Former CFTC Chair Chris Giancarlo joins Paxos board
Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.
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Messari researchers slam Binance Smart Chain over centralized validators
With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization. 1168 Total views 14 Total shares Despite Binance supporters celebrating Binance Coin’s (BNB) chart-topping performance for Q1 2021, concerns are growing regarding the centralization of the Binance ecosystem.On April 12, Messari researcher Ryan Watkins took aim at…
Ex-Ethereum Advisor Nerayoff Loses Techstars Deal After Extortion Charges
Startup accelerator Techstars has cancelled its year-old partnership with the firm owned by early Ethereum advisor Steven Nerayoff.Techstars ditches the joint acceleratorAccording to cryptocurrency news outlet The Block on Oct. 8, Nerayoff’s arrest on suspicion of extortion had forced Techstars to reconsider its association with Alchemist, a blockchain advisory startup.The two joined forces in July…
Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US. U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent…
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet.The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution.
Bitfinex advises Ontario-based users to close accounts before March 1
The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets. 736 Total views 28 Total shares In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform.…
Crypto trading volumes surge 19% in July, hitting $4.94 trillion
With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.
Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip
Bitcoin (BTC) stayed lower at the Feb. 9 Wall Street open as a sweep of local lows increased bets of a more serious comedown.BTC/USD 4-hour candle chart (Bitstamp). Source: TradingViewTrader: "Something feels off" about BTC strengthData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded around $22,700 on Bitstamp.The pair had dipped to…
Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%
Bitcoin (BTC) spoofed a breakout to fresh six-week highs into July 31 as a showdown for both the weekly and monthly close drew near.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Bart Simpson" greets traders into BTC monthly closeData from Cointelegraph Markets Pro and TradingView showed BTC/USD canceling out all its gains from early in the weekend, dropping…