With college again in session and the occasions of one other summer season recorded on life’s ledger, it’s time to replicate on one other month of constructive, impactful thought management contributed by CEX.IO’s devoted crew of specialists. Whether or not you’re weathering the results of one other crypto winter or looking for steering to find out the following steps alongside your DeFi journey, our August PR outcomes left fairly a mark throughout a notoriously sluggish media month.
On August 2, CEX.IO’s World Head of Compliance, Shelley Schachter-Cahm, joined a dialogue with TabbFORUM to discover how the crypto ecosystem may benefit from better investor protections on the particular person and enterprise degree. Highlighting the twin affect of actual and perceived threat, Schachter-Cahm addressed the necessity to eradicate the present patchwork strategy to regulation in favor of cementing international safeguards and options.
“What instantly stands out for me is the shifting regulatory panorama forcing regulatory arbitrage and in some excessive instances, companies relocating their consumer companies to new entities or jurisdictions. In-built task or non permanent cowl could be extremely worthwhile for crypto asset companies, in addition to enhancing an underwriting understanding of the present crypto market ‘drain’ place.”
On August 3, CEX.IO’s COO, Konstantin Anissimov, spoke with Forbes Advisor about how the Solana community goals to problem Ethereum’s sensible contract supremacy by making use of novel concepts to established expertise. By retooling a conventional proof of stake consensus protocol to incorporate proprietary modifications, Anissimov outlined how Solana provides a forward-looking, cost-efficient answer to the blockchain trilemma.
“Not like the sooner proof of labor mechanism, proof of stake makes use of staking to outline the following block. Staked tokens are held as collateral by the blockchain till validators attain a consensus in regards to the chain’s subsequent block. In accordance with Konstantin Anissimov, chief working officer at crypto trade CEX.IO, Solana makes use of ‘a mix of time-tested cryptographic methods and recent improvements to handle the shortcomings of crypto’s first-wave options.’”
TabbFORUM: Panic, Concern, Hope, and Despair: Psychological Phases of the Crypto Market Crash
On August 11, CEX.IO founder and CEO Oleksandr Lutskevych appeared in TabbFORUM to unpack the grief levels of a crypto crash, and argue for a brighter outlook as soon as the smoke has cleared. Citing previous examples of firms that rose to grow to be behemoths after intervals of contraction, Lutskevych described a leaner, extra strong crypto ecosystem on the opposite facet of this downturn.
“As we speak’s crash will see the exit of many tasks and gamers that by no means had a official long-term worth proposition within the first place. We’re coming into a purging interval that should happen. In any case: garments don’t get clear with out the agitator within the wash cycle. Likewise, immediately’s market cleaning could also be uncomfortable. However as soon as this cycle runs its course, the standard tasks and platforms will stay.”
On August 22, CEX.IO’s World Head of Communications, Becky Sarwate, sat down with HAASONLINE to debate challenges dealing with the evolving crypto panorama, and the way a trusted legacy can unlock new alternatives. Regardless of the unpredictability of present market situations, Sarwate spotlighted the human triumph of CEX.IO’s Donation Widget as a testomony to the liberating energy of decentralized finance to fight international struggling.
“As a human being in addition to a crypto skilled, I believe the continuing conflict in Ukraine this yr has given us all a reminder of how small the world is, and the way nice our duty to one another. Decentralized monetary entry has been a lifeline to war-torn refugees fleeing for security, in addition to a strong engine for elevating funds for humanitarian reduction. I’m very happy with this. CEX.IO has made it straightforward to assist vital organizations saving lives on the bottom in Ukraine by its Donation Widget.”
