Binance transition: Examining the internal overhaul since CZ’s arrest
Following the indictment of its CEO, Changpeng Zhao, Binance now says compliance is at the top of its agenda.
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France’s Interrogation of Alleged BTC-e Owner Alexander Vinnik Was ‘Fake’, Says Attorney
Alleged former owner of crypto exchange BTC-e Alexander Vinnik was indicted and subjected to a "fake" interrogation by French prosecutors on Tuesday, August 28, his attorney Timofey Musatov told Russian news outlet Izvestiya Thursday, August 30.Musatov claims that his client Vinnik was brought to a court in Greece where he is currently awaiting extradition and…
Bank of England talks negative interest rates in best ‘ad’ for Bitcoin
Bitcoin (BTC) is getting its best “advertisement” once more as another major central bank floats the idea of charging people to save their money.As Bloomberg reported quoting minutes of a meeting held Thursday, the Bank of England (BoE) has become the latest central bank to discuss negative interest rates.Negative rates “would drive BTC adoption”According to…
Inflation-Busting Cryptocurrency Zimbocash Receives Listing on Bithumb
Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency. 1564 Total views 30 Total shares A project developing a national decentralized currency network in Zimbabwe has received a big boost with the listing of its Zimbocash (ZASH) token on the Bithumb Global exchange. According to…
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has risen to multimonth highs. BUSD market cap drops by $2 billionThe SEC claims that BUSD, a U.S. dollar-backed stablecoin, is a security, noting that Paxos has…
From South Korea to IBM Food Trust – How Blockchain Is Used in the Food Industry
2018 has witnessed a steady increase in the number of food manufacturers and retailers using blockchains to enhance their operations. From tracking the quality of food to facilitating international trades in grain, blockchain technology has been turning up repeatedly in recent months; and while many deployments of such tech have been conducted on a trial…
Decentraland launches virtual property renting for LAND owners
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace. Own this piece of crypto history Collect this article as NFTThe metaverse platform Decentranland announced a new platform feature which allows its users who own virtual LAND to essentially become landlords.…
At Least 95 Percent of Crypto Crimes Involve Bitcoin, Chainalysis Executive Says
At least 95% of cryptocurrency crimes investigated by law enforcement involve bitcoin (BTC,) the co-founder and COO of Chainalysis told Fortune on April 24.Jonathan Levin, whose company offers investigation software for law enforcement to pursue bad actors, said BTC is “by far the favorite” for hackers and criminals.He revealed that law enforcement needs to take more sophisticated…
Crypto headcount surges over 100% since 2019 despite implosions
Despite several high-profile cryptocurrency implosions, the number of people working in the industry has soared over the past four years.According to findings by the crypto research startup K33, the number of crypto-related employees has surged nearly 160% since 2019.In a report titled “The Emerging Crypto Industry,” K33 estimated that the total headcount of people working…