Tag: beg

Sun. Jan 29th, 2023

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Cryptos

Genesis Capital’s fall might transform crypto lending — not bury it
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts.
US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.
IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking.
Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics
Market analyst Cole Garner suggests that Bitcoin bulls are in for a treat amid an ongoing BTC price renaissance.
CZ predicts ‘existential implications’ for anti-crypto traditional finance
While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades.
White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.
US prosecutors seek to ban SBF from Signal after alleged witness contact
It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller.
Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1 billion and laid off 200 employees.
Hackers take over Azuki’s Twitter account, steal over $750K in less than 30 minutes
Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link.
California DMV to digitize car title management system via Tezos
California DMV’s chief digital officer, Ajay Gupta, emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers.

Cartoon of the Day: Beg Back Better

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