Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report

[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,

EOS, STX, IMX and MKR show bullish signs as Bitcoin searches for direction

[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

‘Sorry for spreading a rumor’, says podcaster on Lido’s FUD

[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

How both sides of the conflict have used crypto to win

[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,

Can blockchain help combat climate change?

[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,

Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest

[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

Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges

[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
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The Top Tokens To Invest In 2023? Analysts Recommend Cardano (ADA) Or Orbeon Protocol (ORBN)

[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

BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea

[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

Monetary policy of cryptocurrencies, explained

[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