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Paddy Baker

Latest from Paddy Baker
Vitalik Buterin: Blockchains Will Discourage Monopolies, Not Create Them
Antitrust agencies should reconsider blockchains as they can help them fight monopolies, Vitalik Buterin and Thibault Schrepel argue in a new paper.

Andreessen Horowitz Forecasts Fourth Crypto Bull Cycle
a16z says high quality projects in the past cycle (some being startups in its own portfolio) will drive growth in the next.

Accel, Coinbase Join $17M Funding Rounds for Institutional Crypto Trading Firm FalconX
The crypto trading firm pitched investors on the basis that its best trade execution platform offers institutions a solution to the wash trading that is rife in the space.

Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain.

CZ's Twitter Feed Swayed New CoinMarketCap Ranking That Put Binance on Top
CoinMarketCap's new exchange ranking gives its new owner Binance a perfect score. The site's CEO said the decision was in part based on the Twitter "presence and feed" of the exchange's CEO.

Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.

Copper Claims New Tool Removes Credit Risk From Crypto Trading
Copper's ClearLoop tool lets two parties finalize all details of a trade before transferring the seller's assets to the buyer's possession, rather than force the seller to store these assets on an exchange.

Binance Quashes Upbit Hackers' Attempt to Launder Stolen Funds
Binance managed to see an alert and freeze the stolen funds in little more than half an hour.

Less Than 1% of FinCEN's Suspicious Activity Reports Since 2013 Mentioned Crypto
More than 70,000 crypto-related SARs had been filed with FinCEN since 2013, director Kenneth Blanco said Wednesday.

Exchange Run by Ex-Morgan Stanley Team Drops Trading Fees for Subscription Model
The subscription model offers smaller frequent traders a flat fee monthly, something normally only major clients get.
