Business

Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0

[ad_1] Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.On Oct. 26, the Bloomberg Billionaires Index cut Binance’s revenue estimates by 38% amid a slump in exchange volumes which knocked Zhao down to 95th place on the rich list.Zhao’s net worth is now a paltry $17.3 billion, registering an 82% drop from its $96.9 billion peak
BLOCKCHAIN

Neo Develops EVM-Compatible Sidechain To Prevent MEV Attacks

[ad_1] Source: Pixabay Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In a press release shared with CryptoNews, Neo revealed that its sidechain will offer full interoperability with Neo N3 (Mainnet), retaining key Neo features, including the
Business

Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey

[ad_1] The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to 24, the cost of buying one Bitcoin has reached all time-highs when using the Argentine peso (ARS), Nigerian naira (NGN), Turkish lira (TRY), Laotian kip (LAK) and the Egyptian pound (EGT).#Bitcoin just hit an all-time high in Argentina, Turkey and Nigeria. pic.twitter.com/sKRNUaBMX8— Miles Deutscher (@milesdeutscher)
Business

Is Bitcoin overheated? Some believe the answer is hiding in PEPE

[ad_1] Could Bitcoin (BTC) be headed for an imminent pullback? Some crypto market observers believe the answer could be hiding within the price action of a frog-themed memecoin.In an Oct. 27 post on X (formerly Twitter), Onchain Capital co-founder and Crypto Banter host Ran Neuner suggested that memecoin Pepe (PEPE) is a strong indicator of overblown crypto market fever. If you want to know when a pull back is coming,