Binance CEO Changpeng “CZ” Zhao has addressed the recent regulatory pressure the exchange is facing in an open letter, in which he said more regulations are “positive signs” for the crypto industry.
Marshall Wace, a London-based hedge fund with $55 billion in assets under management, is reportedly planning to invest in the cryptocurrency sector by acquiring stakes in crypto companies that are at a late stage in their development.
The long-awaited London hard fork is set to launch on Ethereum’s mainnet on August 4, at block 12,965,000. The hard fork will introduce new upgrades to the network and is part of a roadmap leading to the release of Ethereum 2.0
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Top stories in the Crypto Roundup today:
- Binance CEO Responds to Regulatory Pressure Saying It’s ‘Positive’
- Hedge Fund Marshall Wace to Invest in Crypto
- Ethereum’s London Hard Fork to Launch on Aug. 4
- Daily Movers – AXS, KSM, CHZ
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