Binance has hired former U.S. Department of Justice prosecutor Kendall Day to represent the firm in the SEC lawsuit.
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Bitcoin’s correlation with the tech-heavy Nasdaq 100 collapsed to just 3% in June, hitting its lowest level in nearly three years.
Bitcoin outperformed tech equities this month jumping by nearly 14% while the Nasadq 100 is up only 3%. Overall, its correlation with traditional risk assets has steadily weakened this year from an average of 60% in 2022.
@Cryptoz ₿
Bitcoin outperformed tech equities this month jumping by nearly 14% while the Nasadq 100 is up only 3%. Overall, its correlation with traditional risk assets has steadily weakened this year from an average of 60% in 2022.
@Cryptoz ₿
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The new FTX management has returned about $7 billion in liquid assets.
The FTT exchange token reacts at the moment with a 35% increase.
The list of companies interested in buying FTX also includes BlackRock, Ripple, Galaxy Digital, Nasdaq and a number of others.
@Cryptoz ₿
The FTT exchange token reacts at the moment with a 35% increase.
The list of companies interested in buying FTX also includes BlackRock, Ripple, Galaxy Digital, Nasdaq and a number of others.
@Cryptoz ₿
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German central bank risks bailout after money printing spree
Bundesbank’s €650bn losses throw ECB’s public sector purchase programme in doubt
Germany’s central bank may need a bailout to cover losses on the debt it hoovered up as part of the European Central Bank’s (ECB) massive bond-buying programme, the country’s federal auditor has warned.
@Cryptoz ₿
Bundesbank’s €650bn losses throw ECB’s public sector purchase programme in doubt
Germany’s central bank may need a bailout to cover losses on the debt it hoovered up as part of the European Central Bank’s (ECB) massive bond-buying programme, the country’s federal auditor has warned.
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Eight financial institutions showing interest in the BTC exchange and other cryptocurrencies have more than $27 trillion of assets under management.
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@Cryptoz ₿
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FTX said that at the moment about $7 billion of liquid assets have already been returned from about $8.7 billion owed to customers.
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Binance will list the Maverick Protocol (MAV)
Binance will open Maverick Protocol (MAV) trading in MAV/BTC, MAV/USDT and MAV/USD pairs from June 28, 11:00 (Kiev).
@Cryptoz ₿
Binance will open Maverick Protocol (MAV) trading in MAV/BTC, MAV/USDT and MAV/USD pairs from June 28, 11:00 (Kiev).
@Cryptoz ₿
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NEAR Foundation announces partnership with Alibaba Cloud
The WEAR Foundation has announced the start of a partnership with the Chinese technology company Alibaba Cloud.
As part of the partnership, NEAR will gain access to the Alibaba Cloud developer ecosystem in Asia and the Middle East, and new NEAR validators will be able to deploy their nodes using the ready-made Alibaba Cloud infrastructure.
Also, the WEAR Foundation and Alibaba Cloud will offer RPC as a service for developers and users of the NEAR ecosystem.
@Cryptoz ₿
The WEAR Foundation has announced the start of a partnership with the Chinese technology company Alibaba Cloud.
As part of the partnership, NEAR will gain access to the Alibaba Cloud developer ecosystem in Asia and the Middle East, and new NEAR validators will be able to deploy their nodes using the ready-made Alibaba Cloud infrastructure.
Also, the WEAR Foundation and Alibaba Cloud will offer RPC as a service for developers and users of the NEAR ecosystem.
@Cryptoz ₿
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Riot Platforms will buy an additional 33,000 miners from MicroBT for $162.9 million. The miners will be manufactured in the United States and the deal provides for the purchase of up to 66,560 additional M56S++ miners.
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@Cryptoz ₿
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European researchers are concerned that Binance may fake accounts in Ireland and Malta for money laundering and tax evasion
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@Cryptoz ₿
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ARK Investment Management CEO Katie Wood says she is first in line to receive potential approval for a spot bitcoin ETF.
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@Cryptoz ₿
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Tether has signed a memorandum with the Government of Georgia on the development of blockchain technologies and the introduction of crypto innovations in the country.
"This collaboration not only marks an important milestone for Tether, but also strengthens its position as an innovative infrastructure partner for cities and countries around the world."
@Cryptoz ₿
"This collaboration not only marks an important milestone for Tether, but also strengthens its position as an innovative infrastructure partner for cities and countries around the world."
@Cryptoz ₿
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The European Union has reached an agreement on the regulation of crypto assets in the banking sector
As part of the established capital requirements, banks will be required to "disclose information about their interaction with crypto assets."
"The goal is to eliminate potential risks for institutions caused by their interaction with crypto assets."
The new rules will be in effect until a specific legislative proposal is put forward by the European Commission (January 1, 2025).
As part of the established capital requirements, banks will be required to "disclose information about their interaction with crypto assets."
"The goal is to eliminate potential risks for institutions caused by their interaction with crypto assets."
The new rules will be in effect until a specific legislative proposal is put forward by the European Commission (January 1, 2025).
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Binance co-founder Yi He said that the era of recklessness in the crypto industry has come to an end. Global regulation is a new trend.
Yi Hye is one of the most influential women in the crypto industry, she is responsible for the business, marketing and strategy of the Binance brand.
@Cryptoz ₿
Yi Hye is one of the most influential women in the crypto industry, she is responsible for the business, marketing and strategy of the Binance brand.
@Cryptoz ₿
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