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Home Crypto Exchanges

CEX.IO February 2022 Media Report

by Crypto News Bay
April 1, 2022
in Crypto Exchanges
Reading Time: 4 mins read
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February 2022 was a breakout month for CEX.IO thought management. Dmytro Volkov, CEX.IO’s Chief Expertise Officer (CTO), was within the highlight for his evaluation of the biggest monetary seizure of bitcoin by the U.S. Justice Division on February 1, revealed by Finance Magnates. Together with Volkov, different CEX.IO leaders reminiscent of Will Evans, CEX.IO Managing Director, the Americas, and Konstantin Anissimov, Managing Director, U.Ok., appeared in notable media retailers all through the month.

This version of the media report options our prime 5 media hits that went stay in February 2022:

On February 18, 2022, Finance Magnates revealed a report on the seizure of $3.55 billion price of bitcoin from the 2016 Bitfinex hack, by U.S. authorities. Finance Magnates is a worldwide supplier of multi-asset buying and selling information, analysis, and occasions with a particular give attention to digital buying and selling, banking, investing, and expertise. Within the report, CEX.IO’s Chief Expertise Officer, Dmytro Volkov offered his trade experience on the occasions main as much as the arrest of the alleged thieves, and the way Bitcoin’s underlying expertise made it doable.

“It’s tough to launder crypto due to the immutable nature of ledger transactions,” defined Volkov. For the reason that blockchain is a preserved ledger of transactions distributed to the general public, the on-chain motion of the hacked bitcoin caught the eye of U.S. authorities.

Whereas the New York couple who allegedly tried to launder the hacked bitcoin are in custody, many hackers are utilizing different subtle strategies to cover their digital footprint. Volkov explains, “Though digital footprints are tough to hint, constant proactive efforts to remain a step forward of cybercrime are completely important to the continued success and development of crypto ecosystems.”

On February 15, 2022, Will Evans, CEX.IO Managing Director, The Americas, appeared on TD Ameritrade’s televised community. The community is owned by TD Ameritrade, a dealer identified for its digital buying and selling platform. Evans mentioned a few of the forces influencing bitcoin’s worth with host Nicole Petallides.

“The bitcoin market continues to be challenged by quite a few macro headwinds,” defined Evans. “From the anticipated tightening of the Fed coverage in March. The geopolitical tensions in Ukraine, and naturally unsure regulatory paths.” 

Regardless of the crypto market lows, Evans stays bullish on bitcoin, explaining that every backside out there has been adopted by an uptrend. To observe and take heed to extra of Evans’ tackle the bitcoin market and bitcoin futures, checkout the total episode on the TD Ameritrade Community. 

On February 17, CoinDesk revealed an Op-Ed by Konstantin Anissimov, CEX.IO Government Director of the U.Ok. CoinDesk is a trusted, main media platform that covers the monetary system and rising crypto financial system. 

The opinion piece written by Anissimov focuses on the Ethereum community, its costly gasoline charges, and the position the community has performed in DeFi. In response to the risky and dear gasoline charges wanted to transact on Ethereum (ETH), initiatives like Solana and the Binance Good Chain (BSC) community have emerged as cheaper alternate options. Whereas these alternate options have gained some traction, Anissimov explains, ETH is broadly considered the superior possibility. 

“Decentralization is essential for community safety and stopping a sequence from being hijacked by these validating it,” Anissimov explains. “This doesn’t imply different chains are much less decentralized, essentially. However with different chains, validators have a better likelihood of individually or collectively working to reorganize blocks, reverse transactions and perform different malicious actions. A comparative evaluation of Ethereum and its closest rivals illustrates that it’s the most decentralized sensible contract blockchain within the house.” 

On February 1, Expertise Journal, a digital media platform that covers the worldwide tech trade, included CEX.IO in its checklist of prime cryptocurrency trade platforms. The article stresses the importance of choosing the proper trade in your wants, and figuring out supported currencies, pricing, withdrawal choices, and total safety.

On the worldwide checklist, Expertise Journal talked about CEX.IO’s longevity within the trade. Shaped in 2013, at the moment CEX.IO serves over 4.5 million prospects worldwide as a regulated multi-functional cryptocurrency trade. The article highlights CEX.IO’s innovation as the primary crypto buying and selling platform to grant prospects the flexibility to conduct fiat-to-crypto transactions. Based on the article, “CEX.IO is broadly thought-about the perfect cryptocurrency buying and selling platform for these seeking to begin buying and selling cryptos from scratch.”

On February 17, CEX.IO issued a press launch discussing the hiring of two new senior executives and the addition of 30 new altcoins and staking performance to its U.S. choices. The PR was syndicated by Benzinga, a dynamic monetary media outlet that gives customers with enterprise information, inventory analysis, and complex technical evaluation instruments like inventory screeners. 

The press launch additionally coated the addition of two new senior members to the CEX.IO staff, together with Joel Kosloski as Chief Info Safety Officer (CISO) and John Werneke as Chief Product Officer. “Joel and John convey the mix of product, safety and expertise expertise important to drive our international development,” mentioned Will Evans, CEX.IO Managing Director, The Americas. “With their experience, we are able to proceed to supply probably the most diversified breadth of property prospects need, on a regulated platform that’s dependable and safe.”

 



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