Earlier this month, Global Product Lead Mayur Kamat left the company after almost a year and a half. Binance also lost Chief Strategy Officer Patrick Hillmann, Senior Director of Investigations Matthew Price and senior vice president for compliance Steven Christie, among others, this year. Source
Data shows the Ethereum leverage ratio has been going up recently, something that may lead to higher volatility for the asset’s price. Ethereum Estimated Leverage Ratio Has Risen To 23% Now As explained by an analyst in a CryptoQuant Quicktake post, the Ethereum leverage ratio is pointing at increased risk in the market. The “estimated leverage ratio” (ELR) refers to the ratio between the Ethereum open interest and derivative exchange reserve. The former of these, the “open interest,” keeps track of the total amount of positions that are currently open…
European Union President Ursula von der Leyen announced a new initiative to give artificial intelligence (AI) startups expedited access to European supercomputers. The announcement came during the president’s 2023 EU State of the Union address on Sept. 13. We have to ensure AI develops in a human-centric, transparent and responsible way. I believe , together with partners, should lead the way on a new global framework for AI, built on three pillars: guardrails, governance and guiding innovation.#SOTEU pic.twitter.com/Nz6tSpoZ9P — Ursula von der Leyen (@vonderleyen) September 13, 2023 In introducing the…
Coinbase CEO Brian Armstrong says the largest US-based crypto exchange is adding support for Lightning Network, a layer-2 scaling solution for Bitcoin (BTC) that aims to address scalability issues. In a statement, Armstrong says Coinbase is working to add Lightning given the significance and importance of Bitcoin in the digital asset space. “We’ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient.” Coinbase…
Listen up, degens Summer’s out, and it is time to gear up for another season of Web3 and NFTs. Team VESA has enjoyed the refreshing (too much so at times) weather of our native Finland and some interesting connections and projects have immediately sprouted. Currently, VESA is in Switzerland for a top Web3 conference with the fastest growing crypto ecosystem in the world, Crypto Oasis, but more on that a little later. First, it’s time to give a shoutout to a friend who is a fellow pioneer in the scene…
“If not designed to be open, permissionless, and private – emulating cash – a government-issued CBDC is nothing more than a CCP-style surveillance tool that would be used to undermine the American way of life,” he said in a statement, accusing President Joe Biden’s administration – even in the absence of any actual policy – of trying to set up a surveillance state to monitor citizens’ transactions. Source
“Genesis has decided to stop offering digital asset spot and derivatives trading through GGC International, Ltd. (GGCI),” the statement reads. “This decision was made voluntarily and for business reasons. With this termination of services from GGCI, Genesis no longer offers trading services through any of its business entities.” Source
“There are still several avenues available for crypto exchanges to achieve compliance with U.K. regulators in the future, and we are actively exploring all options for this market,” Zhou said. “We are engaged in partnerships and consultations with local businesses, assessing potential collaborations with entities in the U.K., which will enable us to continue our operations in full compliance.” Source
Following media reporting of a potential cyber breach affecting Greater Manchester Police, Elizabeth Baxter, Head of Cyber Investigations at the Information Commissioner’s Office, said: “Police officers and staff expect their information to be kept secure, and are right to be concerned when that doesn’t happen. This incident has been reported to us, and we’ll now be looking into what happened, and asking questions on behalf of anyone affected. “Organisations must look after employee information, particularly in sectors where the impact of a data breach could be greater. The ICO works to…
Elizabeth Baxter, Head of Cyber Investigations at the Information Commissioner’s Office, said: “Police officers and staff expect their information to be kept secure, and are right to be concerned when that doesn’t happen. This incident has been reported to us, and we’ll now be looking into what happened, and asking questions on behalf of anyone affected. “Organisations must look after employee information, particularly in sectors where the impact of a data breach could be greater. The ICO works to support organisations to get this right so people can feel confident…