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🦎🚀 Goodbye CZ 👋

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

CZ Steps Down

 

Changpeng Zhao, known as "CZ," has officially stepped down as CEO of Binance, according to his tweet on Tuesday. This announcement comes as the United States Department of Justice revealed charges against Zhao and the exchange.
 
Richard Teng, formerly Binance's Global Head of Regional Markets, will assume the role of CEO.

 

In other news, the founder of Blur has launched a new Layer-2, Kinto makes the jump to Arbitrum, and a new stablecoin arrives for the Kiwis.
 

Read on! 

24h Hot Searches Worldwide 🔥

Exciting News: We've Acquired Zash🦎🚀

 

We're expanding our crypto data API offering with our first-ever acquisition of industry-leading NFT data infrastructure & intelligence company, Zash.

WhiteBIT's B-Day Is in Full Swing

 

WhiteBIT's crypto exchange is still celebrating its 5th birthday, and you haven't joined yet? 60 000 USDT in prizes are waiting, don't miss out! There are three ways to celebrate & win, pick yours:

1. Complete five simple steps;

2. Participate in 2 trading tournaments;

3. Or bring your friends.


Choose the way, or combine them all. After all, you set the level! Join to find out all the details and start having fun!

 
There are several ways that attackers can use to compromise the Ethereum network. Find out how Ethereum can defend itself in this video.

In for A Blast

 

Ethereum Layer 2 solution, Blast, has officially launched in early access mode, backed by a $20 million investment from investors including Paradigm and Standard Crypto.
 
Blast aims to be the first Ethereum Layer-2 platform to introduce a native yield model. 

 

Notable participants in the funding round include Hasu, the strategy lead at Flashbots, and Foobar, the CEO of Delegate, along with members of the investment group eGirl Capital.
 

The Block

Switching Solutions

 

Ethereum Layer-2 solution Kinto, has shifted to the Arbitrum ecosystem using the Arbitrum Nitro technology stack. 
 

This move follows the launch of its testnet on Optimism's OP Stack in May.
 
The decision to migrate was influenced by changes in the structure of the Arbitrum Orbit ecosystem, providing the Arbitrum Foundation with increased autonomy in managing Layer-2 deployments.
 

The Block

New Stablecoin for New Zealand

 
Crypto exchange Easy Crypto has teamed up with Labrys, an Australian blockchain development firm, to launch a new stablecoin pegged to the New Zealand dollar, known as the New Zealand Dollar Stablecoin.
 

The stablecoin will be backed at a 1:1 with cash held in a trust regulated by the New Zealand Financial Markets Authority.

  

Although the stablecoin will make its debut on Ethereum, there are already plans to expand to other networks such as Polygon, BNB Chain, and Base.

 

Cointelegraph

 

Learn about the state of cryptocurrency in Nigeria and what the top exchanges in the country are.

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