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CATEGORY: evidence


May 13, 2025 06:00

Federal Authorities Reject Allegations of Withholding Evidence in Samourai Wallet Legal Battle

The Federal Reserve recently announced that the Financial Crimes Enforcement Network (FinCEN) has praised Samourai Wallet for promptly disclosing vulnerabilities in its system. This acknowledgment highlights the importance of transparency and collaboration in the cryptocurrency industry to ensure the security and integrity of users’ funds. Samourai Wallet, known for its emphasis on privacy and security, [...]

Mar 26, 2025 05:50

Discover the Evidence: Altcoin Season is Here

Altcointelegraph.com published an intriguing piece exploring the possibility that altcoin season may already be upon us. The article delves into data analysis suggesting that the rise of altcoins is underway. The evidence presented in the article offers valuable insights into the current trends in the cryptocurrency market. The analysis centers around the performance of various [...]

The post Discover the Evidence: Altcoin Season is Here appeared first on Crypto Breaking News.

May 30, 2023 05:50

Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident

Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt withdrawal activity for the time being. British Virgin Islands-Based Digital [...]

The post Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident  appeared first on Crypto Breaking News.

Jun 25, 2023 10:30

End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis

Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of Bitcoin. However, none of them have succeeded in providing substantial evidence or convincing the wider crypto community. Interestingly, it has been [...]

The post End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis appeared first on Crypto Breaking News.

CZ’s latest blog post just the latest evidence he leads with a big heart

Author: noreply@blogger.com (Unknown)
United States
Sep 01, 2022 11:10

CZ’s latest blog post just the latest evidence he leads with a big heart

We live in an online world. It’s also an age where hot takes are rewarded with controversy, clicks and engagement. Generalisations are sweeping. “Likes” are the new currency. My Mum likes to say that if you don’t have anything nice to say, don’t say anything at all. That rule doesn’t apply to Twitter, however, where keyboard cowboys go to war with fellow anonymous characters daily.

On the weird and wonderful corner of Twitter that is crypto Twitter, this is never more apparent. Binance CEO Changpeng Zhao, commonly known as CZ, posted a wonderful blog post this morning which caught my eye as I read it over my overnight oats (the best breakfast around).  

Tribal atmosphere

He tells an anecdote from just last week, when a journalist for the Washington Post named Jacob Silverman randomly asked a Binance executive about a figure named Guangying Chen.

I have written one story for the Washington Post about Binance. It's the biggest crypto exchange in the world. There's a lot to write about. I am also reporting on FTX and many other crypto industry players.

While I have you here, who's Guangying Chen?

— JacobSilverman.shill (@SilvermanJacob) August 25, 2022

CZ wrote about this as part of a wider discussion on the scourge of false media and attacks on other companies in the crypto space. He said that it was “emblematic of the disdain that our employees face on a daily basis in both the East and West”.

Indeed, it is part of a worrying trend in the crypto world. The atmosphere can at times be intensely tribal, with advocates of certain companies tearing down others, or proponents of one coin going after another.

I experienced this first hand a few weeks ago when I tweeted a picture of me paying a taxi driver in Bitcoin on the Lightning network on my trip to El Salvador. All of a sudden, my inbox filled up with angry proponents of Bitcoin Satoshi Vision (BSV), a forked alternative of Bitcoin.

“Idiot don’t get how it works ur embarrassing urself with sidechain do some research” one DM (from an anonymous account, of course) read.

Landed in El Salvador at 2 AM. Taxi from airport to accom in city ended up being nearly an hour.

Loaded the lightning wallet up with 1.5 million sats ($350)

"Puedo pagar con Bitcoin?"

"Si"

130k sats ($30) sent to taxi driver and my first real-world BTC transaction was done ???? pic.twitter.com/8WztC1aOpJ

— Dan Ashmore (@DanniiAshmore) August 4, 2022

Abuse can be tiring, but misinformation is even more dangerous. CZ alludes to this too in his post.

We’ve even seen crypto exchanges and projects create their own “news” sites to bash competitors, and these sites are now frequently miscategorized as independent news sources by Google News. I would laugh too, if it wasn’t so serious and disheartening how often I had to explain the differences between an organization like CoinGeek versus CoinDesk to people in positions of real power

CZThis hurts the whole industry

This really does harm the industry at large. There is no need to fight so vitriolically against one another. CZ understands this. He is notably graceful and respectful to other projects, often encouraging what they are doing in the space. One gets the impression he really cares about building, developing and innovating in the crypto world.

Let us not forget how important it is for a leader to show humility and be willing to learn from rivals and peers in the space, rather than dismiss them – or in this case, bash them. The Terra death spiral is still fresh in the minds of many.

I wrote about the head of that project, Do Kwon, many times in the run-up to the events which sent Luna death spiralling to zero. Each of those times, I was berated as spreading “FUD”, told I was “NGMI” (not gonna make it) or declared as a bitter outsider jealous of the Luna investors’ outrageous gains, as I questioned Do Kwon’s arrogant and dismissive attitude to critics and other projects.

This is not me flexing, by the way. In truth, I held UST, selling for a loss as the peg began to capitulate.

I don’t debate the poor on Twitter, and sorry I don’t have any change on me for her at the moment.

— Do Kwon ?? (@stablekwon) July 1, 2021Cheng Zhao humility

CZ goes on in his blog post to tell his inspiring story of how he left China and settled in Canada. Taking shifts outside the embassy – the line was 3 days long – he got his Canadian passport and opportunities began to open up for him.

It’s a heart-warming read and it’s easy to see how he has retained memories of where he came from. Turning into a serial entrepreneur, it’s clear he has drawn upon this resilience and perspective in building Binance into the leading crypto exchange.

Anyone who is familiar with his tweets or talks will likely agree. CZ does not come across as an out-of-touch crypto billionaire. He does not come across as someone in it for the money. You get a feeling he knows the world can be nasty at times but he is fighting as hard as he can to make it a better place for all.

Binance’s growth to date has been meteoric, and even with the macro environment turning and layoffs flooding across the industry, it has held firm. I believe a lot of that comes from the management behind the scene and the people running it.

When it comes to investing, don’t underestimate the importance of a CEO who has a good head on their shoulders and keeps their feet on the ground. Binance has that.

 If you don’t believe how vital it is, just ask any Luna investors.  

The post CZ’s latest blog post just the latest evidence he leads with a big heart appeared first on Invezz.



from Cryptocurrency – Invezz

Feb 04, 2022 05:25

‘I See Evidence of a Lot More Institutional Adoption’ – Featured Bitcoin News

The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company Microstrategy discussed […]

SBF upset by criminal trial's late evidence while FTX seeks sale of AI stock

Author: Cointelegraph By Martin Young
United States
Jun 07, 2023 08:20

SBF upset by criminal trial's late evidence while FTX seeks sale of AI stock

Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers.

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