FTX has distributed approximately $7.1 billion across three payout rounds to creditors of the collapsed crypto exchange, marking significant progress in one of history’s largest cryptocurrency bankruptcies. The bankrupt estate expects to conduct its next distribution in January 2026, pending confirmation in December, while convicted founder Sam Bankman-Fried continues to challenge the official narrative from federal prison, creating ongoing controversy around the proceedings.
about FTX Distributes $7.1B to Creditors, Next Payout Set for 2026Adam Cochran
0 posts last weekSBF Claims FTX Was Solvent, Faces Backlash Over Comments
Convicted FTX founder Sam Bankman-Fried has ignited fresh controversy by asserting the cryptocurrency exchange was never insolvent and blaming bankruptcy managers for destroying billions in value. His social media comments endorsing allegations of deliberate mismanagement by court-appointed CEO John J. Ray III triggered immediate backlash from investigators and venture capitalists who accused him of attempting to rewrite history. The online firestorm comes as Bankman-Fried’s legal team faces skepticism from appellate judges during hearings to overturn his fraud conviction.
about SBF Claims FTX Was Solvent, Faces Backlash Over CommentsCoinbase CEO: 40% of Code Now AI-Generated
Coinbase CEO Brian Armstrong disclosed that 40% of the cryptocurrency exchange’s code is currently generated by AI tools, with expectations to exceed 50% by October 2025. While emphasizing that human review remains critical and AI isn’t used uniformly across all business areas, Armstrong revealed that engineers who resisted adopting AI tools were dismissed. The announcement drew mixed reactions, with security experts like Dango’s Larry Lyu calling it ‘a giant red flag’ and Cinneamhain Ventures’ Adam Cochran expressing concern about AI handling financial infrastructure. Defenders including Tensor’s Richard Wu argued that AI coding processes are maturing rapidly and that proper safeguards can mitigate risks, comparing AI errors to those made by junior developers.
about Coinbase CEO: 40% of Code Now AI-GeneratedCircle Launches Arc: A New Enterprise L1 Blockchain
Circle, the company behind USDC, announced the launch of Arc, an enterprise-grade Layer 1 blockchain targeting regulated financial systems. Arc will support USDC as its default gas token, feature sub-second settlement, and include a built-in FX engine. The network aims for high throughput (3,000–10,000 TPS) and offers optional privacy features. It will also facilitate tokenized real-world assets (RWAs) like bonds and equities, backed by compliant partnerships. Despite its ambitions, critics argue Arc resembles a consortium chain rather than a decentralized L1, raising concerns over validator control and economic incentives. Community pushback highlights tensions between enterprise adoption and crypto’s decentralized ethos.
about Circle Launches Arc: A New Enterprise L1 BlockchainWhy 40% Crypto Allocation is the New 60/40 Portfolio
Ric Edelman, founder of Edelman Financial Engines, has declared the traditional 60/40 stock-bond allocation obsolete, advocating for crypto to comprise up to 40% of aggressive portfolios. He argues that omitting crypto—an asset class outperforming others for 15 years—is now the speculative move. Institutional adoption, with over $20B in Bitcoin ETFs and pending SEC approvals, supports his view. Edelman cites supply-demand dynamics, regulatory shifts, and stablecoin growth as catalysts, even suggesting Bitcoin could hit $500K. His endorsement marks a significant TradFi validation of crypto, though critics question the broad ‘crypto’ recommendation over Bitcoin alone.
about Why 40% Crypto Allocation is the New 60/40 PortfolioCoinbase Faces Backlash Over US Army Sponsorship
Coinbase sparked controversy by sponsoring the US Army’s 250th-anniversary event, which coincided with former President Donald Trump’s birthday. Adam Cochran, a partner at Cinneamhain Ventures, publicly condemned the move, announcing his decision to exit all Coinbase-related positions—stocks, bonds, and crypto assets. Cochran accused Coinbase of abandoning its stated neutrality, despite previously avoiding political advocacy. The backlash highlights tensions between corporate sponsorships and crypto community expectations.
about Coinbase Faces Backlash Over US Army SponsorshipJohn McAfee’s Twitter Promotes Controversial AIntivirus AI Token Posthumously
John McAfee’s X account has resurfaced to promote “AIntivirus,” an AI-driven token on the Solana blockchain, claiming a posthumous return to the crypto space. While his widow supports the project as a tribute to his legacy, skepticism abounds regarding its authenticity, with some analysts labeling it a potential scam. Amidst conspiracy theories and doubts about account security, the crypto community remains divided on the legitimacy of this new venture.
about John McAfee's Twitter Promotes Controversial AIntivirus AI Token Posthumously