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Sasha Markevich

Sasha Markevich's Observations 320 Articles
Bankruptcy   -   Feb 02, 2024 Bankruptcy Update: Celsius Distributes Funds, FTX Reboot Called Off, Mt. Gox Wheels Turning
Bankruptcy Update: Celsius Distributes Funds, FTX Reboot Called Off, Mt. Gox Wheels Turning

Celsius has successfully exited bankruptcy and begun repayments. FTX has given up on plans to restart the exchange, but “cautiously predicted” full repayment for users. Mt.Gox creditors report first bank transactions.

Sasha Markevich
Adoption   -   Feb 01, 2024 El Salvador Update: Bitcoin Use Down, Bukele Stands for Re-election
El Salvador Update: Bitcoin Use Down, Bukele Stands for Re-election

Recent surveys show that Salvadorans do not often use Bitcoin in their everyday lives, with only 12% making a BTC payment in the last year, down from 24.4%.

Sasha Markevich
Coins and tokens   -   Feb 01, 2024 $6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depeg
$6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depeg MIM

The network was exploited via a rounding bug. The stablecoin fell to all-time low but is already on the way to recovering its peg to the U.S. dollar.

Sasha Markevich
Politics   -   Jan 30, 2024 U.S. Politics Attitude Towards Crypto: 'Stand with Crypto' Analysis
U.S. Politics Attitude Towards Crypto: 'Stand with Crypto' Analysis

The advocacy group for the crypto community claims that 18 Senators support crypto while 30 are against the industry. Members of the House of Representatives are mainly supportive, as are presidential candidates.

Sasha Markevich
Exchanges   -   Jan 28, 2024 Repayments Incoming? Movement on Mt. Gox, Celsius. Nothing from FTX
Repayments Incoming? Movement on Mt. Gox, Celsius. Nothing from FTX

Mt.Gox creditors have received e-mails confirming upcoming payments, Celsius has moved funds, but ex-FTX customers have objected to the repayment plan.

Sasha Markevich
Telecom   -   Jan 27, 2024 Telefónica Extends Coverage with Decentralized Mobile Infrastructure
Telefónica Extends Coverage with Decentralized Mobile Infrastructure

The Spanish telecommunications giant has partnered with Helium Network to improve overall mobile coverage service in Mexico by leveraging its hotspots.

Sasha Markevich
Blockchain   -   Jan 25, 2024 Avalanche Culture Catalyst Scheme Invests in Meme-Coin Collection
Avalanche Culture Catalyst Scheme Invests in Meme-Coin Collection

The blockchain foundation has decided to create a collection to highlight meme-coins' cultural value and published a set of rules for other Community Coins interested in receiving official support.

Sasha Markevich
Litigation   -   Jan 24, 2024 3AC Co-founder Su Zhu Apparently Enjoyed His Stay in Prison
3AC Co-founder Su Zhu Apparently Enjoyed His Stay in Prison

The notorious hedge fund co-founder said that nearly three-month-long imprisonment in Singapore was an “enjoyable experience.”

Sasha Markevich
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