Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch
CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.
CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.
The two showed up to talk about the big merger news in crypto on a Twitch podcast.
Twitter’s subscription model is a step toward decentralization, and it will better align incentives between content creators and consumers.
The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities.”
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform.
Binance’s decision to liquidate 23 million FTT tokens triggered FTX’s liquidity crisis.
Solana and FTX token saw a sharp rebound after headlines announced that Binance would acquire FTX due to liquidity issues, but will the upside last?
In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.”
Binance may even end up buying FTX outright as withdrawals resume on promises from the world’s largest crypto exchange.
FTX CEO Sam Bankman-Fried called the news a “user-centric development that benefits the entire industry.”
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation.
NFT membership models are being leveraged to solve challenges faced by the fitness industry.
The outcome of elections with pro- and anti-crypto political candidates could determine the future of digital asset legislation and regulation in the United States.
With the Internet, elliptic curve cryptography, even Merkle trees and PoW protocols all present, Bitcoin was “technically possible” in 1994.
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions.
Entrepreneur Brad Mills said that decentralized finance rebuilt everything wrong with Wall Street on a blockchain.
Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda.
Analytics tools can barely keep up as mass withdrawals appear to imply liquidity is evaporating.
Partially owned by the state, NTT Docomo aims to to accelerate the Web3 adoption in the Japan.
The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s VP of Europe.
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.”
DAOs may be where all the action takes place, but the genesis of new Web3 communities popping up on the scene starts at the NFT.
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple’s victory.
The list comes out as part of Australia’s 2022 Scams Awareness Week.
The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter.
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them.
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers.
Russia’s Central Bank has released a report on digital assets which looks at how the technology could be integrated into its traditional financial system.
The Financial Accounting Standards Board made a change in October to help public companies that hold cryptocurrencies on their balance sheets.