Sam Bankman-Fried (SBF) is considered an icon of the crypto space. With its companies Alameda Research and FTX, SBF has made a fortune since 2018. According to his own statements, he owns more than 10 billion US dollars, mostly in illiquid assets. In an interview with New York Magazin, the young entrepreneur explained how he succeeded.
ARK Invest is convinced that fundamentals are currently driving the Bitcoin price higher. In addition, the company still sees a lot of growth potential in BTC. What are the reasons for that?
ARK Invest is an American asset management company founded in 2014 by Catherine D. Wood. The company currently manages assets of $ 29.3 billion and invests in cryptocurrencies such as Bitcoin, among other things.
The GameStop hype kept the financial world in suspense for days. Now Kraken CEO Jesse Powell sees the traditional stock market clearly on the decline.
In a recent interview with Yahoo! Finance will answer questions from Jesse Powell, head of the Kraken crypto exchange. One topic is the hype surrounding the shares in the retail chain GameStop. In the conversation, the question arises to what extent the spark of this price rally has jumped into the crypto market.
After Amazon founder and long-time CEO Jeff Bezos announced his retirement from the board of directors on the evening of February 2, 2021, Andy Jassy will take this position in the future. Jassy is currently the head of the cloud service Amazon Web Service and is crypto-savvy.
The news that Jeff Bezos will be stepping down from the board later this year hit like a bomb. Bezos stands like no other for the boom in online retail. In 27 years, the American turned a small online bookseller into one of the most valuable companies in the world. Now Bezos is vacating the board position for his successor: Andy Jassy in the third quarter.
DapperLabs came up to make blockchain technology fit for the masses. With the dApp NBA Top Shot, the developers of CryptoKitties have now achieved the next blockbuster. This time on the own flow blockchain.
Even twelve years after Bitcoin’s genesis, there is still no question of mass adaptation of blockchain technology. The technology, which aims to revolutionize pretty much every area of life from the financial market to supply chains to gaming, is still waiting for its big breakthrough. What is needed is a “killer app” for blockchain: an application that enables something that can only be done with the help of blockchain technology – and on a large scale.
Most Bitcoin miners are likely to have started 2021 more than satisfied given the high sales figures. But they cannot benefit from the upswing everywhere.
The mining industry is booming. This is shown by figures from “The Block”. According to this, Bitcoin miners recorded total sales of about 1.12 billion US dollars in January of this year. This year’s sales even exceed the sales of January 2018 (1.02 billion US dollars) and are just behind the record sales from December 2017 (1.25 billion US dollars).
The exchange of blows between Ripple and the US stock exchange regulator goes into the next round. Much is at stake for Ripple when it comes to whether XRP is a currency or a security. The XRP course is showing itself to be battered by recent developments.
As Bitcoin (BTC) price recovers from the dive, banking giant JPMorgan is warning investors of possible risks. At the same time, Glassnode is drawing an extremely bullish scenario for the largest cryptocurrency. The market update.
PlanB itself predicts a rate of at least USD 288,000 with its S2F model. The Winklevoss brothers also see Bitcoin on a par with gold. If BTC reaches the gold market capitalization of around USD 9 trillion, the price would be beyond USD 500,000.
At the moment there are no uniform laws for the taxation of Bitcoin (BTC) and Co. Nevertheless, some countries have already taken a more liberal approach than others – today we take a look at five crypto tax havens.
The Bitcoin Exchange Coinbase has filed a so-called Form S-1 with the Securities and Exchange Commission. The company is thus taking the first step towards going public. But there is still a long way to go until then.
On December 16, 2020, Bloomberg announced the credit card company’s investment. An exact amount was not given. In May, FalconX received funding from existing investors such as Accel and Coinbase. They invested a total of 17 million US dollars in the company. Since then, FalconX has reported an increase in sales of 350 percent.
Bond interest rates are once again reaching new record lows. From an investor’s point of view, this asset class is becoming more and more unreasonable. About the extent of negative interest rates, the role of the speed of money circulation and the question of whether staking cryptocurrencies can offer a refuge for “bond fans”.
Vulnerability in the Lightning Network, upgrade highly recommended
The developers of the Lightning Network recommend an immediate upgrade to version 0.11 or higher.All node operators of the Lightning Network who are using an LND version from before October 1st are asked to immediately upgrade to version 0.11.The reason for this is that a security hole was found in LND version 0.10, which also affects all versions before that.
The corresponding security hole was communicated on October 9th by Lightning developer Conner Fromknecht.In this regard, he explains:
“Although we have no reason to believe that this vulnerability is already being exploited, we urge the community to immediately update to LND version 0.11 or higher.”
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Everything you need to know about the Lightning Network ⚡.
Satoshi himself proposed the first version of payment channels . The Lightning Network paper has zero authors from Blockstream . At least two other entirely independent companies are working on Lightning Network implementations . It’s well understood how trustless LN transactions work . The spec  and code are open source, feel free to look for a “backdoor”.