Binance CEO CZ: Regulators need deep understanding crypto for proper rules
Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity.This post was originally published on this site
Regulation still key for the evolution of CeFi: Paris Blockchain Week
Regulatory considerations are front and center as a panel of cryptocurrency industry insiders unpacks the current state of CeFi and DeFi in Paris. This post was originally published on this site
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs. This post was originally published on this site
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman. This post was originally published on this site
Is Bitcoin the only crypto that will survive FTX? Interview with Bitcoin maximalist
Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is.This post was originally published on this site
US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker […]
GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions.This post was originally published on this site
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, Nomura […]
Amid crypto winter, Nexo commits additional $50M to buyback program
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. This post was originally published on this site
Maven 11 launches $40M lending pool on Maple as borrowers turn to DeFi
With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. This post was originally published on this site