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Is it risky to own cryptocurrency? Binance CEO Changpeng Zhao: 99% of people will lose it

Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, believes that users are actually more likely to lose their cryptocurrency if they use a self-hosted wallet than if they store their cryptocurrency on a centralized exchange. “Holding cryptocurrency in your own wallet is not without risk,” he said. Changpeng Zhao stated on Twitter Space held on …

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Start a new business and seek a turnaround? SBF wants to “make a comeback” to make money and compensate FTX users!

After FTX went bankrupt, owed $50 billion and spooked more than a million creditors, the cryptocurrency exchange founder and former CEO Sam Bankman-Fried (SBF) said he wanted to start another new company, It is hoped that after the new business makes money, it can be used to repay the debts owed by FTX and compensate …

Start a new business and seek a turnaround? SBF wants to “make a comeback” to make money and compensate FTX users! Read More »

Mike Novogratz: SBF’s claim that he is “not criminally responsible” is delusional, and he will be arrested and locked up sooner or later!

FTX founder Sam Bankman-Fried (SBF) recently stated that he has never attempted to commit fraud and does not believe that he has any criminal responsibility. In response to these remarks, Mike Novogratz, the founder and CEO of the cryptocurrency bank Galaxy Digital, couldn’t help but retort, saying, “SBF is simply delusional.” He firmly believes that …

Mike Novogratz: SBF’s claim that he is “not criminally responsible” is delusional, and he will be arrested and locked up sooner or later! Read More »

Bitcoin broke through $17,000! Expert: Don’t be too happy, this wave of rebound may not last long

Federal Reserve (Fed) Chairman Jerome Powell released a dovish signal in his speech on Wednesday, and may slow down the pace of interest rate hikes as soon as December, encouraging Bitcoin to rise above $17,000 and hit a two-week high, but experts He said that the aftermath of FTX’s bankruptcy is still hitting the market, …

Bitcoin broke through $17,000! Expert: Don’t be too happy, this wave of rebound may not last long Read More »

The “Golden Boy of the Currency Circle”‘s 26 billion net worth is almost zero! SBF: I have $100,000 left in my account

Former FTX CEO Sam Bankman-Fried (SBF), once worth $26 billion, says he now has just $100,000 left in his bank account after the FTX empire collapsed. After doing everything possible to save the financial crisis, FTX declared bankruptcy on November 11, and the founder SBF also resigned as CEO. Once known as the “Golden Boy …

The “Golden Boy of the Currency Circle”‘s 26 billion net worth is almost zero! SBF: I have $100,000 left in my account Read More »

AAX was shocked to close down, and its partners absconded with money! Customer service tells users to “prepare for the worst”

As the news of AAX’s collapse became more and more intense, some users directly asked the customer service for verification, but the customer service responded that they could not confirm the authenticity of the conversation in the screenshot, and later said to the user: “I am very sorry, I can only say that I am …

AAX was shocked to close down, and its partners absconded with money! Customer service tells users to “prepare for the worst” Read More »

The “savior” of the currency circle is here! Binance spends $1 billion to set up an “industrial recovery fund”

When FTX collapsed overnight, triggering a chain of crisis in the currency circle, Binance (Binance) resolutely took on the task of “savior”. CEO Changpeng Zhao (CZ) said that Binance is setting up a US$1 billion industrial recovery fund to acquire distressed assets in the cryptocurrency field. Changpeng Zhao said in an interview with Bloomberg TV …

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Qiao FTX is “rat shit”! Robert Kiyosaki: I’m still bullish on Bitcoin, Ethereum

Although the collapse of FTX caused the cryptocurrency market to almost collapse and panicked investors, Robert Kiyosaki, the author of the best-selling financial book “Rich Dad, Poor Dad”, was extremely calm, saying that he was still optimistic about the value of cryptocurrencies. Prospects. Robert Kiyosaki said that he is very interested in blockchain technology, currently …

Qiao FTX is “rat shit”! Robert Kiyosaki: I’m still bullish on Bitcoin, Ethereum Read More »

FTX is like “SBF’s private territory”! Lawyer: A large number of assets were either stolen or disappeared

The FTX bankruptcy incident caused a major shock in the currency circle. It is estimated that at least 1 million investors are facing losses of billions of dollars. The situation is worrying. The bankruptcy court held its first hearing on November 22. James Bromley, the lawyer representing FTX, said in court that the company was …

FTX is like “SBF’s private territory”! Lawyer: A large number of assets were either stolen or disappeared Read More »

South Korea plans to advance cryptocurrency taxation to 2023, and Upbit, Bithumb, etc. are required to set up a virtual asset taxation system

On the 21st, according to a report by Korea Economic TV, the Ministry of Planning and Finance and the National Tax Service of South Korea contacted the top five local cryptocurrency trading platforms (including Upbit and Bithumb) and 31 cryptocurrency-related companies last weekend to request the establishment of a virtual asset taxation system. These institutions …

South Korea plans to advance cryptocurrency taxation to 2023, and Upbit, Bithumb, etc. are required to set up a virtual asset taxation system Read More »