In a recent interview during the Binance Blockchain Week held in Istanbul, Turkey, CryptoPotato had the opportunity to speak with Richard Teng, the newly appointed CEO of Binance. Teng, who previously served as Binance’s Head of Regional Markets, expressed his enthusiasm for the industry and shared his excitement for the future plans of the world’s
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Ethereum has had a positive week, with a notable price increase of 4.7%. This surge brings Ethereum closer to the key resistance level at $2,100, which is being tested for the second time this month. A breakout above this level could potentially pave the way for ETH to rally and reach new all-time highs. Looking
In a shocking turn of events, Binance’s founder and former CEO, Changpeng “CZ” Zhao, recently pleaded guilty to violating the Bank Secrecy Act. These charges against Binance include money laundering violations, conspiracy to engage in an unlicensed money-transmitting business, and violations of US sanctions. This development has undoubtedly sent shockwaves throughout the cryptocurrency market, but
FTX and Alameda, two prominent entities in the cryptocurrency world, have been actively divesting their holdings in recent times. This move signifies their unwavering dedication to achieving settlements with creditors amid the tumultuous bankruptcy battle. Through various transfers to exchanges, they have showcased their commitment to resolving the financial challenges they face. Within the last
Bitcoin (BTC) is currently in a consolidation phase, leaving many investors uncertain and fearful of further price declines. The latest Bitfinex Alpha report reveals that BTC is hovering around the $37,000 price range, showing signs of diminishing momentum. Additionally, positive funding rates on futures contracts, which have historically been associated with market declines, add to
In an exclusive interview with CryptoPotato at the BTC Amsterdam conference, Jameson Lopp, co-founder and CTO of Casa, offered his profound insights on the journey of Bitcoin security and the challenges faced by the crypto community. Lopp highlighted the initial experimental nature of Bitcoin and the subsequent increase in stakes as its value grew. He
In the week leading up to November 18th, XRP token prices experienced a decline after a surge in mid-October. Initially, the price rose from $0.49 to $0.72, but by Sunday morning in Tokyo, it fell to $0.61. This volatility in XRP prices has caught the attention of investors and cryptocurrency enthusiasts across the globe. John
Cryptocurrencies have been increasingly used as a means of conducting illicit activities, including the sale and purchase of illegal drugs. One such example is the sale of fentanyl, a potent synthetic opioid responsible for a growing number of overdoses worldwide. However, recent research conducted by TRM Labs suggests that the growth rate of crypto-denominated fentanyl
Leading U.S. crypto exchange Coinbase has unveiled a groundbreaking protocol for on-chain payments, signaling a significant step towards revolutionizing the way cryptocurrencies are transacted. The new open-source Onchain Payment Protocol is a major update to Coinbase’s Commerce product, and it aims to simplify and standardize the process of on-chain payments across multiple platforms and networks.
As the possibility of U.S. spot Ethereum (ETH) ETFs becomes more realistic, experts are questioning whether their approval will have a significant impact on the market, similar to that of Bitcoin (BTC) ETFs. According to Bitwise, the world’s largest crypto index fund manager, the impact will not be as substantial. In this article, we will
