Wednesday, March 19, 2025

Binance DEX Should Be Criticized for Centralization, Not ETH

Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes.In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over decentralization in the crypto industry, particularly Binance DEX as well as Ethereum itself.Criticizing Ethereum for being centralized is bad,

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SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding

United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan.Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines digital finance and applied science.Investors are former execs from British Petroleum, JPMorgan and S&P Global

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Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar

Cyprus’ Securities and Exchange Commission (CySEC) recently issued a warning against almost 200 unregistered investment platforms, three of which look strikingly similar and falsely advertise ties to licensed and regulated firm BDSwiss.The CySEC posted an update to its list of unapproved website addresses on Dec. 10, which now contains

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Thomson Reuters Partners With Verady On Tool To Tackle Crypto Taxes

Thomson Reuters, the multinational media conglomerate, announced on Dec. 19 a partnership with Verady, a firm that specializes in the accounting and reporting of cryptocurrencies and blockchain assets. The two companies will collaborate on bringing a new cryptocurrency tax tool to market.Thomson Reuters GoSystem Tax RS product will soon

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Ethereum Network Draws Developer Ire After Scheduling New Year’s Day Upgrade

The organization behind ether, the world's second-largest cryptocurrency, is drawing criticism from developers after scheduling an upgrade on New Year's Day - a work holiday in most countries. The Ethereum Foundation on Monday announced the plan to implement the "Muir Glacier" upgrade on Jan. 1. The upgrade will take place

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Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official

The head of the People's Bank of China's (PBOC) digital currency research subsidiary, Changchun Mu, said China's cryptocurrency will not need a currency basket to maintain a stable value.Speaking to reporters at The China Finance Association Academic Annual Meeting and China Finance Forum Annual Meeting in Beijing Saturday, Mu said

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