EPISODE · Nov 30, 2023 · 10 MIN
FTX, decentralized mining, Binance vs. the Philippines, and the story of Bitcoin millionaire Charlie Shrem
from Rise’n’Crypto · host Сointelegraph
Few spaces, if any, move faster than crypto, and in just 24 hours, there’s already so much to catch up on. FTX is set to sell $873 million of trust assets as part of its continued attempts to make creditors whole, Binance is in hot water with the Philippines SEC, and Twitter (now X) co-founder Jack Dorsey led a funding round for a company looking to decentralize the Bitcoin mining process. And finally, we have the fascinating story of Charlie Shrem, a man who went from a basement to the cover of Forbes — and then to prison!Further reading:FTX given the green light to sell $873 million of trust assets to pay creditorsJack Dorsey leads a funding round for a company decentralizing Bitcoin miningThe Philippines SEC says Binance is operating without a licenseU.K. tax authority issues warning for crypto holdersThe fascinating and turbulent story of Bitcoin millionaire, Charlie ShremReferences:Crypto Stories YouTube PlaylistHow to manage crypto losses on tax returns in the US, UK and CanadaRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
What this episode covers
Few spaces, if any, move faster than crypto, and in just 24 hours, there’s already so much to catch up on. FTX is set to sell $873 million of trust assets as part of its continued attempts to make creditors whole, Binance is in hot water with the Philippines SEC, and Twitter (now X) co-founder Jack Dorsey led a funding round for a company looking to decentralize the Bitcoin mining process. And finally, we have the fascinating story of Charlie Shrem, a man who went from a basement to the cove...
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FTX, decentralized mining, Binance vs. the Philippines, and the story of Bitcoin millionaire Charlie Shrem
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