U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” ...
Tag: Industry
Legendary Investor Charlie Munger Slams Crypto, Says Industry a Mix of Fraud and Delusion
Legendary Berkshire Hathaway investor Charlie Munger has major criticisms of the crypto space in light of the recent FTX collapse. In a new interview with CNBC’s Squawk Box, Munger asserted a skeptica...
The Crypto Industry In The United States Needs Strict Regulations
The White House is taking steps to tighten the regulations on crypto assets in the wake of bankruptcy filings in the US. Recently, US President Joe Biden directed lawmakers to draft legislation to reg...
Binance CEO Announces ‘Industry Recovery Fund’ Amid FTX Exchange Collapse
In the wake of the collapse of the crypto exchange FTX and its sister company Alameda Research, Binance announced the formation of what it calls an “industry recovery fund” aimed at salvaging crypto p...
What Is BudBlockz? A Comprehensive Guide To The Crypto Disrupting The CBD Industry
It’s exciting to know that many developed nations are inclined towards decriminalizing marijuana and cannabis-based products worldwide. The future is looking great for the cannabis industry. However, ...
FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ – Exchanges Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bot...
CZ plans industry association to communicate with regulators worldwide
Binance CEO Changpeng “CZ” Zhao said he wants to set up an association of the largest crypto players to help work with policymakers and regulators worldwide. “The association will t...
Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report
In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case? The past few months have seen Bitcoin hitting high-water marks including all-...
CZ says industry is in pain but it’s business as usual at Binance
Binance CEO Changpeng Zhao said the company hasn’t experienced any serious side effects from the FTX fallout. During an AMA on Twitter Spaces, CZ addressed burning questions from users and community l...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’ – Coinotizia
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transpare...
Binance Shouldn’t be Responsible to Every User’s Loss in the Industry: CZ
Binance’s CEO, CZ, had an ask-me-anything (AMA) session on Twitter and answered community questions, mostly related to the FTX fallout and how he thinks the industry will move forward. In essence, CZ ...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’ – Bitcoin News
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transpare...
CZ & Binance leading the industry recovery fund initiative, what to expect?
FTX’s liquidity ordeal and eventual bankruptcy declaration last Friday is unarguably a disruptive hit to the stability of the cryptocurrency market. While FTX’s users directly lost billions in stuck c...
Binance Industry Recovery Fund Not For Terra Classic – Terra Rebels
– Advertisement – ReXx of the Terra Rebels discloses that Recovery Fund from Binance is not meant for Terra Classic. ReXx, a prominent Terra Rebels admin, recently revealed that neither ...
Binance announces ‘Industry Recovery Fund’ to help cash-strapped projects
The crypto-industry has been trying to wrap its head around the unexpected collapse of the world’s second-largest crypto exchange FTX. On one hand, investors are anxious about the safety of their fund...
Binance creates industry recovery fund to help projects struggling with liquidity
As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues. In a tweet...
Bitcoin Spikes, CRO Jumps, “Industry Recovery Fund” Announced – Trustnodes
Bitcoin suddenly jumped 10% from $15,800 to nearly $17,000 while Crypto.com’s CRO rose 15% from 59 cent to 69 cent. The exact reason is not clear but CRO had plunged more than 20% from 80 cent on spec...
Binance will launch a new ‘industry recovery fund’
Binance will launch a new fund to help prop up crypto projects facing liquidity crunches. Changpeng Zhao, Binance’s CEO, tweeted about the plan early on Nov. 14. “To reduce further cascadi...
Bitcoin Skyrockets by Almost $1,000 as Binance’s CZ Announces Industry Recovery Fund
The primary cryptocurrency, as well as the entire cryptocurrency market, experienced a sudden surge associated with the latest tweets by the CEO of the world’s largest exchange, Binance. CZ took to Tw...
Bitcoin and Crypto Markets Pop As Binance CEO Announces Industry Recovery Fund
An announcement from Binance CEO Changpeng Zhao has triggered an immediate rise in the price of Bitcoin and the overall crypto markets. Zhao says he’s forming an “industry recovery fund” to support co...
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo – Featured Bitcoin News
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re go...
Bitcoin Bull Anthony Pompliano Says Confidence Game Now Over for Crypto Industry
Longtime Bitcoin (BTC) supporter and entrepreneur Anthony Pompliano says that people in the crypto space are underestimating just how much damage has been done to the industry following the collapse o...
Binance CEO Changpeng Zhao Reveals Why Deal With FTX Collapsed, Says Industry Now Facing 2008-Style Meltdown
The chief executive of the world’s largest crypto exchange is revealing why the potential deal with former competitor and bankrupt firm FTX failed to go through. In an interview at the 2022 Indonesia ...
Dogecoin Creator Explains What He Hates About Industry and Why He Created DOGE
Arman Shirinyan Creator of biggest meme in industry reminds everyone why he built it initially The creator of the biggest memecoin on the market has once again reminded his subscribers why he created ...
FTX goes up in flames and impacts the broader crypto industry, causing regulators to respond: Hodler’s Digest, Nov. 6-12
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Binance CEO Says the Industry has been Setback a Few Years With FTX Saga
The blockchain industry has been experiencing a lot of challenges due to the fallout of one of the biggest crypto exchanges, FTX. So many notable industry experts and stakeholders have given their op...
China’s chip executives brace for winter as US sanctions push country’s semiconductor industry to the brink of desperation
On a recent Wednesday afternoon in Shanghai, the founder of a semiconductor start-up spotted the head of a well-known chip venture capital firm near the elevator at an industry event – and grabb...
Six days that rocked the crypto industry
The past week may well be the most tumultuous the crypto world has seen yet. In less than seven days, FTX went from industry darling to bankruptcy protection, with its crashing native token FTT spurri...
Poloniex launches the lowest Futures trading fees in the industry
Poloniex, a global crypto exchange, has optimized the fee structure for USDT-collateralized perpetual contracts to provide customers with the lowest fees in the entire industry. Starting today, the M...