News from Elon Musk ( :) )

Elon Musk vows to unblock Trump's Twitter account on October 31
By Vya4Slav

vya4slav's Recent Blog Posts

News Business: FTX Says It Owes Over $3 Billion to Its 50 Largest Creditors Although names are redacted, a court filing reveals more of the magnitude of the collapse of the exchange.
Cryptocurrency exchange FTX said it owes $3.1 billion to its top 50 creditors, according to documents filed Saturday in Delaware bankruptcy court. Even though the filing did not disclose…
2 years ago
News Tech: Bank of America Says Crypto Exchanges' Proof of Reserves Have Too Many Shortcomings The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.
Following the collapse of FTX and Alameda Research, crypto trading platforms are rushing to show that clients’ assets are safe and not being used for speculation, but “proof of reserves, at least in…
2 years ago
News Tech: Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023 USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem, Emurgo said.
Emurgo, the official commercial arm and a founding entity of the Cardano blockchain, plans to launch USDA, a U.S.-pegged stablecoin, in early 2023, the company told CoinDesk. USDA will be the first…
2 years ago
News Business: Bank of America Downgrades Coinbase Stock to Neutral, COIN Down 7%
Bank of America today said it is downgrading the stock of U.S. cryptocurrency exchange Coinbase from buy to neutral. The price of COIN is down 7% over the last 24 hours and is currently trading at $…
2 years ago
News Tech: ‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX Several exchanges, including Binance, have announced plans to use the auditing technique to reassure customers.
Crypto exchange FTX collapsed spectacularly into bankruptcy last week as trust in its accounting for billions of dollars in assets vanished. In the fiery aftermath, some critics are blasting…
2 years ago