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Bitcoin Review is your trusted guide in the bitcoin & blockchain world as it publishes only the most insightful news hand-picked by the most trusted experts in the #bitcoin world. Get the latest bitcoin news, and discover everything there is to know about bitcoin mining investments and more.

Top news of the week: 09.11.2022.

Bank
Money
The Network
Token coin
Demographics of Lebanon
Economics

@kyletorpey shared
On Nov 5, 2022
“Bitcoin has really given us hope.” https://t.co/HkfLoW0F5m
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In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents

As Lebanon's economy spirals into hyperinflation, locals explain how cryptocurrency has replaced a financial system that no longer makes sense.

@MarcHochstein shared
On Nov 8, 2022
RT @CoinDesk: Investors are quickly pulling their #bitcoin off of @FTX_Official, with @coinglass_com data showing the exchange's balance as plunging 20K coins to essentially zero over the past 24 hours. @SteveAlpher reports https://t.co/cNKcXLui1K
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FTX's Bitcoin Balance Plunges to Just One

FTX's Bitcoin Balance Plunges to Just One

Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass.

@BitcoinMagazine shared
On Nov 3, 2022
RT @DavidZell_: Today, @USTreasury requested public comment on the national security implications of digital assets. In response, @matthew_pines and I submitted this report, detailing how #bitcoin promotes American interests and values abroad. https://t.co/AOyWDH3p4v
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Bitcoin As a Strategic Asset for National Security

Bitcoin As a Strategic Asset for National Security

Bitcoin promotes American interests and values abroad.

@Cointelegraph shared
On Nov 9, 2022
Join us on YouTube for our next AMA session featuring a platform seeking to forge a new way forward in DeFi. https://t.co/ZAvqOLjjkL
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Bitcoin as the foundation of DeFi | AMA with DeFiChain

Bitcoin as the foundation of DeFi | AMA with DeFiChain

The next edition of Cointelegraph’s AMA series is set for November 9th with a project that is using Bitcoin technology to innovate in DeFi

@Trezor shared
On Nov 4, 2022
Maximal #Bitcoin through minimal effort. Upgrade your Trezor to Bitcoin-only firmware, it's safe and easy: https://t.co/ucoH4Buwa2
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Bitcoin-only firmware on Trezor

Bitcoin-only firmware on Trezor

Bitcoin firmware, or Bitcoin-only firmware, is a special version of the Trezor firmware which only facilitates Bitcoin operations. Bitcoin-only firmware has been specifically designed to ...

@CoinDesk shared
On Nov 8, 2022
@FTX_Official's exchange token, $FTT, went into freefall Tuesday. It came even after the company got a lifeline from larger rival @Binance as fears mounted over the crypto trading firm Alameda Research's financial woes. https://t.co/QwJS7Vhovc https://t.co/xVJ7YyUvjZ
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FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTT token's crash theoretically could wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin fell to a 23-month low.

@Cointelegraph shared
On Nov 6, 2022
Watch how cybersecurity engineer and cryptographer Michel Khazzaka came up with Bitcoin vs. banking industry stats. https://t.co/sFfbiukioy
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Why banking uses at least 56 times more energy than Bitcoin

Why banking uses at least 56 times more energy than Bitcoin

Bitcoin provides an extraordinary amount of security for an extraordinarily important service, but it also consumes a heck of a lot of energy.

@Cointelegraph shared
On Nov 5, 2022
BItcoin should become the foundation for DeFi. More single-sided liquidity pools would be a step in the right direction. https://t.co/6tDXVFOWDO
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Bitcoin could become the foundation of DeFi with more single-sided liquidity pools

Bitcoin could become the foundation of DeFi with more single-sided liquidity pools

More options for single-sided Bitcoin staking could lead to a consolidation of decentralized exchange aggregators — meaning improved liquidity for users.