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FTX Disaster Shows Crypto Could Be A ‘Problem’ If Not Regulated, BOE Governor Says

There is a big lesson to be learned from FTX and cryptocurrencies. A deputy governor of the Bank of England stated in a recent speech at Warwick Business School that the experience of the past few months illustrates that crypto is highly susceptible to the hazards that regulation in the traditional financial industry is intended […] дальше »

2022-12-24 11:10


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Deso Blockchain Surpasses 2 Million Accounts In The Wake Of Elon Musk’s Twitter Makeover

DeSo, a new layer 1 blockchain platform designed for decentralized social media, is gaining popularity after recently crossing 2 million accounts and 130,000 MAUs. Recent months have called for decentralized social applications as solutions to current centralized social media following Elon Musk’s policy change that stated rival social networks could not post on Twitter. These […] дальше »

2022-12-22 16:23


Binance’s proof of reserves auditor pulls report, what does it mean?

Key Takeaways  Mazar’s, the accounting firm who worked with Binance on the proof of reserves report, has pulled the link from its website It has also paused all crypto work indefinitely Controversy followed the report, with critics decrying its lack of information on the liability side  Mazar’s had previously stated that this was a “report” […] The post Binance’s proof of reserves auditor pulls report, what does it mean? appeared first on CoinJournal. дальше »

2022-12-17 18:50


Michael Saylor: “Proof-of-Stake protocols are unstable and risky”

The founder of MicroStrategy called cryptocurrencies using the Proof-of-Stake (PoS) consensus algorithm unstable and at risk of collapse. Michael Saylor supported Bitcoin maximalist Matthew R. Kratter, who recently stated that the Proof-of-Stake consensus mechanism, which the Ethereum network switched to, makes Ether more vulnerable. дальше »

2022-12-16 17:13


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Amid Senate’s Inquisition, FTX’s Sam Bankman-Fried Wants To Float A New Business To Pay Back Customers

Running low on options, FTX’s founder wants to make one last-ditch attempt to repay customers, but experts term it a long shot. Sam Bankman-Fried revealed in an interview with the BBC over the weekend that he is willing to go the extra mile to repay customers after the implosion of his exchange. Bankman-Fried stated that […] дальше »

2022-12-13 19:12


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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

2022-11-16 17:24