CEX.IO February 2022 Media Report

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 most important monetary seizure of bitcoin by the U.S. Justice Division on February 1, printed by Finance Magnates. Together with Volkov, different CEX.IO leaders similar to 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 high 5 media hits that went reside in February 2022:

On February 18, 2022, Finance Magnates printed 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 world supplier of multi-asset buying and selling information, analysis, and occasions with a particular give attention to digital buying and selling, banking, investing, and know-how. Within the report, CEX.IO’s Chief Expertise Officer, Dmytro Volkov offered his business experience on the occasions main as much as the arrest of the alleged thieves, and the way Bitcoin’s underlying know-how made it attainable.

“It’s tough to launder crypto due to the immutable nature of ledger transactions,” defined Volkov. Because the 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 crucial 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 recognized for its digital buying and selling platform. Evans mentioned a number 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 look at and hearken to extra of Evans’ tackle the bitcoin market and bitcoin futures, checkout the complete episode on the TD Ameritrade Community. 

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

The opinion piece written by Anissimov focuses on the Ethereum community, its costly gasoline charges, and the function the community has performed in DeFi. In response to the unstable 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 choice. 

“Decentralization is vital 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 various chains, validators have a larger 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 good contract blockchain within the area.” 

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

On the worldwide listing, Expertise Journal talked about CEX.IO’s longevity within the business. Fashioned 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 one of the best 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 lined the addition of two new senior members to the CEX.IO workforce, together with Joel Kosloski as Chief Data Safety Officer (CISO) and John Werneke as Chief Product Officer. “Joel and John deliver the mix of product, safety and know-how expertise important to drive our international development,” mentioned Will Evans, CEX.IO Managing Director, The Americas. “With their experience, we will proceed to supply probably the most diversified breadth of belongings prospects need, on a regulated platform that’s dependable and safe.”