Mexican crypto platform Bitso bets on transparency to reassure users in a post-FTX world

2022-11-26 04:30

Mexican crypto platform, Bitso, published a transparency roadmap to calm a cryptocurrency community wary of centralized custodians following the fall of major crypto exchange FTX. According to a Nov.

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crypto transparency bitso platform mexican following centralized

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Источник: btcmanager.com

crypto transparency → Результатов: 126

Crypto traders can avoid leaving money on the table | Opinion

By nurturing a culture of education and transparency, the crypto community can inch closer to a more secure and lucrative trading environment.

2023-10-21 16:21	Scam
crypto transparency inch community closer environment trading

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In Crypto We Trust: Binance Promises Greater Transparency With Proof of Reserves

Binance has released its Merkle tree proof of reserve system, enabling its users to verify their holdings with the exchange. The post In Crypto We Trust: Binance Promises Greater Transparency With Proof of Reserves appeared first on BeInCrypto.

2022-11-26 20:30
proof binance reserves trust crypto promises greater

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CrossTower considers acquiring other crypto firms besides Voyager

Crypto exchange CrossTower is considering further acquisitions in addition to Voyager Digital. The firm's CEO said the exchange would favor companies committed to transparency and compliance.

2022-11-24 13:05	voyager digital
exchange crosstower voyager crypto ceo firm said

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UK Lawmakers Vote to Widen Authorities’ Powers in Seizing Crypto-Related Property

The Economic Crime and Corporate Transparency Bill, which is being debated in Parliament, already includes measures to give authorities the power to seize and freeze crypto tied to crime.

2022-11-23 16:09	policy
crime authorities includes being debated parliament give

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Proof-of-reserves: Can reserve audits avoid another FTX-like moment?

Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.

2022-11-20 16:27
proof-of-reserves audits believe experts investor trust regain

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Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report

Treasury Committee member Alison Thewliss said the group felt Binance's submission on FTX was not detailed enough.

2022-11-17 18:09	policy
ftx binance said thewliss alison group submission

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Bybit publishes reserve wallet addresses

Bybit’s largest asset wallet holdings total $1. 9 billion, according to details from blockchain analytics firm Nansen. Bybit has become the latest crypto exchange to publish information about its assets reserves, as calls for more transparency in the industry increase following FTX’s collapse.

2022-11-17 00:23	Cryptocurrency Exchange
bybit wallet reserves assets information publish calls

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LBank to Publish an Auditable Merkle Tree and Proof of Reserves

The global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gave a public statement on November 9 stating that the exchange hopes to facilitate industry transparency and built a strong foundation of trust between exchanges and … Continued The post LBank to Publish an Auditable Merkle Tree and Proof of Reserves appeared first on BeInCrypto.

2022-11-16 17:00
lbank auditable exchange reserves industry merkle tree

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Vitalik Buterin and Binance Will Work on New Proof-of-Reserves Method for Exchanges

Two giants of crypto industry plan to work together to help exchanges provide transparency

2022-11-15 19:03
work exchanges plan industry crypto buterin together

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Let’s Actually Commit to Proofs of Reserve This Time, Okay?

Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.

2022-11-14 16:29	Layer 2
help win transparency improve liabilities back public

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Hong Kong finance secretary to uphold crypto transparency to avoid FTX-like situations

Today, the finance secretary of Hong Kong, Paul Chan, has highlighted an essential play in maintaining supervision and transparency on the impediments imposed in the cryptocurrency ecosystem. According to Secretary Chan, there should be cautious and steady actions when dealing…

2022-11-14 18:15
secretary hong finance chan transparency kong ecosystem

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Huobi Asset Transparency Report Reveals $3.5B in Crypto Holdings

Huobi held $920 million worth of its own HT token as of Nov. 12. The exchange has promised to perform a Merkle Tree Proof of Reserves audit with a third party within 30 days.

2022-11-13 09:04	Markets
huobi merkle perform exchange tree promised proof

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Deribit showcases proof of reserves as FTX bankruptcy launches panic in the crypto market

Ethereum and Bitcoin option Exchange, Deribit, aired its reserves online to assure its clients of future safety against attacks on November 11. The organization’s announcement aims to maintain transparency and eliminate fear among its clients. Users urged to stay calm…

2022-11-12 01:46	StableCoin
clients deribit reserves organization aims announcement november

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Chainlink Labs offers Proof of Reserve service for embattled exchanges

The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced.

2022-11-11 01:19	Binance
exchanges crypto trust restore through greater convinced

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Crypto.Com to Publish Its Audited Proof Of Reserves As Transparency Concerns Rock Exchanges

In what appears to be the new trajectory amid the downfall of giant crypto exchange FTX, Crypto. com has become the latest exchange to promise its customers that it will publish an audited Proof of Reserves (PoR).

2022-11-11 21:52	Cryptocurrency News
crypto exchange publish reserves audited proof ftx

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Binance reveals crypto holdings as part of its commitment to transparency

Binance’s holdings add up to more than $47 billion Changpeng Zhao previously called for other crypto exchanges to do merkle-tree proof-of-reserves Binance, the world’s largest crypto excThe post Binance reveals crypto holdings as part of its commitment to transparency appeared first on AMBCrypto.

2022-11-11 21:00	News
binance crypto holdings commitment transparency reveals part

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Coinbase, Tether, and Circle deny exposure to Alameda and FTX

Several crypto firms have come out to distance themselves with exposure to FTX crypto exchange and its sister firm Alameda amid the financial crisis facing the two firms. This comes after calls from the crypto community for transparency to let users know if there is any risk.

2022-11-10 18:23	Tether
crypto ftx firms alameda exposure calls community

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Bybit: crypto must ‘step up’ transparency efforts in FTX aftermath

Bybit, one of the world’s largest crypto exchanges, wants to see more transparency across the crypto market as the industry once again looks to emerge from another staggering episode of confidence-supping ‘opaqueness’.

2022-11-10 17:24	Technology
crypto bybit transparency looks again once industry

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Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily

A federal judge struck down Celsius’ plans to pay out nearly $3 million in retention bonuses to a select group of employees on Tuesday, citing the lack of transparency in the bankrupt crypto lender’s public filings.

2022-11-2 23:56	policy
bonuses employees retention celsius judge pay citing

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First Mover Asia: Crypto Platform Freeway's Lack of Transparency Should Have Been a Red Flag

Major DeFi projects post their code on GitHub and provide clear information about themselves.

2022-11-1 03:02	Markets
code defi projects github themselves information clear

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UK Wants to Make It Easier to Seize Crypto in Terrorism Cases

The government wants to mirror planned changes to the Economic Crime and Transparency bill to enable authorities to swiftly seize crypto assets linked to terrorist activities.

2022-10-14 12:33	policy
seize crypto wants enable bill transparency authorities

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OECD Calls For Greater Tax Transparency On Crypto Assets

In April 2021, the G20 requested the Organisation for Economic Co-operation and Development (OECD) to design a Crypto-Asset Reporting Framework (CARF) to exchange tax-relevant information on Crypto-Assets automatically.

2022-10-14 22:46	Cryptocurrency News
oecd crypto-asset development reporting design carf crypto-assets

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Maple Finance CEO: Separating risk from lending saved DeFi from market crash

DeFi crypto lending has operated as intended through the crypto winter because transparency kept it in line and business activities were siloed, according to Maple Finance’s Sid Powell.

2022-9-29 03:30	transparency
maple defi crypto lending finance line kept

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UK Introduces Law to Seize, Freeze and Recover Crypto

The Economic Crime and Corporate Transparency bill is designed to make it easier for law enforcement agencies to seize, freeze and recover crypto assets when used for criminal activities such as money laundering drugs and cybercrime.

2022-9-23 19:06	policy
crypto freeze recover seize law used criminal

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Dubai issues crypto marketing rules to better protect investors

Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters to protect investors.

2022-8-29 12:16
protect dubai investors clarity transparency promoters marketers

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Tether and Kraken Transparency Audits Aimed at Boosting Further Confidence Into The Crypto Markets

Tether Holdings Limited has released its June 2022 Assurance Consolidated Reserves Report. The debate on the reserves held by Tether has been ongoing, with Tether asserting that its tokens are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves.

2022-8-25 20:39	Cryptocurrency News
tether reserves ongoing held tokens fiat currency

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Why These Are The Best UK Crypto Casinos Away From GamStop

Cryptocurrencies are one of the most revolutionary technologies of the past decades. These assets provide people from all over the world with access to financial services and economic independence with security, transparency, and without the intervention of third parties.

2022-8-24 14:23	Industry
these financial services access world security intervention

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Crypto Banks Are One Step Closer to Reality Under New Fed Guidance

The Federal Reserve published guidance detailing how crypto banks can secure master account access, something several have wanted for over a year. While the guidance stops short of true transparency, potential applicants now have a roadmap of sorts they can follow, while the Fed has indicated that it is indeed open to letting crypto companies (and other novel entities) access global payments rails.

2022-8-24 18:30	policy
crypto guidance fed access banks follow roadmap

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Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says

If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."

2022-8-20 00:17	policy
ceo celsius hodder examiner sasha independent pull

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Ukraine spent over $38M of donated crypto funds on military equipment

In the spirit of transparency, Ukraine’s Ministry for Digital Transformation has published a financial report detailing how it spent the $54. 6 million worth of funds raised from the crypto community.

2022-8-18 22:50	Politics
funds crypto ukraine spent detailing report financial

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Cake DeFi: growth continued in Q2 despite crypto winter

Cake DeFi, a regulated Singapore-based crypto fintech firm that offers services such as liquidity mining, crypto lending, borrowing, and staking, has released its Q2 Transparency Report that suggests the company is cash flow positive and will remain so for at least four years – even if the bear market translates to more pain for the […] The post Cake DeFi: growth continued in Q2 despite crypto winter appeared first on Invezz.

2022-8-17 23:01	Technology
crypto cake defi winter growth despite continued

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Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit

“At a minimum, the public should have a say in these crypto handouts," said the Tech Transparency Project.

2022-8-5 23:30
crypto public should minimum say tech transparency

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Crypto intel platform Metrika adds support for Hedera network activity & performance

Metrika, an operational intelligence platform for blockchain and distributed ledger networks, today announced a collaboration with Hedera to provide enhanced visibility and transparency for the different applications across the company’s network ecosystem.

2022-8-4 20:17	Vendor Technology
hedera network platform metrika enhanced visibility transparency

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California again allows crypto contributions to state, local political campaigns

The state's Fair Political Practices Commission has reversed a 2018 prohibition that arose from transparency and KYC concerns, while seven states still have a ban.

2022-7-23 22:00	Politics
state political kyc transparency arose concerns ban

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BlockFi has $1.8B in outstanding loans, $600M of which are uncollateralized

Liquidity issues in the crypto market have forced some of the larger companies in the space to post transparency reports addressing the ongoing crisis. The post BlockFi has $1.8B in outstanding loans, $600M of which are uncollateralized appeared first on CryptoSlate.

2022-7-23 19:00	lending
blockfi uncollateralized outstanding 600m loans addressing reports

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First Mover Asia: Dissecting Three Arrows Capital's Fall; Ethereum Merge Spurs Continued Market Gains

Thanks to the transparency of court documents, the public knows how much the beleaguered crypto hedge fund owes different creditors; the second largest crypto by market cap has risen about 50% over the past week.

2022-7-20 02:14	Markets
crypto market owes creditors different fund much

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Cobo: Bringing Transparency To Decentralised Finance

Cobo is a crypto custodian that helps institutions and high-net-worth individuals (HNIs) manage and… The post Cobo: Bringing Transparency To Decentralised Finance appeared first on CoinJournal.

2022-7-15 13:39	Opinion
cobo finance decentralised bringing transparency coinjournal manage

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Nexo's Real-Time Public Audit Sets High Transparency Standard

As crypto lending platforms falter, the continuous publicly available real-time audit of Nexo’s financial liabilities brings rare transparency to the sector.

2022-7-7 15:00	BNC insights
nexo audit transparency real-time sector available financial

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More security, transparency, and scalability: What blockchain needs for mass adoption

In February 2022, the Ukrainian government ran a crypto donation campaign to support victims of the Russian invasion. When the nation tried to reward those who had contributed to the fundraiser by sending crypto wallet holders complimentary NFTs, a slew of scammers took advantage of the government’s generosity, causing the operation to cease.

2022-6-29 09:21	Company News
crypto government fundraiser sending contributed had tried

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Mastercard, Mercado Libre to collaborate on bolstering crypto security in Brazil

Payment technology company Mastercard has teamed up with the Latin American (LATAM) e-commerce firm Mercado Libre to improve the security and transparency of its crypto program in Brazil using Mastercard’s CipherTrace technology.

2022-6-10 23:00	Partnerships
mastercard security technology crypto brazil libre mercado

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Bermuda’s Crypto-Friendly Regulations; Targets To Become A Digital Asset Hub

Bermuda is the latest country that wishes to be in the forefront when it comes to crypto and its regulations. It is now set to develop an extensive and comprehensive crypto regulatory framework. Through maintaining this transparency, Bermuda is attempting to attract more cryptocurrency related projects, and companies who are enthusiasts in this particular field. […]

2022-6-5 04:00	Crypto Regulation
bermuda crypto regulations attempting regulatory transparency framework

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Ripple CEO Says That Transparency Is “Critical” in Crypto Industry

Ripple CEO Brad Garlinghouse has addressed crypto regulation and market turbulence in a recent interview

2022-5-25 09:20
crypto ceo ripple addressed regulation market interview

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Lack of transparency among project auditors a big problem — Hacken CEO

Dyma Budorin thinks the crypto industry would be much safer if smart contract auditors took responsibility for the code they audited.

2022-5-2 05:34
auditors smart much contract safer took audited

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CryptoGames: Play Dice and Win Huge Jackpots

CryptoGames is one of the most prominent crypto casinos in today’s modern casino industry. Throughout the years, it has proved to be roaring high with unadulterated consistency in service and absolute transparency.

2022-4-23 07:08
cryptogames proved years roaring service absolute transparency

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Coinbase to increase transparency on potential 2022 listings

The exchange issued the names of 50 projects that could possibly be listed in the second quarter of 2022 as a way of adding information symmetry to crypto markets.

2022-4-12 04:49
2022 second quarter listed way symmetry crypto

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UK MP Says Cryptocurrencies Are A Force For Good

UK MP expresses belief in crypto and blockchain technology. Matt Hancock says clear regulations will improve crypto transparency. The MP’s sentiments echo the latest stance by the UK on crypto.

2022-4-8 20:48	USDT
crypto says transparency regulations improve sentiments stance

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First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

There was no apparent, clear explanation about a Singapore regulatory agency's decision to place crypto fund DeFiance Capital on an "Investor Alert List.”

2022-3-23 01:31	Markets
crypto singapore decision fund regulatory agency alert

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OECD opens proposal on tax transparency framework for crypto to public comment

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards.

2022-3-23 21:45	transactions
oecd transparency crypto tax additional safeguards any

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LunaFi introduces betting protocol with universal liquidity

The gambling space has a lot of potential in terms of applying crypto because it can solve its plethora of problems with fiat money deposits and lack of transparency. As is, the house always has the edge.

2022-3-22 16:00	matic network
deposits money problems solve plethora fiat lack

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Ramp Network expands crypto-to-fiat support for real-time MXN payouts via SPEI

Ramp Network now supports real-time MXN payouts via the SPEI payment system. Users can sell crypto and receive funds in their bank accounts within 30 seconds. SPEI offers lower fees and operates 24/7, enhancing crypto-to-fiat transactions in Mexico.

Crypto ATM provider CoinFlip expands to Mexico

United States-based cryptocurrency ATM provider CoinFlip has expanded to Mexico as a part of its global expansion plans. According to a press release shared with crypto.news, CoinFlip has deployed its cryptocurrency ATMs across Mexico, marking the Latin-American nation as its…

Mexican billionaire Ricardo Salinas advocates Bitcoin as an inflation hedge

Ricardo Salinas, the third wealthiest man in Mexico, has recently reiterated his proposal to use Bitcoin as a reserve asset. Through social media, Salinas defended Bitcoin’s role as an inflation hedge, commenting on a post that described inflation as a hidden tax on fiat money.

Blockchain Startup Etherfuse Rolls Out Tokenized Bonds in Mexico Targeting Retail Investors

The company is targeting the second-largest and most liquid bond market in LatAm.

Mexico’s 3rd-Richest Man Wants Bitcoin Adoption As Alternative To Banks

Mexico’s 3rd-richest man, Ricardo Salinas has recently shared insights on why people should adopt Bitcoin (BTC) as an alternative to banks, noting that Bitcoin will catalyze inflation taxes due to the inability to debase the digital asset.

Mexican crypto exchange Bitso launches international service

The Mexican crypto exchange, Bitso, will launch an international payments service. The main aim of the new service is to connect the Latin American region with the rest of the world. It will allow companies to send and receive international…

Latin American Crypto Exchange Bitso and Mastercard Launch Debit Card in Mexico

Mastercard’s portfolio of crypto partnerships in Latin America also includes Binance, Belo and Buenbit.

2022-11-26 04:30

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