Cryptocurrency Analysis and News Portal
Binance founder and CEO Changpeng Zhao highlighted the importance of education among users of blockchain technology during his keynote speech at Blockchain Week in Busan, South Korea on Thursday.“[Blockchain] technology has a very far-reaching impact,” said Zhao, adding that it will change how business models are shaped. “And because of
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Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp. (FDIC), at a Brookings Institution event on Thursday. Source
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Genesis’ cryptocurrency lending business revealed it had a large exposure to failed hedge fund Three Arrows Capital back in July of this year. Digital Currency Group, parent of both Genesis and CoinDesk, has assumed the entirety of a $1.2 billion claim, leaving Genesis with no outstanding liabilities tied to
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Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority. Original Source
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Crypto lender Celsius's co-founder and CSO S. Daniel Leon resigned Tuesday, becoming the second company executive to depart in recent weeks. Source
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Ballensweig said in a tweet that he will remain an advisor to Genesis “for the foreseeable future.” He said he had already shifted his day-to-day responsibilities to colleagues to close out his five-year tenure at the Digital Currency Group-owned firm (CryptoX is a sister company). Source
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services,
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Prominent NFT and metaverse investors Animoca Brands has appointed Jared Shaw as its new chief finance officer (CFO), according to a press release. Original Source
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Cassano previously was editor-in-chief of Cointelegraph and, before that, worked as a journalist at Fast Company and Newsweek. Wachsman, whose clients have included Avalanche, Cardano and Kraken, employs 175 people on three continents, according to the statement. Original Source
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"To the extent that crypto assets raise unique issues not otherwise addressed in the current rulebook, the commission should consider proposing rules," said Uyeda, a recent addition to the commission. Uyeda, who once worked on a detail to the Senate Banking Committee’s Republican staff, hasn’t previously been heard on cryptocurrency
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