Changpeng Zhao (CZ) explained the circumstances surrounding Binance leaving the Canadian market – saying the regulatory requirements meant it was unfeasible to continue operating in the country. Exit from Canada On May 12, Binance announced it would be “proactively withdrawing from the Canadian marketplace.” The firm stated that new crypto exchange regulatory guidance on stablecoins…
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What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
Paxful said on May 30 that it has appointed Roshan Dharia to the role of interim CEO, where he will be tasked with “strengthening operations and exploring strategical alternatives.” Roshan said in a statement: “It’s a great honor to become CEO of Paxful…I look forward to hitting the ground running and building on the innovative…
Bitcoin Cash advocate and early Bitcoin investor Roger Ver has praised Ethereum, saying it will be the chain that drives global cryptocurrency adoption. Ethereum over Bitcoin Appearing on Show Me The Crypto on YouTube, Ver echoed the hosts’ opinions on the Ethereum ecosystem, particularly regarding innovations such as NFTs. Ver said: “Even though Ethereum doesn’t have…
Defense lawyers for Sam Bankman-Fried allege that U.S. authorities overstepped the mark in prosecuting the former FTX CEO, arguing that regulatory infractions should not be prosecuted as federal crimes. SBF lawyers say charges are not federal crimes Bankman-Fried was arrested in the Bahamas on Dec. 12, 2022, following the collapse of FTX approximately four weeks…
Binance CEO Changpeng Zhao commented on the state of the crypto industry and market during an interview with Bankless on May 29. Zhao dispels FUD First, Zhao discussed recent controversies around his company. Binance has recently attempted to refute reports from Forbes, the Financial Times, and Reuters concerning matters such as its alleged misuse of…
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Peter McCormack, the host of the ‘What Bitcoin Did’ podcast, tweeted a scathing assessment of Worldcoin, inferring the project is redundant as “Bitcoin is world coin.” McCormack slammed Worldcoin using several unflattering descriptors, including “sh*tcoin,” “VC dystopian rug pull,” and “exit liquidity” – enforcing its already dubious reputation. Worldcoin unable to shake its reputation Worldcoin…
Algorand Foundation CEO Staci Warden played down the significance of ALGO’s underwhelming performance, saying, “We don’t think about price.” In a recent interview with Real Vision Crypto, Warden brushed aside the relevance of price, instead highlighting the Foundation’s success in attracting developers to the ecosystem and ensuring their success. “We are having a Cambrian explosion…