Notice of Removal of Trading Pairs on Binance - 2022-11-28
Binance will remove and cease trading on the following trading pairs at 2022-11-28 03:00 (UTC): Spot Pairs: ARK/BTC, BEAM/BTC, BTCST/BTC, BTCST/USDT, GTO/BTC, GTO/USDT, MITH/BTC, MITH/BNB, PERL/BTC, PNT/BTC, REP/BTC, SRM/BNB, SRM/BTC, SRM/USDT, TRIBE/USDT, XEM/BTC.
CoinList Addresses 'FUD' on Withdrawals, Cites Technical Issues for Delays
Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, sparking fears the company was having liquidity issues or w insolvent. (Cointelegraph)
StarkNet Makes Cairo 1.0 Open Source in First Step Toward Community Control
Zero-knowledge (ZK)-Rollup tech company StarkWare has officially open sourced its new programming language compiler, Cairo 1.0, which will soon be supported on Ethereum layer-2 scaling solution StarkNet in Q1 2023. The news was announced by StarkWare — the company behind StarkNet — in a Nov. 25 Twitter post. StarkWare’s rollup technology and recursive proofs offer the potential to compress millions of transactions on L2 into a single transaction on Ethereum, however the project has been criticized for maintaining control over its IP, not least of all by its more open source focused competitor zkSync. (Cointelegraph)
Binance CEO Changpeng Zhao Says he Should Have Tweeted Sooner About FTX Woes
The chief executive officer of the world’s largest cryptocurrency exchange, Binance Global Inc., Changpeng Zhao, regrets not sending earlier a tweet that contributed to the collapse of Bahamas-based crypto exchange FTX, he said in a live interview on Bloomberg TV on Thursday. “I actually reflect on the FTX situation and I kind of blame myself for tweeting that too late. As an industry, we let FTX get too big before we started questioning some of those things,” Zhao said. (forkast)
African Central Banks Have Different CBDC Motivations
Today the Bank for International Settlements (BIS) published a paper on central bank digital currency (CBDC) in Africa, highlighting that motivations differ from other emerging market countries.Mobile money is the dominant form of digital payment in Africa, led by Kenya’s M-Pesa. These systems enable faster payments but half of the 19 African central banks believe that CBDC would provide a better solution.
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,” she stressed. (Bitcoin.com)
Macro Guru Raoul Pal Says Crypto Markets Still Fundamentally Bullish Despite Peak Negative Sentiment
Macro expert and former Goldman Sachs executive Raoul Pal says that while negative sentiment across the crypto industry is at an all-time high, its fundamentals remain strong. In a new interview with co-founder and host of Impact Theory Tom Bilyeu, Pal says investor negativity is higher than he has ever seen it, including during the Great Recession and the Dot.com bubble burst.
NEAR Wallet Transition Major Update
On July 29th, 2022, NEAR Foundation announced that wallet.near.org would be transformed into a new multi-wallet portal and that Kikimora Labs, a venture studio and tech hub, would manage the codebase for the wallet sat on wallet.near.org. After much discussion between Kikimora Labs, Pagoda, and the Foundation, it has been decided that the wallet should continue to be developed and implemented by the team at Pagoda with assistance from the Foundation.
How Do Cryptocurrencies Affect the Economy?
Ever since bitcoin was introduced in 2009 and other tokens followed suit, the cryptocurrency effect on the economy has been undeniable.
UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity
Lawmakers in the U.K. voted in favor of new rules that could make it easier for law enforcement agencies to seize crypto linked to terrorist activity. The rules were proposed as amendments to the Economic Crime and Corporate Transparency bill, which includes reforms that can help authorities combat local crime. The same lawmakers in the House of Commons, the parliament's lower house, had already voted in favor of amendments that would give powers to local enforcement to seize, freeze and recover crypto tied to crime. At the second reading of the bill on Oct. 13, they called to mirror these measures in the country’s existing counter-terrorism legislation as well. (Coindesk)
