[ad_1] Crypto exchange Binance sought to hire Gary Gensler as an advisor before he became chairman of the United States Securities and Exchange Commission (SEC), according to a Wall Street Journal report based on messages and documents from 2018 and 2020, as well as interviews with former employees. Gensler was approached by the crypto firm while teaching at the Massachusetts Institute of Technology (MIT) in 2018 and 2019. During that tim,
[ad_1] The United States equities markets made a strong recovery this week but Bitcoin (BTC) failed to follow suit. This means that cryptocurrency investors stayed away and could be worried by the ongoing problems at Silvergate bank. These fears could be what is behind the total crypto market capitalization dropping to nearly $1 trillion.The behavior analytics platform Santiment said in a report on March 5 that there was a “huge
[ad_1] Co-founder of content studio Bankless David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms, including the decentralized finance protocol Lido Finance. "Carpet bombing" was a reference to an allegedly flood of well notices sent to crypto firms last week, Hoffman was told by a source. He shared the unverified information on March 3 during the Bankless Show podcast. “Many wells notices
[ad_1] In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand. Pro-Ukraine causes have collected around $200 million from crypto donations, showing how borderless and uncensorable money could be useful in time of emergency. But the Russian side has taken advantage of crypto too: a total of about $5 million was raised by pro-Kremlin groups and propaganda outlets in the course of the invasion,
[ad_1] With rising temperatures, melting ice caps and more frequent and intense extreme weather events, the effects of climate change are becoming more and more obvious. There is an urgent need to prevent climate change, and numerous technologies and methods are being investigated to do so. Blockchain technology is one of these possibilities, and it has the potential to be very effective in the fight against climate change.At its core,
[ad_1] Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst warns over fate of $20,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a tight range over the weekend.The pair had remained practically stationary since its abrupt fall on March 3 triggered by a margin call amid uncertainty
[ad_1] Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and from exchanges, Binance reminded users about how peer-to-peer (P2P) services come in handy when trading cryptocurrencies.Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the
[ad_1] Advertisment Both Cardano (ADA) and Orbeon Protocol (ORBN) have recently seen price spikes in their tokens, with the former attracting whales and having over 5000 smart contracts now deployed on the network, and the latter attracting over 5000 holders to date and smashing development milestones and targets. However, whilst Cardano (ADA) is currently on a negative price reversal, Orbeon Protocol (ORBN) goes from strength to strength and is currently
[ad_1] Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after awarding them first prize in a BNB Chain hackathon held in Seoul between Dec. 17 to 19, 2022.On March 1, Binance CEO Changpeng ‘CZ’ Zhao announced the launch of
[ad_1] The design choices, such as the level of privacy — i.e., anonymous or fully traceable transactions — implemented in the creation of a CBDC can have significant implications for monetary policy. Continuing the privacy design choice example, let’s understand its impact on monetary policy in the following two scenarios. Scenario 1: Anonymous and untraceable transactions It might be more challenging for central banks to develop certain monetary policy instruments
