Day: November 12, 2022

Sam Bankman-Fried denies rumors that he fled to Argentina

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FTX founder Sam Bankman-Fried has denied speculation that he’s fled to Argentina as the saga surrounding his collapsed cryptocurrency exchange continued to unfold in near-real time on Twitter.  In a text message to Reuters on Nov. 12, Bankman-Fried, who also goes by SBF, said he was still in the Bahamas. When Reuters asked him specifically whether he had flown to Argentina, as the rumors suggest, he responded: “Nope.” Users took to Twitter over the weekend to speculate whether SBF was on the run after filing for Chapter 11 bankruptcy for…

eBay is FULL of Cheap Hard Drives! What's the Catch?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Get $25 off all pairs of Vessi Footwear with offer code LinusTechTips at Save 10% and Free Worldwide Shipping at Ridge Wallet by using offer code LINUS at We’ve said more than once to never buy a used hard drive. But file sizes are increasing across the board, so could it actually make more sense to turn to the used market – like ebay or craigslist – for more storage capacity…even if the hard drives were used for crypto mining? Discuss on…

Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas – Bitcoin News

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According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn’t mean SBF took the flight, a number of people suspected someone from SBF’s inner circle did fly out of the Bahamas. The former FTX CEO, however, texted Reuters after the flight and told the news outlet he did not leave the Bahamas. Former FTX CEO’s Private Jet Embarks to Argentina, SBF Claims He Remains in the…

THAT Just Happened!!!!! (I’m shocked)

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FTX reportedly hacked as officials flag abnormal wallet activity

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Collapsed cryptocurrency exchange FTX reportedly faced a series of unauthorized transactions over the weekend, prompting several warnings from users and analysts against interacting with its mobile app or website.  Wallets associated with FTX saw roughly $266.3 million worth of outflows on Nov. 11, according to analytics firm Nansen. FTX US, a separate entity operating in the United States, was reportedly drained of $73.4 million. $266M has been withdrawn from FTX in the last 24 hours $73M from FTX US pic.twitter.com/qoiroPSegq — Nansen (@nansen_ai) November 12, 2022 The magnitude of the…

Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits – Exchanges Bitcoin News

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When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen has detailed the company is in the midst of creating a display of crypto exchange proof-of-reserves. Proof-of-Reserves Concept Pushes Proof-of-Solvency to the Forefront of Crypto Conversations Three days ago, amid the chaos surrounding FTX, a group of crypto exchange executives detailed that they planned to provide proof-of-reserves…

Usos poco conocidos del Blockchain en Latinoamérica

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Especial Blockchain en Latinoamérica ¿En qué exactamente, además de en el sector financiero, se usa la tecnología de bloques? América Latina es un actor cada vez más relevante en cuanto al uso del Blockchain. Aquí les presentamos algunos usos claves de esta tecnología en la región. 𝗖𝗼𝗻𝘁𝗲𝗻𝗶𝗱𝗼 0:39 ¿Cómo funciona una cadena de bloques? 2:10 Blockchain para generar valor: La compañia electrogeneradora que rastrea y certifica la energía limpia que vende. 4:20 Materias primas certificadas: Blockchain para rastrear el viaje de los…

Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar – Bitcoin News

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On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning Sam Bankman-Fried’s (SBF) quantitative cryptocurrency trading firm Alameda Research shed some more light on the situation. Moreover, crypto proponents have questioned why U.S. regulators let FTX fly under the radar. Bankruptcy Filing Highlights FTX’s and Alameda’s Long List of ‘Portfolio Companies’ This past Friday, the…

DOGE Surges Following Elon Musk Comments on the Meme Coin – Market Updates Bitcoin News

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Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%. Dogecoin (DOGE) Dogecoin (DOGE) was one of today’s only gainers, as the token was boosted by comments from Tesla and Twitter CEO Elon Musk. Following a low of $0.0793 on Friday, DOGE/USD rose to a peak of $0.09399 earlier in…