Zero Ex
Zero Ex

Zero Ex

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Former Coinbase Manager Settles with SEC over Insider Trading

5 Apr 2023 2 minute read 10 comments ZeroRequiem

Hey Peeps!     On April 3rd, a document was filed into U.S. District Court for the Western District of Washington and stated that the U.S. Securities and Exchange Commission (SEC) and former Product Manager of Coinbase, Ishan Wahi, have "an agreemen...

Commit your ALGO to Become a Governor - Algorand Governance: Period 7

4 Apr 2023 1 minute read 8 comments ZeroRequiem

Hey Peeps!     Algorand Governance Period 7 has started and I thought it would be a good idea to write about it while the Governor registration period is open. The registration period closes on April 21st, so don't procrastinate too long before comm...

Paxful Refunds All Users Affected by Celsius Bankruptcy

1 Apr 2023 2 minute read 16 comments ZeroRequiem

Hey Peeps!     On March 29th, Ray Youssef, the Founder and CEO of Paxful, announced that the peer-to-peer Bitcoin marketplace will be refunding all of their customers affected by the collapse of Celsius. The two crypto companies had a business partn...

Crypto is Not Useful to Society, Says Nvidia CTO

31 Mar 2023 2 minute read 15 comments ZeroRequiem

Hey Peeps!     During an interview for The Guardian, the Chief Technology Officer at Nvidia, Michael Kagan, stated that cryptocurrency does not "bring anything useful for society".  Kagan went even further and said he "never believed" crypto would "...

Crypto Laws Are Clear and Most Crypto Are Securities, Says SEC Chair Gary Gensler

30 Mar 2023 2 minute read 18 comments ZeroRequiem

Hey Peeps!     On March 29th, the Chair of the U.S. Securities Exchange Commission, Gary Gensler, testified at a budget hearing for the House Appropriations Subcommittee on Financial Services and General Government. When Gensler was asked, by Congre...

The $1 Billion Binance and Voyager Deal Halted by Federal Judge

29 Mar 2023 2 minute read 21 comments ZeroRequiem

Hey Peeps!     On March 27th, U.S. District Judge Jennifer Rearden granted the Government's emergency request to halt the Binance and Voyager deal, pending a final appeal.  This decision by the court was announced the same day that the Commodity Fut...

Binance Is Being Sued By The CFTC

28 Mar 2023 3 minute read 12 comments ZeroRequiem

Hey Peeps!     On March 27th, the Commodity Futures Trading Commission (CFTC) announced a lawsuit against Binance and CEO Changpeng "CZ" Zhao for “numerous violations of the Commodity Exchange Act (CEA) and CFTC regulations.” The lawsuit also names...

NFT Trader Accidentally Burns CryptoPunk Worth Over $129K

27 Mar 2023 2 minute read 14 comments ZeroRequiem

Hey Peeps!     On March 24th, an NFT trader named Brandon Riley, who goes by @vitalitygrowth on Twitter, accidentally burned CryptoPunk #685 and destroyed the NFT forever.  Burning a digital asset involves sending it to a wallet address from which i...

Binance Investigating Employees for Helping Chinese Customers Bypass KYC Verification

26 Mar 2023 2 minute read 8 comments ZeroRequiem

Hey Peeps!     According to CNBC report published on March 23rd, Binance employees have been helping Chinese customers to bypass the Know-Your-Customer (KYC) verification process needed to access the crypto exchange.    China banned crypto exchanges...

Sony and PlayStation are Making a Push into Web3 and NFTs

25 Mar 2023 1 minute read 24 comments ZeroRequiem

Hey Peeps!     On March 16th, it was revealed that Sony Interactive Entertainment Inc., the owner of the PlayStation brand, filed for an NFT-related patent. The patent submitted by Sony is seeking to create the digital framework to allow for NFTs to...