20 min listen
Poloniex leaves Circle & the USA / Binance 125x leverage / BIS says BTC failed & stabelcoins a threat
FromThe Breakdown
Poloniex leaves Circle & the USA / Binance 125x leverage / BIS says BTC failed & stabelcoins a threat
FromThe Breakdown
ratings:
Length:
18 minutes
Released:
Oct 18, 2019
Format:
Podcast episode
Description
Circle is spinning out Poloniex and the exchange's new honors want to build away from the US. Is this more evidence of the "companies leaving US" narrative or just competitive pressure? Speaking of exchanges, Binance hit $1B in cumulative profit this week and announced 125x leverage because reasons. Finally, the big boss of the financial system Bank of International Settlements released a paper effectively calling bitcoin a failure but identifying private stablecoins like Libra as a threat. Watch: https://www.youtube.com/nathanielwhittemorecrypto Subscribe via email: https://nlw.substack.com/
Released:
Oct 18, 2019
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.29 | Lightning Network vs. surveillance / US Congress response to de-Americanization / Paradigm shifts: Weekly countdown of the 5 most important essays and threads from the week before on Long Reads Sunday. This week featuring Lightning Network vs the encroaching surveillance state; a US Congressman's response to Circle leaving the US; a hot take on the... by The Breakdown