Category: Guides

[ad_1] Binance CEO Changpeng Zhao said the company hasn’t experienced any serious side effects from the FTX fallout. During an AMA on Twitter Spaces, CZ addressed burning questions from users and community leaders, noting that it’s been business as usual at the exchange. When asked about the proposed recovery fund aimed at mitigating the effects…

[ad_1] Binance CEO Changpeng Zhao, or CZ, recently announced that Binance will start proof-of-reserves to support “full transparency.”  CZ also suggested that all cryptocurrency exchanges do merkle-tree proof-of-reserves. According to the CEO, fractional reserves are suited to traditional banks and not crypto companies. All crypto exchanges should do merkle-tree proof-of-reserves. Banks run on fractional reserves.…

[ad_1] Web3 Foundation’s chief legal officer Daniel Schoenberger argued that Polkadot’s native token DOT has “morphed” and is software, not a security. Therefore, the token should not be subject to federal securities regulations in a Nov. 4 blog post. He claims that Polkadot’s vision has not contemplated that DOT would be a security and has…

[ad_1] Multinational investment bank Standard Chartered  announced a financial commitment to JP Morgan-backed blockchain protocol, Partior.  With the investment, Partior will gain support from the financial institution to enhance its international outreach. This development will allow Partior to broaden its currency offerings beyond the first slate of eight global currencies – USD, SGD, GBP, EUR,…

[ad_1] CryptoQuant co-founder Ki Young Ju said the Chinese government is a crypto whale, despite its negative posture toward the industry. FUN FACT: Government of China🇨🇳 is a crypto whale. Chinese authorities seized 194k BTC, 833k ETH, and others from the PlusToken scam in 2019. They forfeited these $6 billion-worth assets to the national treasury.…

[ad_1] Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. 📣 Major announcement: @Meta is now using Arweave to permanently store digital collectables from @Instagram. Instagram users are now able to issue digital collectables for their posts, stored on Arweave. Some thoughts…

[ad_1] The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via automated market makers (AMMs), according to a Nov. 2 blog post. Named Project Mariana, its participants include the Bank of France, the Swiss…

[ad_1] During Bitcoin Amsterdam, CryptoSlate caught up with Coinmetro exchange‘s CEO Kevin Murcko to discuss various topics, including the macro outlook, dollar strength, and incoming regulation. However, of particular interest was Murcko’s industry insights on the unusual employment dynamics between TradFi and crypto that few could have predicted years before. TradFi already big on crypto…

[ad_1] The “Elon Musk Effect” is back in full swing, as a Shiba Inu picture posted by Musk sparked an immediate 12% jump in the price of Dogecoin. pic.twitter.com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 The previous week saw bullish price action for Dogecoin as news of completing the Twitter deal began filtering through.…

[ad_1] An SEC filing has revealed that Jack Dorsey still owns 2.4% of Twitter following Elon Musk’s acquisition. Dorsey, the former CEO of Twitter, left the company in November 2021, just 19 days after Bitcoin hit its all-time high of $69,061. Dorsey is the current CEO of Block, the parent company of Square, CashApp, Spiral,…