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Crypto lending — a major factor in the 2022 crypto meltdown — is having a comeback. In fact, one crypto lender just hired the guy accused of bankrupting BlockFi after he extended a huge line of credit to FTX based on a pinky swear.
The bitcoin community is fighting over an upcoming software change that one developer has warned will be the end of bitcoin. He has reportedly discussed creating a trusted group of censors with the authority to alter data recorded on chain.
Coinbase has launched a campaign claiming that “big banks want another bailout”. Those worried about bailouts should probably worry more about poorly regulated crypto firms integrating themselves into the financial system.
Tai Lopez, a self-help guru who once tried to sell $200,000+ NFTs that gave buyers the chance to join him to watch a 2-hour movie of his choice, has been accused of running a Ponzi scheme. He’s also the guy behind the ill-fated RadioShack crypto rebrand.
The SEC also had to pause trading for one of these crypto treasury companies after potential market manipulation rocketed the stock price 2,000%. Looks like some people forgot the stock market still frowns on the kind of games common in crypto.
This whole video felt like an advertisement to me. I’d already seen it twice, was it necessary to crosspost it again? You could at least have waited a couple of weeks before reposting the same content.