Express

FTX CEO: All Major Blockchain Networks Are Super Secure

Mary Liu

Summary: During the crypto hearing held by the House Financial Services Committee on Wednesday, FTX CEO Sam Bankman-Fried (SBF) stated that the U.S. crypto market needs more liquidity and price discovery. The open positions of FTX and other major exchanges are completely transparent. In response to a question posed by Congressman Ritchie Torres (D-NY), SBF stated ...

During the crypto hearing held by the House Financial Services Committee on Wednesday, FTX CEO Sam Bankman-Fried (SBF) stated that the U.S. crypto market needs more liquidity and price discovery. The open positions of FTX and other major exchanges are completely transparent.

In response to a question posed by Congressman Ritchie Torres (D-NY), SBF stated that "all major blockchain networks are super secure." 

Bankman-Fried also talked about the impact of supercomputers on the blockchain: "It has the potential to create faster and more efficient new cryptographic algorithms."

By Mary Liu

Last Update:

Tags: ,,
Link: FTX CEO: All Major Blockchain Networks Are Super Secure   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 10 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 17 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 20 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 23 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 27 days ago

    • You need to login to comment.