CMQTelegram has launched Fragment, a username auction platform built on the TON blockchain
Telegram founder Pavel Durov said in a message on the app early this morning that, as previously promised, the ability to buy Telegram usernames on the dedicated platform Fragment has now been rolled out and the username auction has begun. Additionally, the ability to sell existing usernames on Fragment will roll out in a few days. Pavel Durov said that this is the first time in the history of social media to create a fair and transparent username market, people will have ownership of their s...
CMQBasel Committee on Banking Supervision Approves Crypto Banking Rules to be Implemented in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on Jan. 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets and usually less than 1%. These specific assets are tokenized traditional assets, including NFTs, stablecoins, and unsecured cryptoassets that do not qualify for ...
CMQThe bottom 20% employees of Binance this year may not have year-end bonuses
According to Wu said, Binance has suspected that it has announced that the bottom 20% of employees in this year’s performance ranking will not have year-end bonuses. Some teams have announced this news to employees, but there has been no company-level notification. It is uncertain whether the policy will change in the future. Binance bonuses will be distributed before the Spring Festival. Last year, some Binance team bonuses even exceeded 20 months. Since the beginning of this year, the globa...
CMQ
CMQTelegram has launched Fragment, a username auction platform built on the TON blockchain
Telegram founder Pavel Durov said in a message on the app early this morning that, as previously promised, the ability to buy Telegram usernames on the dedicated platform Fragment has now been rolled out and the username auction has begun. Additionally, the ability to sell existing usernames on Fragment will roll out in a few days. Pavel Durov said that this is the first time in the history of social media to create a fair and transparent username market, people will have ownership of their s...
CMQBasel Committee on Banking Supervision Approves Crypto Banking Rules to be Implemented in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on Jan. 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets and usually less than 1%. These specific assets are tokenized traditional assets, including NFTs, stablecoins, and unsecured cryptoassets that do not qualify for ...
CMQThe bottom 20% employees of Binance this year may not have year-end bonuses
According to Wu said, Binance has suspected that it has announced that the bottom 20% of employees in this year’s performance ranking will not have year-end bonuses. Some teams have announced this news to employees, but there has been no company-level notification. It is uncertain whether the policy will change in the future. Binance bonuses will be distributed before the Spring Festival. Last year, some Binance team bonuses even exceeded 20 months. Since the beginning of this year, the globa...
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FTX’s derivatives unit withdrew a proposed plan to directly settle crypto derivatives products from the Commodity Futures Trading Commission (CFTC) on Friday after FTX filed for bankruptcy protection, Bloomberg reported, citing people familiar with the matter. FTX, which acquired LedgerX in 2021, subsequently launched its business as FTX US Derivatives, and filed a plan earlier this year for direct settlement of cryptocurrency derivatives without going through an intermediary. The move was opposed by traditional financial institutions such as the Chicago Board Options Exchange, warning of potential investor protection issues. According to previous news, FTX US Derivatives CEO Zach Dexter said that it will be completely independent of FTX US, and the cash reserve will be sufficient for at least one year. In addition, FTX.com, FTX US, Alameda Research and about 130 other affiliates filed for Chapter 11 bankruptcy reorganization Friday, excluding subsidiaries LedgerX, FTX Digital Markets, FTX Australia and FTX Express Pay .
FTX’s derivatives unit withdrew a proposed plan to directly settle crypto derivatives products from the Commodity Futures Trading Commission (CFTC) on Friday after FTX filed for bankruptcy protection, Bloomberg reported, citing people familiar with the matter. FTX, which acquired LedgerX in 2021, subsequently launched its business as FTX US Derivatives, and filed a plan earlier this year for direct settlement of cryptocurrency derivatives without going through an intermediary. The move was opposed by traditional financial institutions such as the Chicago Board Options Exchange, warning of potential investor protection issues. According to previous news, FTX US Derivatives CEO Zach Dexter said that it will be completely independent of FTX US, and the cash reserve will be sufficient for at least one year. In addition, FTX.com, FTX US, Alameda Research and about 130 other affiliates filed for Chapter 11 bankruptcy reorganization Friday, excluding subsidiaries LedgerX, FTX Digital Markets, FTX Australia and FTX Express Pay .
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