▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Smart Contracts are an important part of blockchain technology. In this video, we will explain what do we mean by contracts and … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Month: January 2023
Stellar joins CFTC’s Global Markets Advisory Committee as one of four crypto orgs
The Stellar Development Foundation (SDF) has become the newest member of the United States Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee (GMAC), the blockchain announced on its blog. The committee is preparing to meet on Feb. 13 for the first time in over a year. SDF supports the Stellar blockchain, which is used for crypto-fiat transfers. The foundation will be represented on the committee by chief operating officer Jason Chlipala. He wrote in the company blog that “we hope to bring the unique perspective of Layer 1 protocols”…
Stellar Foundation Nicked by Genesis Bankruptcy With $13M Claim
According to its website, the “Stellar Development Foundation currently holds 30 billion XLM to be used for promoting and enhancing Stellar.” At current prices, Stellar’s holdings of its native XLM token place the paper value of its treasury above $200 million. Source
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors – Bitcoin News
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised $5 million from investors such as Circle Ventures, Coinbase Ventures, and SALT Fund. Brett Harrison’s Architect Aims to Connect Institutional Investors Across Decentralized and Centralized Exchanges Brett Harrison, the former president of FTX who left the company in Sept. 2022,…
DeFi should complement TradFi, not attack it: Finance Redefined
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. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the development of a decentralized exchange (DEX) aggregator, a decentralized incubator and “several stealth projects.” All these projects combined can grow its market share 10x, said the CEO. The co-founder and CEO of Ava Labs spoke…
Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance
On-chain data sourced from CryptoQuant shows that the 5,592 BTC worth some $124 million that was transferred out of the miner’s address in the past three days ended up in Binance. Original
Bitcoin Soars Over $22K to Reach Four-Month High
The largest cryptocurrency by market capitalization was recently trading as high as $22,387, up 5.4% over the previous 24 hours, shrugging off the announcement late Thursday that Genesis Global Holdco LLC, the parent company of troubled cryptocurrency lender Genesis Global Capital, had filed for Chapter 11 bankruptcy protection late Thursday (Genesis and CoinDesk are owned by Digital Currency Group). Original Source 22KBitcoinFourMonthHighReachSoars CryptoX Portal
XRP Transactions Skyrocket In Australian Top Exchanges
Ripple has reached a new milestone in Australia with its native token, XRP, recording the highest trading volumes on exchanges. With this, Ripple now dominates Australian crypto exchanges as the XRP community anticipates a final court ruling in the lawsuit with the U.S. SEC (Securities And Exchange Commission). The news came from Financial Review, an Australian media outlet shared on Twitter by Neil Smith, Ripple’s partner engineer, and Aussie firm, Blockchain Australia. Ripple now dominates Australian crypto exchange volumes #XRP https://t.co/yaeFIqsNIn — Neil Smith (@nsmithau) January 18, 2023 Reason For…
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NO HAGAS ESTO EN 2023 | Noticias Criptomonedas HOY | Bitcoin | Ethereum | Solana | Microstrategy Sigue a nuestro … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Genesis’ bankruptcy filing was decided by independent committee, according to DCG
In a Jan. 20 statement, Genesis Capital’s parent company, Digital Currency Group (DCG), denied involvement in Genesis’ bankruptcy filing. According to DCG, a special committee of independent directors recommended and decided to file for Chapter 11 bankruptcy protection. Filing for Chapter 11 will allow Genesis to seek the reorganization of debts, assets and other business activities. The company estimated liabilities of $1 billion to $10 billion, along with assets in the same range. DCG noted in the statement: “Genesis has its own independent management team, legal counsel, and financial advisors, and appointed…