Chain News by Thebittimes.Com

This time last year, venture capital (VC) firms couldn't get enough of FTX and Sam Bankman-Fried (SBF) – but since the November collapse of the crypto empire all that has changed. As the full horror story of the corporate governance vacuum that was FTX and Alameda Research is revealed, many are asking how VCs could fail so spectacularly in their duty of care to their investors. In SBF's parallel universe, he is working to make FTX depositors whole again, but after his appearance at the New York Times Deal Book event earlier this week, former customers will be wanting to know how what looks like fraud was allowed to play out in plain sight – or at least with the facilitating investments of VCs. What due diligence did firms do before ploughing hundreds of millions into SBF's companies? Not a lot by the look of it. Why, for example, did so few of them stop to ask why there was no accounts department in a business that grew to a valuation of $35 billion? Why...

Bitcoin documentaries are becoming increasingly popular as more people want to learn about the cryptocurrency.  But with so many different documentaries available, it's difficult to know which ones are worth watching. To help you out, we've compiled a list of the top bitcoin documentaries you can watch today.  Best Bitcoin Documentaries Take a look at seven of the best bitcoin documentaries you can find online, ranked by their IMDb rating.  The Rise and Rise of Bitcoin (2014) If you want to know everything about Bitcoin, then The Rise and Rise of Bitcoin is the documentary for you. Directed by Nicholas Mross, this 2014 film takes a comprehensive look at the history and future of the world’s most popular cryptocurrency. The Rise and Rise of Bitcoin covers everything from the early days of the currency, when it was primarily used by drug dealers and criminals, to its present-day status as a legitimate investment and peer-to-peer transaction vehicl...

Image source: Pixabay Tiantian Kullander, co-founder of $3 billion crypto finance service provider company Amber Group, passed away in his sleep on November 23.  The company’s official website now displays a pop-up that confirms the death of Kullander and also shares some details about his achievements.  "It is with the deepest sadness and a heavy heart that we inform you of the passing of our friend and co-founder, Tiantian Kullander, who passed away unexpectedly in his sleep on November 23, 2022," the pop-up reads. Kullander was 30 years old and leaves behind a wife and a son. Also known as “TT,” Kullander was a co-founder of the Hong Kong-based Amber Group, which describes itself as a "one-stop crypto finance service provider that provides liquidity provision, trading and asset management services 24/7." Besides Amber Group, TT sat on the board of esports company Fnatic and founded KeeperDAO, a decentralized finance protocol t...

Coinhouse CEO Nicolas Louvet. Image source: Coinhouse Cryptonews.com spoke to Nicolas Louvet, the CEO of Coinhouse, one of Europe’s leading digital asset platforms with 350,000 clients. The firm is one of the few in the industry that combines advice with brokerage services.  The Paris-based company began life in 2015 as ‘La Maison du Bitcoin’ – a physical gathering place for people who were active or interested in the blockchain and crypto asset space, where they could discuss developments and trends. Since then Coinhouse has grown to become one of the most respected crypto companies in  France, where it was the first to be regulated by the Autorité des Marchés Financiers.  Today Coinhouse provides asset and portfolio management services as well as custody, savings accounts products and buying and selling services for 50-plus crypto assets.  Indeed, its tagline proclaims Coinhouse is ‘Better Than A Crypt...

Disclaimer: The text below is an advertorial article that is not part of  Cryptonews.com  editorial content. If you follow the crypto industry, you probably heard about Solana’s (SOL) epic rise in 2021. Investors that got in at launch in 2020 could’ve cashed out nearly 44,000% gains at SOL’s peak in November 2021. Of course, we all dream of profits like this, and now there’s a new token that could see the same meteoric ascent .  That token is Metacade (MCADE), and in this article, we’re going to discover what could lead Metacade to become as successful as Solana. What is the Solana (SOL) Platform? Solana is a blockchain platform that uses smart contracts to provide a framework for others to build applications. It’s often compared to Ethereum as one of its main rivals, as their functions are pretty similar. Where Solana differentiates itself, however, is in its transaction speeds and fees. When Solana was first annou...

Source: AdobeStock / Ralf Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news . __________ Investment news Nuri , a Germany-based neobank that offers crypto investment tools, has shut down. Per a statement by CEO Kristina Walcker-Mayer, “we have not been able to find investors to continue our mission and have asked our customers to withdraw their funds by 18/12/2022 the latest, so the business can be terminated and liquidated.” Trading will be available until November 11. Blockchain research and development studio ChainSafe has raised $18.8 million in an oversubscribed Series A funding round, led by Round13 with participation from new investors NGC Ventures , HashKey Capital , Sfermion , Jsquare , and returning investors Digital Finance Group and Fenbushi Capital . It will use this investment to enhance its support for the adoption and sustain...

Source: AdobeStock / Ievgen Tytarenko   Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news . __________ Security news Solana (SOL)-based decentralized finance (DeFi) trading platform Mango Markets was drained of $100 million in funds due to an exploit, per blockchain auditing website OtterSec and a tweet by Mango Markets itself. “As of now any Mango users with deposits on the protocol are not able to withdraw assets; This incident has effectively resulted in a total draining of all equity available,” said the platform. OtterSec added that it seems the attacker was able to manipulate Mango collateral. The BNB Chain has executed a hard fork called Moran to issue a security patch that resolved a critical vulnerability after last week’s bridge exploit. Per a GitHub post, “this release is a temporary urgent patch to mitigate the c...

You may have come across terms thrown about in the crypto space, such as “head and shoulders,” “rising wedges,'' and “cup and handle.” These are used by traders when analyzing crypto chart patterns. In this guide, we will explain how to read bitcoin charts and highlight popular crypto chart patterns you should know. What is Chart Analysis?  To determine whether to take a long or short position when trading bitcoin, you can use charts that provide you with timely insights. Technical analysis can help traders to assess price trends and crypto chart patterns to spot trading opportunities.  Technical analysis involves the analysis of past trading activity and price fluctuations of an asset, which can help to predict future price movements to some degree. Technical analysis uses patterns in price information to identify trends and make predictions.  Bitcoin chart Analysis is important in the sense that traders can interpret ch...