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FTX lost bets

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If you’re wondering what ties the FTX and COP27 issue together, it’s energy whose operation sheds light on what’s going on. FTX placed its customers’ BTC holdings in PoS altcoins, i.e. issued without energy counterparties. Before explaining what this means, let’s look at how it works. […]

The post FTX’s losing bets appeared first on bitcoin.co.uk.

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