Ethereum ($ETH) Co-Founder Vitalik Buterin on FTX’s “Virtue Signalling”
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On Friday (11 November 2022), Ethereum Co-Founder Vitalik Buterin shared his thoughts on this week’s collapse of crypto exchange FTX. As you probably now, Samuel Bankman-Fried (aka “SBF”), the Co-Founder and CEO of troubled crypto exchange FTX, took to Twitter on Thursday (10 November 2022) to talk about how he had “f*ucked up” at FTX International: 1) I’m sorry. That’s the biggest thing. I fucked up, and should have done better. — SBF (@SBF_FTX) November 10, 2022 He went on to say: “FTX International currently has a total market value of assets/collateral higher than client deposits (moves with prices!). But that’s
Following the collapse of famed crypto exchange FTX, Ethereum co-founder Vitalik Buterin is planning a new set of protocols that would help exchanges show their customers what reserves they have in place. Vitalik Buterin Says Exchanges Need to Be Clear One of the big things that allegedly led to the…
Michael Saylor, one of the leading advocates of Bitcoin, has recently faced criticism from the Bitcoin community with his statements. Another criticism came from Ethereum co-founder Vitalik Buterin, who criticized Michael Saylor’s view on institutional Bitcoin custody. Vitalik Buterin criticized Saylor’s proposal that large financial institutions and “very difficult to…