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0 CommentsElon Musk continues his peculiar tweets about altcoins like Dogecoin, but investors should treat them very carefully. It looks like the days of easy money from the coin pumps are gone, but Dogecoin remains in the top 10 cryptocurrencies list. They say all good things come to an end, and the Elon Musk-inflicted Dogecoin pump…
Gemini, the crypto exchange of Cameron and Tyler Winklevoss, plans to surpass Binance and become the largest crypto exchange by volume, despite Binance’s daily spot trading volume exceeding Gemini’s by over 100 times. However, given the recent regulatory scrutiny against Binance, embracing regulation could give a competitive advantage to rival exchanges. As Bloomberg reported, Gemini…
Binance CEO Changpeng “CZ” Zhao posted an open letter outlining Binance’s plans regarding the current crypto regulatory landscape, which followed the rise of the global regulation pressure on Binance. “Binance has grown very quickly and we haven’t always got everything exactly right, but we are learning and improving every day,” Zhao said in a blog…
The Financial Crimes Enforcement Network (FinCEN) has hired Michele Korver, previously of the Digital Currency Council in the U.S. Department of Justice, to serve as the agency’s first chief digital currency adviser (DCA). Korver, who has been involved in crypto-related Anti-Money Laundering (AML) operations since 2013, will advise FinCEN acting director Michael Mosier regarding cryptocurrency’s…
Alex Mashinsky, Celsius Network CEO and #63 in The Cointelegraph Top 100, suggested that Ether has already started “flippening” Bitcoin by market capitalization. In an interview with Kitco News on Monday, he said that Ethereum has already overtaken Bitcoin based on the US dollar value of holdings in Celsius’s network of over a million users….
Sam Altman, the former president of Y Combinator, is working on a new cryptocurrency project. The token called Worldcoin will be distributed to everyone on Earth in exchange for their eye scans. The futuristic idea already has attracted many backers in Silicon Valley, including VC investment firms Andreessen Horowitz, Day One Ventures, and LinkedIn co-founder…
