Gensler says FTX ‘is not unique,’ warns crypto exchanges are commingling functions

SEC Chairman Gensler warns that FTX-like commingling is common in crypto exchanges, highlighting the industry's regulatory challenges. The post Gensler says FTX ‘is not unique,’ warns crypto exchanges are commingling functions appeared first on Crypto Briefing. дальше »

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SEC still probing Binance US over FTX-like fraud

The US Securities and Exchange Commission (SEC) is still investigating Binance US in search of evidence that the exchange and former CEO, Changpeng “CZ” Zhao, had a backdoor to control customer assets. дальше »

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“More Meltdowns To Zeros” – Kevin O’Leary Warns, Expects More FTX-like Collapses

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Kevin O’Leary says another ‘meltdown to zero’ will 100% happen

Kevin O’Leary thinks the crypto market should be ready for another FTX-like collapse, noting this will 100% happen. According to the venture capitalist and “Shark Tank” star, crypto needs to move away from a “unregulated cowboy environment” that’s full of rogue players. дальше »

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Binance is not displaying “FTX-like” behavior, says Cryptoquant

On-chain analytics network Cryptoquant released a Twitter thread detailing what they learned from Binance’s proof-of-reserves, especially from an on-chain perspective. Their report notes that Binance is not showing “FTX-like” behavior. дальше »

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CryptoQuant verifies Binance's reserves, reports no ‘FTX-like’ behavior

Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.

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CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior

A report from the analytics firm says the exchange is almost entirely collateralized and diversified away from its proprietary token. дальше »

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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. дальше »

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Bybit CEO says proof of reserves is key to preventing another FTX-like collapse

Proof of reserves has become the “new order” in the world of crypto after the FTX fiasco. Bybit’s CEO, Ben Zhou, assured that his team is currently working on compliance with this regulation to prove that their clients’ funds are… дальше »

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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… дальше »

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Hong Kong to avoid FTX-like scenario through transparency and supervision

Financial Secretary Paul Chan highlighted the importance of being “steady and cautious” when promoting the development of the virtual asset industry in Hong Kong. дальше »

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