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Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...

Lessons we learned from the Terraform-FTX implosions

10.12.2022
The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom

Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped

10.12.2022
A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped

EU Lawmaker Kaili Suspended From Party in Corruption Scandal

9.12.2022
European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate crypto in Europe, has been suspended from her party in reaction to reports that she and others are allegedly tied to a wide-ranging corruption scandal involving illicit lobbying activity for Qatar

Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda

9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...

Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries

9.12.2022
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets

Data shows the Bitcoin mining bear market has a ways to go

9.12.2022
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations

Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'

9.12.2022
The suit claims that celebrity endorsements of Bored Ape Yacht Club NFTs and ApeCoin tokens resulted in financial loss for investors. Yuga Labs called the allegations ""opportunistic and parasitic."

Best Crypto to Buy Today 9 December – IMPT, TWT, D2T, GRT, RIA

9.12.2022
After Bitcoin's surge of 2.32% from the $16,800 support level yesterday, the cryptocurrency market seemed to regain its footing Friday in the $16,800 to $17,300 range. However, as risk asset markets took a turn downward in the afternoon, crypto markets followed the trend, with Bitcoin losing 0.43%...