Binance Ceo Resigns Source: Bloomberg Binance.US, the American arm of the crypto trading platform, is undergoing significant changes as its CEO, Brian Shroder, steps down from his role. Shroder has been succeeded on an interim basis by Norman Reed, who previously served as the Chief Legal Officer, according to a company spokesperson. This leadership transition comes in the midst of a challenging period for the company, which is controlled by Changpeng “CZ” Zhao, a prominent figure in the digital entrepreneur space. Binance.US is currently in the process of reducing its workforce by over one-third, which translates to more than 100…
Author: Patoski
How to Earn from the Cryptocurrency Market without Risk The Cryptocurrency market today is by far the fastest growing industry around the globe with a market capitalization of over $2 trillion dollars in 2021, and the current market capitalization sitting at almost $1 trillion dollars as at the time of writing, this is despite the Cryptocurrency market DIP which has lingered for over 7 months now. Cryptocurrency has already become the new normal for over 200 million users around the world today and within a space of 12 years has made a lot of Cryptocurrency holders, users, and traders into…
Introduction In recent headlines, the cryptocurrency community was rocked by the news of the collapse of the Turkish cryptocurrency exchange THODEX and the subsequent arrest and sentencing of its CEO, Faruk Ozer. This article delves deep into the intricacies of the THODEX scandal, shedding light on the events leading up to Ozer’s imprisonment, the impact on investors, and the broader implications for the cryptocurrency industry. The Rise and Fall of THODEX Background THODEX, a once-promising cryptocurrency exchange founded by Faruk Ozer, gained significant attention within the crypto sphere for its user-friendly interface and competitive trading fees. Established in 2017, the…
Finance Companies in Dubai Have you recently relocated to Dubai, or are you looking to relocate to Dubai? Are you a professional in the finance field or looking to start a career in finance? Are you an investor looking to make some investment in the booming economy of Dubai and you would prefer a finance company to do that? Or do you own and run a company in Dubai and need a finance company to help secure credit facilities that will help you grow your company? Then you have arrived at the right place and you are also reading just…
Korean Asset Management Giant Mirae Ventures into the Future: Partners with Polygon Labs for a $500 Billion Securities Tokenization Initiative” Source: Coindesk Mirae Asset Securities has teamed up with Polygon Labs, a scaling solution for Ethereum to create a tokenized security network and accelerate the adoption of Web3 technology. Mirae Asset Securities (South Korea’s largest financial institution with more than $500 billion of assets under management) announced today that it was working with the Ethereum-scaling platform Polygon Labs in order to promote tokenization and Web3 technology adoption. Polygon Labs is a technical advisor in the Mirae Asset Security Token Working…
Australia is a great country, and one of the very few countries with great monetary policies and still relatively low interest rates as compared to some countries in the world. This has also made the living standard better and also created more opportunities for credit facilities. Today we will be looking at how as a citizen of Australia, you can get car finance on Centrelink an initiative owned by the Australian government. Car Finance on Centrelink Car ownership can be a game-changer, providing freedom and flexibility in your daily life. However, for individuals relying on Centrelink benefits in Australia,…
So imagine going to the bank to keep your valuables, such as gold bars, chains, and expensive jewelry, in the vault, believing it is secure and safe there. This is similarly applicable when it comes to storing your crypto assets. As the cryptocurrency industry is fast growing, more and more individuals are beginning to embrace this new technological development, and with it comes the ever-increasing need for security. Crypto Wallet Crypto wallets, like your bank vaults, serve as guardians or custodians for your digital/crypto assets, ensuring safe and secure storage while allowing easy access to the wallet owner. However,…
Introduction Crypto futures have become a new normal for a lot of experienced and upcoming traders now in the crypto space. This is because it has a lot of similarities with traditional forex trading, which involves analyzing and speculating the price direction of crypto assets. Crypto Futures are contracts involving two parties agreeing to buy or sell an underlying asset for a specific price at a specific date. Using Bitcoin Futures as a case study, bitcoin would be the underlying asset. The futures market allows investors to protect themselves against the volatile market and guarantee that they can buy or sell…
Introduction The Cryptocurrency industry is arguably the fastest-growing industry in the world right now. A lot of factors have contributed to this over time, some of which include its uniqueness, independence from centralized government controls and manipulations, its utility, which cuts across several sectors, the vast array of financial and business opportunities the industry has to offer to mention but a few as the list goes on. However, the cryptocurrency space has limitations, shortcomings, and its fair share of negativities, one of which is the high-risk level and volatility of the crypto industry. This is where Crypto Arbitrage comes into…
Introduction Meaning of Cryptography Cryptography is the process of encoding information so that only those who the information is intended for can decode the information. The cybersecurity technique, also called cryptology, uses a combination of disciplines such as computer science, mathematics, engineering, and other sciences to produce complex codes. The process of cryptography involves hiding information or coding it so only those who are intended to read the message can do so. For thousands of years, the art of encryption has been used for coding messages. It is still used today in computer passwords and bank cards. Cryptography includes algorithms that…