Binance Founder CZ  Will Face Sentencing Hearing in Seattle

As a researcher with extensive experience in the cryptocurrency industry, I’ve followed the developments surrounding Changpeng “CZ” Zhao closely. Today marks a significant moment in his life as he awaits the court’s decision on his sentence for violating the Bank Secrecy Act. Today, Changpeng “CZ” Zhao, the founder of Binance and its former CEO, will … Read more

Former Revolut Exec Raises $6.5M for X10 Hybrid Exchange

As an experienced analyst in the crypto space, I am intrigued by X10’s entry into the market as a hybrid cryptocurrency exchange utilizing StarkEx Layer 2 technology. With a strong backing of reputable angel investors and a team that includes executives from well-established players like Revolut and Lido, X10 aims to offer the best of … Read more

EigenLayer airdrop draws criticism amidst transferability concerns, allocations

As an analyst, I have closely followed the cryptocurrency market for several years now. The recent announcement regarding the EigenLayer airdrop has sparked heated debates among the community, with valid concerns being raised about certain aspects of the plan. The long-awaited details of the EigenLayer airdrop were revealed, eliciting a mix of praise and intensive … Read more

Hong Kong Crypto ETFs Flop in Debut, Trading at $11 Million

As an experienced financial analyst, I find the recent debut of six Spot Bitcoin and Ethereum ETFs in Hong Kong intriguing but underwhelming compared to their US counterparts. While the trading volume on their first day reached HK$87.5 million or $11.2 million, this pales in comparison to the astounding $4.6 billion worth of trades made … Read more