We Are in A Crypto Liquidity Crisis – But The Reason is Not What You Think
As the world of cryptocurrencies continues to evolve, it is becoming increasingly apparent that we are witnessing a significant liquidity crisis within the crypto market. This dramatic shift is having far-reaching consequences, and it is of utmost importance that we understand the factors contributing to this liquidity squeeze and consider the potential implications for the […]
Binance US To Suspend Deposits, Banking Partners Halt Withdrawal Channels
While Binance has previously stated that they will “fight to the full extent of the law” against the SEC, it seems that their banking partners have a differing viewpoint on the matter. Just today, Binance U.S. has announced that they will be suspending USD deposits starting today, and may cease all withdrawals as early as […]
NFTs vs Cryptocurrencies: Which Has Better Bear Market Returns?
Big global brands such as Starbucks have wholeheartedly embraced the NFT bandwagon, taking bold strides to introduce their very own non-fungible tokens (NFTs) into the digital landscape. By doing so, these brands aim to not only bolster their brand awareness but also foster a deeper level of engagement with their loyal customers. With a touch […]
Crypto Expo Asia 2023: Preventing Crypto Collapses With Better Accounting Practices
Although the failures of prominent cryptocurrency entities like Three Arrows Capital and FTX are frequently cited to criticize Web3, it’s important to note that their decline stemmed from internal problems unrelated to cryptocurrency itself. Interestingly enough, a major factor contributing to their downfall were their accounting systems – or more accurately, their lack thereof. This […]
How Ethereum Has Outperformed all Expectations Since The Shapella Upgrade
Ethereum started transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus with the launch of the Beacon chain in 2020. This allowed validators to stake Ether, or $ETH, which was used to secure the blockchain and they earned rewards for this but the staked Ether or rewards could not be withdrawn until the Shapella upgrade. Before […]
Circle Singapore Obtains Major Payment Institution License From MAS For Digital Payments Tokens
Circle Internet Singapore Pte. Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money transfer services in the city-state via […]
Gensler-Themed Memecoins Skyrocket Amidst SEC’s Consecutive Lawsuits
Despite the broader crypto market taking a harsh beating in light of the SEC’s continued crackdown on centralized exchange Coinbase, one niche sector of crypto continues to defy all odds – memecoins. Although recent headline-grabber Pepe’s run petered out as prices stagnated, cryptocurrency speculators have relentlessly continued to search for the next 100x, creating and […]
SEC Accuses Coinbase of Operating Unlicensed Exchange, Claims Even More Cryptocurrencies are Securities
The U.S. Securities and Exchange Commission has official filed a lawsuit against leading cryptocurrency exchange Coinbase following yesterday’s official complaint against centralized exchange Binance. In a 101-page document, the SEC has outlined Coinbase operating as an unregistered broker, unregistered trader, unregistered clearing agency. They also argued that Coinbase had “participated in violated the “registration provisions […]
Exploring Cosmos’ Security Solutions for App-Chains: Replicated and Mesh
You might have already seen concepts like Replicated Security, Mesh Security, Interchain Alliance, and ‘Rollapps’ across your Twitter timeline. Today, I’m here to help you understand the basic differences between these security layers and their impact on the app-chain thesis. In this first part of a two-part series, we’ll delve into Replicated Security and Mesh […]
Su Zhu is in Singapore. Why haven’t the authorities done anything?
Almost a year has passed since the collapse of one of the world’s largest hedge funds, and yet we have little to no clue as to what happened. Were Su Zhu and Kyle Davies blinded by their own message? Were they destroyed by a lack of risk management? Or were their stops hunted and positions […]
SEC’s Binance Allegations Painfully Echoes FTX, Alameda Downfall
The U.S. Securities and Exchange Commission’s 136-page lawsuit against Binance, filed today (6/6), has put forth 13 charges again the largest cryptocurrency exchange in the world, as well as it’s CEO, Changpeng “CZ” Zhao. Already triggering the largest liquidation event since the start of 2023, the complaint built on an earlier investigation from the Commodity […]
Binance Statement To SEC: We are prepared to fight it to the full extent of the law
It’s official – the SEC is suing Binance and CEO Changpeng “CZ” Zhao. While the Securities and Exchange Commission’s continued crypto crackdown may seem like the start of another black swan event in crypto, Binance is not going down without a fight. For those who have yet to catch up on the saga, here is […]