Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
BitStreamBuzz
--ใƒป20 views
๐Ÿšจ#FTX employees reportedly found a backdoor allowing Alameda Research to withdraw billions in customer funds! ๐Ÿ˜ฒ The issue was flagged but never fixed. LedgerX's chief risk officer Julie Schoening, who raised concerns, was fired in August 2022. What do you think about this situation? ๐Ÿ’ฌ Let's discuss in the comments! #crypto #blockchain #exchange

๐Ÿšจ#FTX employees reportedly found a backdoor allowing Alameda Research to withdraw billions in customer funds! ๐Ÿ˜ฒ The issue was flagged but never fixed. LedgerX's chief risk officer Julie Schoening, who raised concerns, was fired in August 2022. What do you think about this situation? ๐Ÿ’ฌ Let's discuss in the comments! #crypto #blockchain #exchange

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
0
Explore the lastest crypto news
โšก๏ธ Be a part of the latests discussions in crypto
๐Ÿ’ฌ Interact with your favorite creators
๐Ÿ‘ Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
BitStreamBuzz
@BitStreamBuzz

Explore More From Creator

๐Ÿš€EigenLayer, a restaking platform on Ethereum, has faced backlash over its token distribution. The platform, which amassed $16B in crypto deposits in its first year, rewarded depositors with points, expected to be convertible into tokens. However, the EIGEN token airdrop announcement sparked controversy.๐Ÿ”ฅ Firstly, tokens will be non-transferable until a future date, leaving users unable to cash out. Secondly, the airdrop is restricted to users from select regions, excluding users from countries like the U.S., Canada, and China. Lastly, the "Season 1" distribution plan leaves some users in the dark about how many EIGEN tokens they'll receive. Despite revising its token plans, EigenLayer's reputation within the crypto community remains tarnished. This incident raises questions about the future of points programs in crypto startups. What are your thoughts on points programs? Are they a boon or a bane for the crypto community? Let's discuss!๐Ÿ’ฌ #EigenLayer #CryptoNews
--
๐Ÿ”ฅHot off the press! Neel Somani, the big kahuna at Ethereum scaling company Eclipse, is stepping back as the company's "public face" amidst recent sexual misconduct allegations. He's adamant the claims are false, but is taking a step back to let the truth unfold.๐Ÿ•ต๏ธโ€โ™‚๏ธ Eclipse, not missing a beat, assures us they're committed to the highest personal and professional standards, including gender equality and fair treatment. They're taking the allegations against Somani seriously and are all about the truth.๐Ÿ‘ Remember, Eclipse is that layer-2 blockchain scaling project on Ethereum that recently raised a cool $50 million in a Series A funding round.๐Ÿ’ฐ What's your take on this? Let's chat in the comments! #BlockchainNews #Ethereum #Eclipse
--
๐Ÿ“ขBig news! Marathon Digital, a top Bitcoin miner, missed Q1 revenue expectations due to operational hiccups. They mined 2,811 Bitcoin, down 34% from the previous quarter. Blame it on unexpected equipment failures, transmission line maintenance, and weather-related curtailments. ๐Ÿ˜ฎ But hey, don't fret! Despite the setbacks, Marathon reported Q1 earnings per share of $1.26, easily topping Wall Street estimates of $0.02. Thanks to the newly-approved FASB fair value accounting rules, the mark-to-market adjustment was a big win given the Bitcoin price surge. ๐Ÿš€ Looking ahead, Marathon is sticking to its 2024 guidance of ramping up to 50 exahash per second (EH/s) and sees additional growth in 2025. Marathon's stock fell roughly 1.5% in post-market trading on Thursday. Shares have declined 26% this year while peer Riot Platforms has seen its stock price fall 40%. What's your take on Marathon's performance? Let's discuss in the comments! #CryptoNews #BitcoinMining
--
๐Ÿš€Stablecoins: A threat or the future of finance? Law prof Hilary Allen warns they could destabilize banks, but is she missing the bigger picture?๐Ÿค” Stablecoins are essentially e-money 2.0, says financial policy expert Marcelo M. Prates. They're an upgrade of one of the most revolutionary financial innovations of the last 25 years. EU legislators saw the potential in e-money in the early 2000s, creating a regulatory framework that allowed fintech startups to provide digital payment services. Fast forward to today, and stablecoins are doing the same on a global scale, thanks to blockchain technology.๐ŸŒ But for stablecoins to truly revolutionize finance, they need proper regulation. Without federal law, issuers will continue to face inconsistent state laws, hindering their potential. Drawing from EU's experience, Prates suggests a three-pillar approach: granting a non-bank license, allowing direct access to central-bank accounts, and ensuring bankruptcy protection for backing assets. Stablecoins aren't meant to replace banks, but to compete in the payments sector. They're e-money 2.0, with the potential to increase competition, lower costs, and advance financial inclusion. What do you think? Are stablecoins a threat or the future of finance? Let's discuss in the comments!๐Ÿ‘‡ #blockchain #cryptocurrency #stablecoins
--
๐Ÿš€๐Ÿ“ฐ Buckle up, crypto enthusiasts! A controversial rule, SAB 121, proposed by the SEC is getting a revival by President Biden, causing a stir in the finance world. This rule requires digital asset custodians to treat assets they're holding for clients as a liability on their own balance sheets and hold additional capital to offset those liabilities. ๐Ÿฆ๐Ÿ’ฐ Critics, including banks and crypto advocates, call it onerous and capital intensive. Even the U.S. Government Accountability Office (GAO) found the measure warranted a congressional review due to lack of public review and comment periods. ๐Ÿ›๏ธ๐Ÿ” Despite the House approving a decision to overturn SAB 121, Biden has warned he will veto the bill, backing SEC Chairman Gary Gensler. The Biden administration argues that limiting the SECโ€™s regulatory framework for crypto assets would introduce financial instability and market uncertainty. ๐Ÿ—ฃ๏ธ๐Ÿ’ฌ What's your take on this? Is this rule a necessary safeguard or an overreach? Let's discuss! #CryptoNews #SECRules
--

Latest News

Twitter Co-Founder Predicts Bitcoin Value Could Reach $1 Million By 2030
--
Major US Financial Institutions Test Shared Ledger Technology for Tokenized Assets
--
Alpha Screener: A New Tool For Crypto Investors
--
WisdomTree Launches Digital Currency App Amidst Internal Disagreement
--
PublicAI Partners With Oyster Labs To Empower UBS Mobile Users With Data Ownership
--
View More

Trending Articles

Polkadot Completes a Major Upgrade: Asynchronous Backing Now Live
avatar
CryptoPotato
Solana Could Flip Ethereum in Transaction Fees Within a Week: Report
avatar
Cointelegraph
Ripple Lawsuit: SEC Drops Pivotal Filing, Here's What Might Follow
avatar
U.today
Ripple Vs SEC : SEC Files Sealed Remedy Reply Brief in XRP Lawsuit
avatar
Coinpedia
Russia Is Planning to Cripple Europeโ€™s Economy โ€“ and This Is How
avatar
Cryptopolitan
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie