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

2022-12-16 15:53

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

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exchange entirely collateralized almost says diversified token

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Ethereum achieves this against Bitcoin for the first time in Coinbase’s nine-year history

Coinbase, one of the largest crypto exchange platforms received mixed reactions from the community after it went public. Coinbase’s revenue is built almost entirely on the performance of Bitcoin andThe post Ethereum achieves this against Bitcoin for the first time in Coinbase’s nine-year history appeared first on AMBCrypto.

2021-8-12 04:00


Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block.

2019-5-22 11:12


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


QuadrigaCX Imbroglio Takes a Turn After Widow Claims CEO Mixed Personal and Company Funds

The crypto community has been sitting at the edge of their seats watching the complex and nuanced situation surrounding the now defunct QuadrigaCX exchange unfold. Recently, news broke that Big Four Auditing Firm, Ernst & Young (EY), had discovered that the exchange’s cold storage wallets were nearly entirely empty, which came as a surprise to.

2019-3-15 01:00


Justin Sun Tells Tron Investors to Expect Zero Transaction Fees for TRX Transactions Come Friday

The Tron community woke up to good news on 15th December: Tron transactions are cheaper than before, and charges will be scrapped entirely soon. The announcement came in a tweet by the Tron Foundation community and was immediately followed by a confirmation By Tron’s CEO and Founder, Justin Sun. Transacting on the Tron Exchange Has […]

2018-12-16 23:53