Saturday, November 12, 2022

Crypto -- Are We Watching History Being Made? November 12, 2022

Themes.

Themes - 2022.

Original post, October 8, 2022:

Crypto:

  • third miner files for bankruptcy: Celsius
  • big question: how does this affect two miners coming to MonDak?
  • minor (pun intended): three bankruptcies; is this the end for crypto, or is this simply good miners pushing out bad miners? 
  • worse news: depositors will lose their entire holdings -- posted October 8, 2022

Now, November 12, 2022: FTX -- the third largest? Said to have been the safest.

  • $32 billion to $0 over 24 hours
  • "hack" results in all remaining funds being stolen
  • SBF said to be world's best hacker
  • founder SBF tries to flee to Argentina?

 

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