Author: Cointelegraph By Gareth Jenkinson

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Animoca’s Yat Siu bullish on TON partnership as Bitcoin sets strong foundation for 2024

Animoca Brands co-founder Yat Siu is confident that a number of investments and partnerships could prove fruitful in 2024 as mainstream institutional interest in Bitcoin (BTC) gathers steam. Speaking exclusively to Cointelegraph at the Next Block Expo event in Berlin, the chairman of the gaming venture capital firm highlights some 70 investments made in 2023…
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Binance’s explosive growth led to compliance failures

“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains. Despite that, the incumbent CEO of Binance cuts the figure of a man reveling in the challenges ahead. Speaking to Cointelegraph just two weeks after taking over from outgoing CEO Changpeng ‘CZ’ Zhao, Teng seems…
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Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz

Binance’s $4.3 billion settlement with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz. In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that the high-profile settlement should assuage…
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Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion

A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet Computer Protocol (ICP). Developed off the back of the creation of Bitcoin Ordinals in early 2023, Bioniq operates on the ICP and taps into its native Bitcoin integration to power…
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Binance, CZ paid for defying financial, political status quo: Arthur Hayes

The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes.  Hayes delved into the recent $4.3 billion settlement paid out by Binance in a lengthy Substack blog. This comes after the exchange and…
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Tether, Bitfinex agree to drop opposition to FOIL request

Tether and Bitfinex have jointly agreed to drop initial opposition to a freedom of information (FOIL) request lodged in New York by a number of high-profile news publications. A statement from the USDT stablecoin issuer and cryptocurrency exchange shared with Cointelegraph notes that it is committed to transparently sharing information following a FOIL request from…
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Dutch exchange Bitvavo cleared to operate in France

Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF). The expansion into France comes just weeks after Bitvavo secured regulatory approval to offer its services in Austria. The exchange expanded its offering to Italy in…
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FTX collapse, Binance’s US settlement provide strong case for MiCA regulations

The collapse of FTX in 2022 and Binance’s recent $4.3-billion settlement with United States authorities provide a strong argument for the provisions of the European Union’s Markets in Crypto-Assets (MiCA) legislation, a European Commission official said in an interview. Ivan Keller, policy officer for the European Commission, spoke to Cointelegraph at the MoneyLIVE conference in…
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Did Binance's CZ predict his own downfall?

An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth. Source link

AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder

Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin (BTC) miners are not jumping on the bandwagon just yet. Speaking to Cointelegraph journalist Joe Hall at Web Summit 2023 in Lisbon, Portugal, Heatbit founder Alex Busarov believes that mining farms, data…
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