Binance.US lists PEPE as crypto exchanges vie for memecoin market
US crypto exchanges like Binance.US and Coinbase are making big moves into memecoins.
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The Challenge of Taxing Proof-of-Stake
While being a relatively young correction to energy-intensive proof-of-work (PoW) network validation, proof-of-stake has existed in theory since 2012. However, rising market cap of PoS tokens like Cardano (ADA) and Tezos (XTZ) over the past two years and Ethereum’s much-hyped but much-delayed shift from PoW to PoS have brought the subject to the forefront.Alongside an…
IOSCO says DeFi is quickly evolving and ‘cloning financial markets’
IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.” 175 Total views 25 Total shares As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry.Today, the International Organization of Securities (IOSCO) published a report…
Fed still undecided about digital dollar, says Chair Jerome Powell
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. 466 Total views 6 Total shares The United States Federal Reserve is still evaluating the prospects of introducing a digital currency for the country but says it has not yet decided on the matter.Speaking at a news…
Bitfinex database breach 'seems fake,' says CTO
Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he "couldn't find any request."
These publicly traded firms are pulling institutions into crypto
Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors.From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto space has seen a sudden…
Binance will end support for BUSD stablecoin in December
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. 436 Total views 8 Total shares Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins.In a Nov. 29 notice, Binance
Chainalysis to Provide Bitfinex With ‘Privacy-Safe’ Tools to Combat Crime
New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution.In a press release published on Dec. 12, both firms took pains to stress that the solution will be privacy-safe, but help Bitfinex to crack down on bad actors using its platform.Enhanced monitoringChainalysis is one of the…
Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head
After co-leading the company since 2019, Trabucco says he will be an adviser, but not a daily presence in a winding Twitter thread announcing his decision. 244 Total views 22 Total shares Alameda Research co-CEO Sam Trabucco announced his resignation Wednesday on Twitter. Trabucco said co-CEO Caroline Ellison will become CEO, and he will remain…