Who is Changpeng Zhao and how did he create Binance, the largest exchange in the world?

Changpeng Zhao, better known as CZ, is the co-founder of Binance, the cryptocurrency exchange with the largest trading volume globally. Zhao is a multifaceted character who has served as a software engineer, investor, businessman and speaker. Although its history had a humble beginning marked by exile and emigration, currently it is one of the richest … Read more

Rise or fall, bitcoin brings “harm” to society, considers the ECB

They also criticize Satoshi Nakamoto’s understanding of e-commerce. According to the authors, Bitcoin poses a “danger” to democracy. Analysts from the European Central Bank (ECB) published an aversive document towards bitcoin on October 12, where they consider it a “harmful” financial asset for society. The document, called “The distributional consequences of Bitcoin,” says that even … Read more

DeFi is a silent giant that continues to grow and provide investment opportunities

DeFi represents the largest use for cryptocurrencies, according to a16z. There are 170 billion dollars deposited in DeFi protocols. Decentralized finance (DeFi) is far from having said its last word. Although a few years have passed since the initial “DeFi Summer” explosion, this sector continues to quietly expand, providing new investment opportunities and attracting more … Read more

BRICS presents the first tool of its new dollar-free payment system

BRICS Pay will be officially launched at the end of the year. The tool is expected to allow payments with Visa, Mastercard and WeChat Pay. As part of the BRICS Business Forum held in Russia on October 17 and 18, participants in the event received new cards to test one of the long-awaited tools that … Read more

DATUM distributes its first rewards to Bitcoin miners

According to Ocean, DATUM allows for greater control over individual miners’ transactions. A user on X explained that the operation of DATUM “is a mystery.” The new decentralized mining protocol, DATUM (in Spanish it means “Decentralized Alternative Templates for Universal Mining”), implemented by the pool Ocean mining since last September 29, 2024, has already successfully … Read more

5 reasons will continue to drive gold, according to VanEck

Gold mining companies and investors are excited, VanEck says. Shares of mining companies have lagged behind the price of the metal. Investors are experiencing a true frenzy for gold, motivated both by macroeconomic measures in great powers such as the United States, as well as by the geopolitical conflicts that are shaking the world. Imaru … Read more

The war in the Middle East enters a new phase. How will it impact bitcoin?

The price of bitcoin has reacted calmly to Israel’s new attack on Gaza. Israel sees the end of the war close, while Iran sees the beginning of a new war phase. Financial markets, including bitcoin (BTC), have started today’s day on the rise, after the new geopolitical situation in the Middle East that changes the … Read more

“The crossover between AI and cryptocurrencies will strengthen in the coming years”: a16z

One of the technological and financial trends of the year is the integration of artificial intelligence (AI) with the cryptocurrency sector. According to investment firm a16z crypto, “the crossover between AI and cryptocurrency is set to strengthen in the coming years.” This is highlighted by a company reportwhich notes that AI is not only transforming … Read more

Kaspa mining strategy still not giving good results for Marathon

In June 2024, Marathon announced that it was mining Kaspa. The price of kaspa (KAS) has been trending sideways since May. Marathon Digital Holdings (MARA), the largest Bitcoin mining company in the world, has not yet managed to see fruits in its foray into mining kaspa (KAS), a cryptocurrency that promised high profit margins, but … Read more

Ethereum staking profitability plummets

So far this month, the profit of validators is only USD 86 million. The profitability of validating on Ethereum reached $2.24 billion at cycle peaks. The profitability of staking Ethereum is not at historic lows, but close. Data on-chain shows that in June there was a turning point in the profits of validators, who had … Read more