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CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

Let’s Actually Commit to Proofs of Reserve This Time, Okay?

Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.

By Nic Carter

Nov 14, 2022 at 1:29 p.m. UTC

Nov 14, 2022

FTXProof-of-ReservesSam Bankman-FriedOpinionCrypto

CDCROP: Vintage bank vault and security boxes (Getty Images)

All Custodial Crypto Exchanges Should Adopt Proof-of-Reserve Programs, but Even That Isn’t Enough

After last week’s FTX debacle, customers who don’t wish to take custody into their own hands should demand far better from their service providers.

By George Kaloudis

Nov 13, 2022 at 3:45 p.m. UTC

Nov 13, 2022

Crypto Long & ShortOpinionFTXSam Bankman-FriedSBF

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

FTX's Fall Will Lift the Next Generation of Bitcoin Maximalists

There is a real distinction between crypto and bitcoin, as many have learned this week.

By Will Szamosszegi

Nov 11, 2022 at 10:01 p.m. UTC

Nov 11, 2022

FTXBitcoinOpinion

CDCROP: Cropped Hands Of Journalists Interviewing Businessman (Getty Images)

FTX Lesson: Crypto Needs the Press, the Press Needs Crypto

CoinDesk played a central role in this week’s FTX meltdown, following our coverage of Alameda Research’s suspect balance sheet last week. But the crypto industry's maturation and eventual success requires that we flesh out these unstable structures and bad practices.

By Michael J. Casey

Nov 11, 2022 at 5:30 p.m. UTC

Nov 11, 2022

Money ReimaginedOpinionFTXSam Bankman-FriedJournalism

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Sam bankman-fried

How Sam Bankman-Fried’s ‘Effective’ Altruism Blew Up FTX

The Alameda Research and FTX founder believed he had singular insight into how to fix the world's problems. Instead, he wound up exemplifying them.

By David Z. Morris

Nov 11, 2022 at 5:06 p.m. UTC

Nov 11, 2022

Sam Bankman-FriedFTXFraudOpinionPhilosophyThe NodeNewsletters

Elon Musk at Heidi Klum's Hallowe'en Party 2022.

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Twitter

Crypto Can Help With Elon Musk’s Twitter Identity Issue

The Blue Bird site faces a classic “Byzantine Generals” problem that Bitcoin solved.

By Frances Coppola

Nov 11, 2022 at 3:42 p.m. UTC

Nov 11, 2022

TwitterElon MuskOpinion

CDCROP: FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

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Opinion

FTX Showed the Problems of Centralized Finance, and Proved the Need for DeFi

The meltdown of Sam Bankman-Fried's crypto trading empire could not, and would not, have happened to a decentralized and transparent protocol.

By Amanda Cassatt

Nov 11, 2022 at 1:46 p.m. UTC

Nov 11, 2022

OpinionFTXDeFi

CDCROP: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee (Alex Wong/Getty Images)

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The Role Regulators Played in the FTX Fiasco

The collapse of Sam Bankman-Fried's blockchain empire is a direct result of crypto’s centralized development and lack of U.S. regulations.

By Daniel Kuhn

Nov 10, 2022 at 7:33 p.m. UTC

Nov 10, 2022

OpinionThe NodeNewslettersFTXSam Bankman-Fried

Silver balls on strings in a Newton's cradle

Business

Crypto for advisors

What Bitcoin’s Inflation Hedge Narrative Needs: More Time

Whether or not Bitcoin and other cryptocurrencies are long-term inflation hedges and a store of value or simply a “risk-on” speculative assets preferred in times when bond yields are unattractive is yet to be perfectly understood.

By Jackson Wood

Nov 10, 2022 at 1:45 p.m. UTC

Nov 10, 2022