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‘Big Short’ Michael Burry says Bitcoin worse than tulip bubble

Key Takeaways Michael Burry compared Bitcoin to the historical tulip bubble, calling it overvalued and hype-driven. Burry warned that Bitcoin poses greater risks than opportunities and enables criminal activity. Share this article Investor Michael Burry, best known for predicting the 2008 financial crisis, criticized Bitcoin on a podcast, comparing it to the historical tulip bubble … Read more

Flying Tulip leads with $200m, xMoney follows with $21.5m

Crypto projects raised $351 million across 13 deals from September 28 to October 4, led by Flying Tulip’s $200 million seed round, as DeFi and finance-focused ventures dominated the week’s funding activity. Summary Flying Tulip raised $200m seed at $1b valuation, leading weekly crypto funding. DeFi and finance startups dominate $351m crypto funding across 13 … Read more

FT Crypto? Andre Cronje Launches Flying Tulip

Andre Cronje’s latest project, Flying Tulip, has raised $200M in a private round and is opening a public sale of its FT crypto token at the same $1Bn valuation.  The exchange startup, based in New York, announced the move on September 29, stating that it is building a full-on-chain trading platform.  The plan combines a … Read more

Andre Cronje-backed Flying Tulip raises $200M at $1B valuation

Key Takeaways Flying Tulip, backed by Andre Cronje, raised $200M at a $1B valuation. The project will launch ftUSD on Sonic Labs while scaling its DeFi infrastructure and ecosystem. Share this article Flying Tulip, a DeFi technology company backed by Andre Cronje, raised $200 million at a $1 billion valuation. The project is launching on … Read more

Trump the tulip king? Schiff likens crypto to 1630 ‘madness’

Gold evangelist Peter Schiff is seeing red over Bitcoin — and he’s blaming President Donald Trump for wrapping a “decentralized Ponzi scheme” in the American flag. Schiff argued that Trump’s crypto advocacy is accelerating the dollar’s collapse while creating false legitimacy around digital assets. “By promoting domestic investment in Bitcoin and crypto, Trump is helping … Read more

Arrest warrant issued for Tulip Siddiq in Bangladesh

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Bangladeshi arrest warrant has been issued for former UK City minister Tulip Siddiq over allegations that she abused political power to unlawfully acquire land in an upscale township near Dhaka. A court issued the … Read more

Dhaka police raided family home after UK journalists questioned Tulip Siddiq, says jailed man

A man jailed for eight years by former Bangladeshi ruler Sheikh Hasina’s regime has said Dhaka police raided his family home after British journalists asked her niece, UK City minister Tulip Siddiq, about his plight. Mir Ahmad bin Quasem told the Financial Times that security personnel told his wife to “remain low” and put a … Read more

Tulip Siddiq under rising pressure to resign over property scandal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK City minister Tulip Siddiq is under mounting pressure to resign after becoming embroiled in a scandal tied to the ousted Bangladesh government. The minister, who has responsibility for fighting corruption, has lived in … Read more

Tulip Siddiq was given London flat by developer with links to ousted Bangladeshi government

The UK’s City minister Tulip Siddiq was given a central London apartment by a person connected with the party of the recently ousted Bangladeshi government. Siddiq, economic secretary to the Treasury, was handed a two-bedroom flat near King’s Cross in 2004 without making a payment, according to previously unreported Land Registry filings. The filings indicate … Read more

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