Cointelegraph By Gareth Jenkinson
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“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite that, the incumbent CEO of Binance cuts the figure of a man reveling in the challenges ahead. Speaking to Cointelegraph just two weeks after taking over from outgoing CEO...
Starknet token distribution not yet finalized despite speculation over portal screenshots
Cointelegraph By Gareth Jenkinson - 0
The Starknet Foundation has moved quickly to quash speculation around screenshots of early iterations of a distribution portal for the upcoming launch of its native STRK ecosystem token.Information shared with Cointelegraph ahead of an announcement on X (formerly Twitter) outlined that the foundation is still developing plans to distribute...
Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz
Cointelegraph By Gareth Jenkinson - 0
Binance’s $4.3 billion settlement with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz.In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that...
Animoca becomes largest validator of Telegram’s TON blockchain
Cointelegraph By Gareth Jenkinson - 0
Web3 investment firm Animoca Brands is set to become the largest validator of Telegram’s TON (The Open Network) blockchain and plans to deliver blockchain-based games to the messaging app’s 800 million strong user base.An announcement shared with Cointelegraph outlined how the partnership will involve the provision of funding, research,...
Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by a number of high-profile news publications.A statement from the USDT stablecoin issuer and cryptocurrency exchange shared with Cointelegraph notes that it is committed to transparently sharing information...
“I literally had two coffees and a beer, and I had this eureka moment at four in the morning,” Solana co-founder Anatoly Yakovenko recalls as he leans back thoughtfully.Speaking to Cointelegraph at Solana’s annual Breakpoint conference in Amsterdam, the co-founder recounts a late-night brainwave of a “hyper-optimized, fast as possible”...
FTX collapse, Binance’s US settlement provide strong case for MiCA regulations
Cointelegraph By Gareth Jenkinson - 0
The collapse of FTX in 2022 and Binance’s recent $4.3-billion settlement with United States authorities provide a strong argument for the provisions of the European Union’s Markets in Crypto-Assets (MiCA) legislation, a European Commission official said in an interview.Ivan Keller, policy officer for the European Commission, spoke to Cointelegraph...
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
Cointelegraph By Gareth Jenkinson - 0
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin (BTC) swaps for its users across 30 different blockchain networks.Sushi’s deployment of its decentralized exchange (DEX) on ZetaChain is touted to enable trading of BTC without wrapping across several blockchains in what the...
Tech firm Republic taps Avalanche for profit-sharing investment note
Cointelegraph By Gareth Jenkinson - 0
Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings.The Republic Note is a profit-sharing digital asset that will be launched on the Avalanche blockchain, which accrues profits generated from Republic’s...
AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder
Cointelegraph By Gareth Jenkinson - 0
Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin (BTC) miners are not jumping on the bandwagon just yet.Speaking to Cointelegraph journalist Joe Hall at Web Summit 2023 in Lisbon, Portugal, Heatbit founder Alex Busarov...