Indholdsfortegnelse
US SEC Struggles to Hire Crypto Experts
US Securities and Exchange Commission (SEC) is encountering difficulties in recruiting specialists in crypto assets due to various challenges. A new report from the agency’s Inspector General’s Office highlighted issues such as a limited candidate pool, competition with offers from the private sector, and conflicts with rules that prohibit the holding of cryptocurrencies.
Decrease in Crypto Threats on BNB Chain
Crypto threat intelligence company Hashdit and AvengerDAO reported a 37% decrease in fiat losses on the Binance Smart Chain (BSC) in Q3 compared to the previous quarter. Additionally, there were fewer hacks during this period, positioning BSC as the fourth chain in terms of total fiat losses.
Platform Implements FM Liquidity Match
Digital Asset Management Limited (DAMEX) integrated FM Liquidity Match into its trading technology stack. The platform allows businesses to buy and sell digital assets using fiat or stablecoins, leveraging multiple liquidity sources to ensure competitive rates.
Binance’s Dominance Weakens
Binance remains the leading centralized exchange but has experienced a decrease in its trading volume, with other exchanges gaining momentum. The 2023 CEX Market Report from 0xScope indicated a weakening of Binance’s dominant position, with OKX emerging as the second-largest exchange for spot and derivative trading.
Bitget’s Protection Fund Valuation Report
Bitget released its Protection Fund Valuation Report, stating that the fund’s value averaged $357 million in October 2023. The fund, which includes a diversified portfolio of high-liquidity cryptocurrencies, experienced a surge in value primarily driven by the volatile nature of bitcoin prices.
Conclusion
The cryptocurrency and blockchain space continues to evolve, with ongoing challenges and developments impacting the industry. From recruiting difficulties at the SEC to fluctuations in trading volumes, the market landscape remains dynamic. As security measures and trading platforms adapt to these changes, the industry is poised for continued transformation and growth.
