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Chainlink Labs offers Proof of Reserve service for embattled exchanges
10.11.2022
The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...
Binocs launches Australian Crypto exchanges app
10.11.2022
While cryptocurrency market surges are seen in Australian crypto investors and traders, the Australian Tax Office(ATO) has imposed a few rules and regulations concerning the taxation of crypto exchanges. Although the crypto gains are subject to Capital Gains Tax, the income is considered among...
FTX and Binance’s ongoing saga: Everything that’s happened until now
10.11.2022
The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
9.11.2022
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto....
Binance’s victory over FTX means more users moving away from centralized exchanges
9.11.2022
Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users
Binance-FTX Deal Will Bring Regulatory 'Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
9.11.2022
The executive director discusses why Bahamas-based crypto exchange FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges going forward. U.S. Rep. Jim Himes also weighs in
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
Binance to Provide Proof-of-Reserves Following FTX Bust – Other Exchanges to Follow Suit?
9.11.2022
Major crypto exchange Binance will follow Gate.io 's and Kraken's example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao.
Zhao, known as CZ, tweeted on Tuesday evening (UTC time) that Binance would "soon" start to do proof-of-reserves, arguing that:
"All crypto exchanges...
Que són y cómo funcionan los tokens emitidos por exchanges
9.11.2022
En los últimos días, la incertidumbre que despertó FTT, el token emitido por el exchange FTX, dejó a muchas personas preguntándose cómo funcionan y qué les da valor. Aquí te lo explicamos
Crypto Exchanges Scramble to Compile 'Proof-of-Reserves' as FTX Contagion Grips Markets
9.11.2022
Seven crypto exchanges said they will publish proof of their reserve holdings in the next month
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
These Four Key Charts Shed Light on the FTX Exchange's Spectacular Collapse
9.11.2022
Nansen’s on-chain metrics suggest several reasons why FTX decided to sell itself to Binance
Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
8.11.2022
BNB, an exchange token used within the Binance trading environment, jumped 20%, leading a broad rebound in crypto markets that had been in freefall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Soros-Backed Argentine Neobank Uala Launches Cryptocurrency Trading Services
8.11.2022
Uala, an Argentine neobank backed by George Soros, has launched cryptocurrency trading services for its users in Argentina. Customers of the company with the highest loyalty levels are now able to trade, purchase, and sell bitcoin and ether through Uala’s platform. The service is expected...
Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration
7.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana...
What are crypto whale trackers and how do they work?
6.11.2022
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report
6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...