DeFi News Daily Official TheBitTimes.com

1. Bitcoin White Paper’s 16th Anniversary on October 31 link October 31 marks the 16th anniversary of the Bitcoin whitepaper’s release. On this date in 2008, Bitcoin’s mysterious and anonymous creator, Satoshi Nakamoto, introduced the world to this cryptocurrency and its applications. The nine-page paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” laid out the foundational structure of the Bitcoin network. 2. CZ Attends Binance Blockchain Week, Expresses No Interest in Returning as CEO link On Thursday, CZ made an appearance at the Binance Blockchain Week event and delivered a keynote speech. He stated that he has no intention of returning to his role as Binance CEO and is currently focused on two main areas: education and investment. His investments span blockchain, AI, and life sciences. CZ also shared that life in detention was “not good,” as he had no freedom, but he gained new perspectives. He humorously noted that some guards asked him which cryptocurrencies to buy...

Now defunct Silvergate bank allowed Guangying Chen, a close associate of Changpeng Zhao, to control the accounts between 2019 and 2020, according to records from those years. advertisement Binance and its US affiliate both are under investigation in the US for a slew of alleged crimes, including facilitating money laundering and tax offenses. Binance claims its US arm is completely independent Binance has repeatedly claimed that its US arm operates independently from Binance and only Binance .US employees have access to Binance .US bank accounts. However, messages reviewed by Reuters reveal that Binance .US employees had to ask Chen’s team to process payments, even the payroll of the employees. The report further reveals that Chen signed agreements with Silvergate to act as the “Primary Admin User” for the five bank accounts belonging to the US arm, including an account for corporate clients that later sent funds to Merit Peak, a ...