity and the ability to represent just about anything digitally, NFTs have a lot of potential for a wide variety of applications. Unsurprisingly, this has led …
Tom Brady and his x-wife Gisele Bundchen are at risk of losing $650 million if crypto exchange FTX goes completely bankrupt. Tom and Gisele apparently invested $650 million in the FTX company. Tom Brady still has a three-year contract. Tom is getting paid $75 million this year which includes $45 million in endorsements. Brady makes …
Crypto exchange Binance is walking away from bailing out FTX. FTX has a shortfall of up to $8 billion. The Wall Street Journal reports that FTX Chairman and founder Sam Bankman-Fried is missing and may be on the run. As a result of corporate due diligence, as well as the latest news reports regarding mishandled …
It’s becoming increasingly important to focus on keeping your wallets safe. There are plenty of hackers and other cybercriminals looking to get their hands on your crypto investment. Check out five essential tips on how to make that doesn’t happen. One of the major topics in the world of crypto is security. The threat of …
Twitter has filed with a financial regulatory agency to process payments. This is the start of Elon Musk going back to his Paypal plans. Elon Musk had visions for reinventing finance with Paypal. Elon Musk will now use Twitter to realize those previously abandoned plans. Elon wants to integrate all financial data into one database, …
The FTX crypto exchange, was second largest in the world, has collapsed. Binance, the largest crypto exchange, was considering buying FTX but is now unlikely to follow through. Bitcoin (BTC) is under $17000. Ether (ETH) is below its post-Merge low of $1,160. As of June 30, 2022, Alameda Research (sister company of FTX, both headed …
There has been many billions of dollars invested into quantum computing. The picture above is partial view of the companies and institutions working toward quantum computing. William Oliver of MIT gave an overview of the status of Quantum Computing as of late 2021. There had been experimental indications that the 1 and 2 qubit systems …
