Binance’s CZ suggests CEXs immediately list like DEXs, prompting concerns
CZ critiqued CEX listing processes, arguing that the current way of doing things leads to price manipulation. As token launches surge, liquidity is becoming increasingly strained.
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Tron opens ‘manual’ withdrawal option for TRX holders on OKEx
The Tron Foundation has taken the decision to provide an "internal transfer" option for TRX holders affected by the OKEx withdrawals freeze. 1993 Total views 18 Total shares The Tron Foundation has published an update on a decision it took yesterday to enable Tron (TRX) holders to withdraw their tokens from the OKEx cryptocurrency exchange.…
Tether CTO stays silent on Bitcoin mining locations
Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that. 158 Total views 2 Total shares Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself addressing rumors about images of large industrial containers online. These…
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New class action against Robinhood alleges oligopoly manipulation
The unfolding short-squeeze on GameStop stock to the detriment of major hedge funds "could not be allowed to continue." 2514 Total views 13 Total shares Robinhood, the stock trading app formerly popular with millennials, is facing another class-action suit, following its recent temporary suspension of purchases of GameStop and other “meme-stocks” through its platform.The lawsuit,…
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CZ and Vitalik agree blockchain based voting is a must
Binance’s CEO and Ethereum co-founder Vitalik Buterin believe blockchain-based voting apps would significantly improve current voting systems. 452 Total views 2 Total shares Binance’s chief executive CZ and Ethereum’s co-founder Vitalik Buterin are in furious agreement that a new blockchain-based voting system is required to improve democratic processes in the United States. But one won't…
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Cardano Foundation CEO says blockchain could prevent GME-type showdowns
Frederik Gregaard, CEO of the Cardano Foundation, believes that a blockchain infrastructure for capital markets would make controversial top-down interventions unnecessary. 1257 Total views 13 Total shares The recent GameStop saga — a financial spectacle that was a good deal more contradictory than a straight-up "David vs. Goliath" tale of Redditor retail investors vs. predatory hedge…
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Hyundai Commercial Partners With IBM to Accelerate Blockchain Development
Hyundai Commercial — a financial services subsidiary of leading South Korean automobile manufacturer Hyundai — has announced a partnership with American tech giant IBM to modernize its business model using blockchain. The news was announced on Feb. 13 at IBM’s annual tech and business conference “IBM Think 2019” in San Francisco, California.Hyundai Commercial is reportedly…
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Fantom starts paying developers to generate gas fees
Developers will get a 15% cut of the fees they generate, but only if their app has done more than 125,000 transactions and has existed for three months. 167 Total views 19 Total shares A new program from the Fantom Opera network team will pay developers for the gas fees they generate from users, according…
‘Massive’ crypto use cases to surface by 2030 — Coinbase exec
Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains. On Sept. 21, for instance, the chain notched some 677,000 transactions, with 870,163 “new addresses seen,” according to Etherscan. By comparison, Arbitrum, a prominent layer 2 that launched in June 2021, had 925,000 transactions and 54,233