Binance founder CZ walks free from US prison
He served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules.
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Russian Economic Minister Says BTC Is ‘Soap Bubble’ But Lauds Crypto’s Influence on Tech
The Minister of Economic Development of Russia referred to Bitcoin (BTC) as a “soap bubble” that has has led to investors’ losses, Russian informational agency RBK reported Nov. 28.Minister Maksim Oreshkin, speaking in an interview with RBK, noted how the the cost of Bitcoin (BTC) has decreased dramatically, referencing the coin’s rise to $20,000 in…
Russian Crypto Bill Draft Pushed Back to First Reading for Significant Edits
Russia’s cryptocurrency legislation, the draft bill “On Digital Financial Assets,” has been sent back to the first reading stage for significant changes, Russian daily newspaper Kommersant reported Nov. 30.According to Kommersant, the head of the council and chairman of the State Duma committee on state building Pavel Krasheninnikov said that the document has no relation…
Binance partners with Indonesian telco to develop new crypto exchange
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country. 434 Total views 10 Total shares Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform.According to a joint announcement on Wednesday, the agreement will also seek…
Samsung to develop AI chips with Canadian startup Tenstorrent
The race to develop AI chips continues as Samsung’s chip manufacturing department partnered with Canadian startup Tenstorrent to produce chips and intellectual property for data centers. 428 Total views 3 Total shares The Canadian startup Tenstorrent, which builds artificial intelligence (AI) processors, among other things, revealed a new partnership with Samsung’s chip manufacturing department.On Oct.
Who watches the watchmen? Crypto may not be as trustless as it seems
Blockchain technology is great because it cuts out the middleman, removes the need to trust third parties, and gives users full agency over their finances, or true ownership of their wealth. From Bitcoin (BTC) to decentralized finance, blockchain technology has been delivering on this promise for quite some time now — but just how trustless…
Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 26
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The digital currencies were relatively stable from early September of mid-November,…
Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000.According to bZx’s report, the protocol was compromised for the first time on Feb. 14, when the team was at the ETHDenver industry event. The second attack, according to industry…