CZ responds to mainstream FUD, and Solana goes down again — Watch The Market Report live

This week connected The Market Report, the nonmigratory experts astatine Cointelegraph sermon the caller fear, uncertainty and uncertainty (FUD) astir the fashionable cryptocurrency speech Binance and what the CEO of Solana had to accidental astir caller outages. 

We footwear things disconnected with this week’s apical stories

Binance CEO responds to Forbes claims: ‘They don’t cognize however an speech works’

In the aftermath of the FTX collapse, Forbes published an article focused connected the caller “shuffling” of funds by the Binance cryptocurrency exchange. However, the pursuing time connected Feb. 28, Binance co-founder and CEO Changpeng “CZ” Zhao took to Twitter to respond. Our experts measurement successful connected what CZ had to accidental and besides what precisely the FUD surrounding Binance was. If you are a Binance user, should you beryllium worried?

Solana CEO hoses down claims web outages caused by on-chain voting

Anatoly Yakovenko, laminitis and CEO of Solana Labs, has denied claims that Solana’s web outages were being caused by a precocious measurement of validator messages and its on-chain voting strategy clogging its statement layer. While the Solana Foundation confirmed successful a Feb. 27 post that the “root cause” of the recent 20-hour web outage is inactive unclear, the CEO responded to speculation that Solana’s determination to see on-chain votes arsenic transactions is simply a “massive plan flaw” that has led to its galore outages. We instrumentality a heavy dive into wherefore Solana has had truthful galore issues successful the past and continues to bash so. We besides instrumentality a look astatine immoderate of the responses from the crypto assemblage regarding the caller outage of the network.

Crypto lawyers occurrence Gensler implicit claims that each crypto are securities

Cryptocurrency lawyers person rebuffed comments made by the caput of the United States securities regulator, who claimed successful a caller interrogation that each cryptocurrency but Bitcoin (BTC) is a information that falls nether its jurisdiction. In a wide-ranging Feb. 23 New York Magazine interview discussing crypto, Securities and Exchange Commission Chair Gary Gensler claimed “everything different than Bitcoin” falls nether the agency’s remit. Gensler whitethorn assertion bid implicit the crypto sector, but unluckily for him and fortunately for the remainder of us, his sentiment is not the law. Our experts springiness you their unbiased opinions astir the comments made by Gensler.

Our experts screen these and different processing stories, truthful marque definite you tune successful to enactment up-to-date connected the latest successful the satellite of crypto.

Lastly, we’ve got insights from Cointelegraph Markets Pro, a level for crypto traders who privation to enactment 1 measurement up of the market. Our analysts usage Cointelegraph Markets Pro to place 2 altcoins that stood retired this week, truthful marque definite to tune successful to find retired which ones made the cut.

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