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Binance's FUD is primarily caused by external factors - not by the exchange itself, according to CZ. from Cointelegraph.com News https://ift.tt/1GbLDvo via IFTTT

This year was a turning point for Bitcoin and its community is now ready to cut the dead weight of price speculation. bit.ly/3f7o14k http://dlvr.it/SfvzCd

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio strategy, Jared Gross, discussed crypto and institutional investors’ interest in the asset class on Bloomberg Friday. The senior investment strategist described: As an asset class, crypto is effectively nonexistent for most large institutional investors … The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging. Gross added that it is “self-evident” that bitcoin has not proven itself to be a form of digital gold or haven asset like some have hoped. He continued: Most institutional investors probably are breathing a sigh of relief that they didn’t jump into that mar...

The host of Mad Money, Jim Cramer, says he would not touch crypto in a million years. He called investors who own various altcoins idiots and urged the U.S. Securities and Exchange Commission (SEC) to do “a big sweep” on the crypto industry. Jim Cramer’s Crypto Warnings The host of CNBC’s Mad Money show, Jim Cramer, has issued more warnings about cryptocurrency. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. He said on CNBC Friday: I would not touch crypto in a million years because I wouldn’t trust the deposit bank. He was then asked whether he is making a distinction between centralized and decentralized platforms. “They fought regulation. They didn’t want regulation and you don’t have regulation,” Cramer replied, indicating that he does not trust any platforms that do not want regulation. The Mad Money host continued: I’m just saying you are using a lot of blind faith, and I like to have my money at JPMorgan, and ...

People involved in financial tech, software programming, cyber security, and cryptocurrencies have been talking about the Lastpass data breach that was disclosed two days ago. The password management company detailed that a breach, committed earlier this year, allowed hackers to obtain a “backup of customer vault data.” Lastpass Reveals ‘Threat Actor Was Also Able to Copy a Backup of Customer Vault Data’ On Dec. 22, 2022, the password management firm Lastpass disclosed that an “unknown threat actor” managed to breach the firm’s cloud-based storage environment in or around Aug. 2022. As soon as the news was published, the Lastpass data leak has been a topical discussion on social media and forums. A great number of people believe that Lastpass’ situation “may be worse than they are letting on.” LastPass attackers now know all websites you have passwords stored for and the blobs, encrypted only by your master password https://t.co/Wdbt6mWe8C https://t.co/HldcJ8DYkK — SwiftOnSec...

A whitelist is a list of wallet addresses with priority access to an NFT collection before making it available to the general public. from Cointelegraph.com News https://ift.tt/UFEhISu via IFTTT

Following FTX co-founder Sam Bankman-Fried’s arrest and the statements from his co-workers Gary Wang and Caroline Ellison, the spotlight has turned on the remaining executives who were part of the team’s inner circle. Another person people are curious about these days is Alameda Research’s ex-co-CEO Sam Trabucco. The 30-year-old executive left Alameda in Aug. 2022, but since Ellison detailed misconduct happened in 2019, it’s assumed that Trabucco knows a thing or two about what happened. Spotlights Remain on a Few More FTX and Alameda Execs Like Sam Trabucco Since Sam Bankman-Fried (SBF) was arrested and then later released on bail, attention has been drawn toward executives who have not come forward, or at least not publicly announced they have been cooperating with law enforcement. So far we know that at least three co-workers have turned on SBF including Caroline Ellison, Gary Wang, and Ryan Salame. Two other execs people are curious about include FTX’s former director of engi...

The loss represents the collective personal equity of 17 people in the space, including 15 who have lost over half of their fortunes since March. from Cointelegraph.com News https://ift.tt/kVwKEH4 via IFTTT

Reviewing select developments emerging from Ethiopia this past year makes it clear that the stage is set for Bitcoin. bit.ly/3f7o14k http://dlvr.it/Sft3QC

Hackers have stolen over $2.5 billion through vulnerabilities on cross-chain bridges in the past two years. from Cointelegraph.com News https://ift.tt/BeyYDXl via IFTTT