Blockchain (Page 6)

Latest in Blockchain

Former FTX CEO Sam Bankman-Fried is speaking out, and he's sort of, kind of, taking responsibility — but also not really?

An Interviewer Asked Sam Bankman-Fried If He’d Been Honest and His Answer Was Bizarre

By Maggie Harrison Dupré

Hemgenix is the latest form of a gene therapy drug to be approved by the FDA, and it's now the most expensive drug in the world. Too expensive.

Another Crypto Exchange Is Laying Off 1,100 Employees

By Maggie Harrison Dupré

According to court filings, FTX owes about $55,319 to Jimmy Buffet's Bahamian Margaritaville resort, because of course it does.

FTX’s Worst Sin: It Owes an Immense Bill to Jimmy Buffett’s Margaritaville

By Maggie Harrison Dupré

A courtroom in Washington County, Tennessee, erupted in cheers and applause after county commissioners rejected a proposal to build a Bitcoin mining plant.

Courtroom Erupts in Cheers After Bitcoin Plant Rejected From Opening in Community

By Victor Tangermann

In the early days of the FTX collapse, founder SBF was so stubborn about saving the exchange that people near him had to beg him to do the right thing.

Leaked Messages Show FTX Insiders Begging SBF to Step Down as Crisis Deepened

By Noor Al-Sibai

SBF, the disgraced head of the collapsed FTX crypto exchange, just can't stop talking smack — and this time, his lawyers are the victims.

SBF Says His Lawyers Can “Go F*ck Themselves”

By Noor Al-Sibai

Used luxury cars are selling for way cheaper than ever as crypto continues to crashes, and some thing those two things are closely related.

Impoverished Crypto Bros Desperately Trying to Sell Luxury Cars

By Noor Al-Sibai

Mark Cuban, who's currently being sued for his role with the bankrupt crypto exchange Voyager Digital, thinks Sam Bankman-Fried should fear prison.

Mark Cuban Says SBF Should Be Afraid of Imprisonment “For a Long Time”

By Maggie Harrison Dupré

Miami nightclub owners missing the business of high-rolling crypto millionaires, who sought to loudly flaunt their wealth on the city's nightlife scene.

Miami Nightclubs Horrified That Big-Spending Crypto Bros Are Broke Now

By Maggie Harrison Dupré

Major cryptocurrency lender BlockFi has filed for bankruptcy, a sign that the ongoing "crypto winter" is really starting to take its toll.

BlockFi Just Filed for Bankruptcy

By Victor Tangermann

An Elon Musk-themed meme coin has plummeted in value after its founders unveiled a bizarre statue that features Musk's head on the body of a goat.

Crypto Guys Spend $600,000 on Hideous Wormlike Elon Musk Statue, Causing Their Coin to Crash

By Noor Al-Sibai

Coinbase, the second largest cryptocurrency exchange by trading volume, is feeling the pressure following the collapse of rival exchange FTX.

Coinbase May Be in Real Serious Trouble Now

By Victor Tangermann

The hackers that stole hundreds of millions of dollars in crypto from the FTX exchange are now laundering that money into Bitcoin.

Someone’s Converting Millions of the Stolen FTX Funds Into Bitcoin

By Noor Al-Sibai

Sam Bankman-Fried’s Lawyers Quit Because of His “Incessant and Disruptive Tweeting”

Sam Bankman-Fried’s Lawyers Quit Because of His “Incessant and Disruptive Tweeting”

By Noor Al-Sibai

Lawyer Explains Why He's Suing Celebs Who Shilled FTX Before Its Spectacular Meltdown

Behind the Lawsuit Against Celebs Who Shilled FTX Before Its Spectacular Meltdown

By Maggie Harrison Dupré

As crypto exchange FTX continues its demise, 3AC's Zhu Su and Kyle Davies have somewhat unexpectedly crawled out of the rubble.

Guy Linked to Huge Crypto Meltdown Says It’s Just a Coincidence That He’s Hanging Out in a Country With No Extradition to United States

By Maggie Harrison Dupré

The value of Bored Ape Yacht Club NFTs has absolutely plummeted, leaving celebrities with six figure losses, a perhaps predictable conclusion.

Celebrities’ Bored Apes Are Hilariously Worthless Now

By Victor Tangermann

The first civil suit against the crypto exchange FTX was just filed, naming FTX, Sam Bankman-Fried, and 11 of FTX's many celebrity ambassadors.

Celebrities Are Officially Being Sued by FTX Retail Investors

By Maggie Harrison Dupré

News of the fact that crypyto exchange FTX was short billions of dollars came as a huge shock to some, with one exec reportedly vomiting.

FTX Exec Vomited in Horror When He Learned the Truth

By Victor Tangermann

Sam Bankman-Fried bankrolled a lot of politicians before his crypto exhange FTX went belly up. But are those politicians going to return the money? Well...

Politicians Refuse to Say Whether They’ll Give Back Donations From Sam Bankman-Fried

By Frank Landymore

In the wake of the FTX crash, Tom Brady and others have deleted evidence of his partnership with the embattled cryptocurrency exchange.

Celebrities Frantically Deleting Tweets Shilling FTX Before Its Collapse

By Maggie Harrison Dupré

Just last week, crypto exchange FTX imploded, wiping out $32 billion in valuation, and forcing it to declare bankruptcy. BlockFi could soon follow.

The FTX Collapse Has Another Crypto Company Preparing for Bankruptcy

By Victor Tangermann

Disgraced cryptocurrency billionaire Sam Bankman-Fried isn't feeling much remorse after his $32 billion exchange FTX collapsed in a matter of days.

Crypto Guy Says He’s Doing Fine After Losing Billions of Customers’ Money, Getting Plenty of Sleep

By Victor Tangermann

It appears that the Tumblr blog run by disgraced Alameda Research CEO and FTX collapse figure Caroline Ellison has been unearthed — and it's pretty wild.

This Strongly Appears To Be Alameda CEO Caroline Ellison’s Tumblr Account

By Noor Al-Sibai

There are few things that wealthy people can do to get in trouble in the crypto-friendly tax haven of the Bahamas. But alas, Sam Bankman-Fried has done it.

The FTX Collapse Is So Egregious That Even the Bahamas Are Investigating

By Maggie Harrison Dupré

Crypto exchange Crypto.com is feeling the pressure following the collapse of rival FTX after its CEO admitted to sending $400 million to a competitor.

Crypto.com Accidentally Sent $400 Million to a Competitor

By Victor Tangermann

Legal experts have pointed out a shocking loophole that may actually work in the favor of Sam Bankman-Fried, FTX's youthful head.

Experts Say Sam Bankman-Fried’s Best Legal Defense Is to Say He’s Just Really, Really Stupid

By Noor Al-Sibai

Tim Berners-Lee is the inventor the World Wide Web. He wants a decentralized internet, but thinks Web3 is one proposal we should ignore altogether.

The Guy Who Invented the World Wide Web Thinks We Should “Ignore” Web3

By Frank Landymore

Disgraced FTX CEO Sam Bankman-Fried, who lost 94 percent of his entire $16 billion net worth in a matter of 24 hours, has officially stepped down.

Disgraced Sam Bankman-Fried Steps Down as CEO of FTX

By Victor Tangermann

Tom Brady, Gisele Bündchen, and a number of other athletes poured a lot of money into FTX, the Sam Bankman-Fried-run exchange that just collapsed.

Tom Brady Appears to Be Totally Screwed by the FTX Collapse

By Maggie Harrison Dupré

One glaring question remains following FTX's collapse: will customers will ever get their money back? That's looking unlikely, given the evidence.

Sam Bankman-Fried Deletes Tweet Promising Customers’ Money Is Safe

By Victor Tangermann

The value of Bitcoin has slid significantly, and is now hovering at a two-year low, following the news of Binance offering to bail out FTX.

If You Bought Bitcoin in December 2017, You Have Now Lost Money

By Victor Tangermann

FTX CEO Sam Bankman-Fried, who led one of the biggest exchanges in the world, has lost a stunning 94 percent of his entire net worth in a single day.

Crypto Billionaire Loses 94 Percent of His Wealth in One Day

By Victor Tangermann

A blockchain businessman claims he's burned a priceless Frida Kahlo drawing in service of minting 10,000 NFTs of it. Many aren't sure if it's the real deal.

Blockchain Guy Sets Priceless Drawing on Fire to Mint 10,000 NFTs, Only Sells Four

By Frank Landymore

Binance, the largest crypto exchange by volume, has announced plans to buy one of its biggest rivals, FTX, sending ripples throughout the industry.

One of the Biggest Crypto Exchanges Suddenly Implodes, Sells Itself to a Rival

By Victor Tangermann

NFT marketplaces are doing away with royalties, or creator fees, and creators are predictably concerned. Now, OpenSea has caused even more chaos.

NFT Marketplaces Say Oops, Paying Royalties to Artists Is Optional Now

By Maggie Harrison Dupré

NFTs aren't totally dead just yet. And in order to keep them alive, a growing number of web3 operators are turning towards a more familiar market: housing.

The Latest Idea to Make People Actually Buy NFTs: Throw in a House

By Maggie Harrison Dupré

While everyone was agog at Elon Musk officially buying Twitter, the social network quietly announced that it would let users trade NFTs on the site.

Twitter Quietly Announced NFT-Trading Integration During Elon Musk’s Takeover

By Noor Al-Sibai

The Fyre Fest island has reached its only natural next form: a luxury real estate colony for the crypto elite, where homes will be bought and sold via NFTs.

Developers are Transforming the Fyre Fest Island Into an Exclusive Colony for Crypto Millionaires, Because of Course They Are

By Maggie Harrison Dupré

Watch out for Slotie, a "metaverse casino" that was just issued an emergency cease-and-desist order by four different US states.

Shockingly, This NFT Metaverse Casino Is Already in Big Trouble

By Maggie Harrison Dupré

CNN was one of the earliest NFT adopters — and now, is among the many who have dropped their crypto projects as the market continues its months-long slump.

CNN In Hot Water With Investors After Canceling Its Weird NFT Project

By Noor Al-Sibai

Binance, the world's largest crypto exchange in trading volume, has been hacked yet again — but this time, the losses are truly staggering.

Hackers Steal Over Half a Billion Dollars From World’s Largest Crypto Exchange

By Victor Tangermann

Kim Kardashian is to pay a $1.26 million penalty to the SEC for allegedly pushing crypto token EMAX without disclosing how much she was paid to do so.

Kim Kardashian Ordered to Pay Million Dollar Penalty for Pushing Crypto on Instagram

By Maggie Harrison Dupré

When it comes to environmental harm, Bitcoin mining is worse than gold and comparable to both crude oil and cattle farming, a new study has found.

Bitcoin Mining as Bad for Planet as Oil Drilling, Scientists Say

By Noor Al-Sibai

NFT trading volumes are down a catastrophic 97 percent from the record highs seen back in January — forget crypto winter, is this a full-blown web3 ice age?

It’s Official: Pretty Much Nobody Is Buying NFTs Anymore

By Maggie Harrison Dupré

There is truly nothing that feels more 2022 than purchasing a $75 NFT and receiving 3.5 ounces of weed dubbed "Space Rocks" in return.

Geniuses Selling NFTs That Just Happen to Come With Free Weed

By Maggie Harrison Dupré

Anonymous is back at it again — and this time, they're claiming that the Bored Ape Yacht Club is smuggling Naziism into the mainstream.

Anonymous Declares War on Bored Ape Yacht Club Over Alleged Nazi Symbolism

By Noor Al-Sibai

Just months after filing for bankruptcy, Alex Mashinsky, the CEO of embattled cryptocurrency "bank" Celsius, has resigned from his position.

Disgraced Crypto CEO Resigns Amid Bankruptcy Proceedings

By Maggie Harrison Dupré

According to Binance CEO Changpeng "CZ" Zhao, the devastating crypto bear market is ultimately good — "healthy," even — for the market.

Binance Guy Says the Crypto Crash is Good, Actually

By Maggie Harrison Dupré

After its own brushes with the law, Binance is now alerting its users that the co-founder of the Terra stablecoin is currently wanted by police in Korea.

Crypto Exchange Warns Buyers That Coin Founder Is Wanted by Police

By Noor Al-Sibai

Do Kwon, creator of the infamous, crypto-crashing Terra-Luna "stablecoins," is still missing. Well, not missing — according to him, that is.

Guy Blamed for Crypto Crash Says He Isn’t Fleeing Arrest Warrant, But Isn’t Turning Himself In to Cops Either

By Maggie Harrison Dupré

Neal Stephenson, the science fiction icon who first coined and popularized the term "metaverse," is pausing his literary career to build his own.

Guy Who Invented the Word “Metaverse” Building His Own Metaverse

By Noor Al-Sibai

The Ethereum merge has regulators pondering whether they should treat ether as a security, which could signal a big turning point.

Oops! Ethereum’s Merge May Cause Huge Problems With the SEC

By Victor Tangermann

A crypto token allegedly honoring the recent death of Queen Elizabeth II was sent soaring, before fully collapsing in on itself.

Gullible Idiots Horrified When Queen Elizabeth Alt Coins Crash in Value

By Victor Tangermann

Have you ever wanted to rent an NFT? Neither did anyone else — and that's why an NFT rental platform has opted to shut its doors this week.

NFT Rental Platform Shuts Down Due to “Close to Zero Traction”

By Noor Al-Sibai

The Australian programmer who claims to be the creator of Bitcoin has a super believable excuse for why he can't prove it.

Guy Claims He Invented Bitcoin But Then “Stomped on the Hard Drive” Containing Proof

By Noor Al-Sibai

ETHPoW, a popular proof-of-work alternative to ether, crashed after Ethereum's merge, leaving miners in a predicament.

Miners Forked Ether So They Can Still Pollute After the Merge, But It’s Already Crashing in Value

By Victor Tangermann

A group of cryptocurrency miners — many of whom stand to lose their main stream of income due to the Ethereum Merge, have made their own Ethereum token.

Furious Crypto Miners Making Their Own Ethereum Where They Can Still Destroy the Environment After the Merge

By Maggie Harrison Dupré

The estate of David Bowie is canceling its much-derided NFT project because of the death of another famous Brit — but there's some issues with their gambit.

David Bowie’s Estate Has a Very Believable Excuse for Nixing Its Hated NFT Project

By Noor Al-Sibai

According to economist John Hawkins, El Salvador's grand crypto experiment, led by Crypto Commander in Chief President Nayib Bukele, has been a disaster.

Economist: El Salvador’s Year With Bitcoin Currency Has Been “Spectacular Failure”

By Maggie Harrison Dupré

A decades-old law was used to sentence an OTC Bitcoin trader to prison. Rizzn says more clarity around Bitcoin and blockchain law is needed.

Guy Sentenced to Prison for Changing People’s Cash Into Bitcoin

By Lonnie Lee Hood

Ethereum is about to implement a huge change dubbed "The Merge" to its platform — a change that has crypto miners shaking in their boots.

Crypto Miners Terrified by Ethereum’s Imminent Move to Proof of Stake

By Victor Tangermann

In a scathing new interview, early Coinbase investor Liron Shapira took a swipe at the cryptocurrency space, calling it "essentially worthless."

One of Coinbase’s First Investors Says Crypto Is Worthless and Should Be Shut Down

By Victor Tangermann

This crypto advocate has an idea: fill future games with poor people playing human-controlled non-playable characters (NPCs).

Crypto Guy: Desperately Poor People Could Be NPCs in Video Games

By Victor Tangermann