Vitalik Buterin says that “smart people” have told him Solana has an “earnest” developer community. Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people” tell him that Solana has “an earnest smart developer community,” and suggested that the opportunists who were involved with the...Continue Reading

Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation. Mr. Park Mo, the vice president of Vidente, the largest shareholder of South Korean Cryptocurrency exchange Bithumb,was reportedly found dead in front of his home at 4 am, on the morning of Dec. 30.  Prior...Continue Reading

The former FTX CEO denied moving the funds saying; “I’m not and couldn’t be moving any of those funds; I don’t have access to them anymore.” Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On...Continue Reading

The last week of 2022 didn’t turn out to be a good one as the industry recorded multiple exploits and an exit scam scare. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. For DeFi, the last week...Continue Reading

MicroStrategy scooped up BTC at an average price of just under $17,200. Meanwhile, Binance’s CZ explains why there’s so much FUD surrounding his exchange. Business intelligence firm MicroStrategy is showing no signs of backing down on its Bitcoin gambit. Right around the time that Sam Bankman-Fried was being exposed as a fraud, MicroStrategy was scooping...Continue Reading

Billions of dollars paid in the months leading up to the crypto exchange’s bankruptcy may be returned to pay FTX’s creditors, according to an insolvency attorney. The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to return billions of dollars paid...Continue Reading

Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into. Investors have faced a tumultuous year in 2022 as stocks, bonds, and the cryptocurrency sector have all witnessed sharp declines. As of Nov. 30, the performance of a traditional portfolio comprising 60% stocks and 40% bonds has been the...Continue Reading

Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter. To put it lightly, it has been a wild year for the crypto sector. In the span of less than 12 months, the third-most valuable stablecoin imploded, leading to...Continue Reading

The final tradfi trading day of 2022 offers little inspiration to bulls with Bitcoin price action trending down in line with both equities and the U.S. dollar. Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Will new...Continue Reading

Bitcoin family from London have “no regrets” about their decision to sell Bitcoin to start a family. Bitcoin (BTC) gains helped Noodle, a London-based Bitcoiner, to afford in vitro fertilization (IVF) treatments for his family. Noodle’s story (not his real name) comes to life in a Cointelegraph crypto story. In vitro fertilization (IVF) treatments can...Continue Reading