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Kraken’s CEO Slams Binance’s Proof Of Reserves System Even After “Merkle Tree Audit”

Day’s after publishing the so-called Proof-Of-Reserves, Binance released a new report on Wednesday showing that its customer’s Bitcoin reserves are overcollateralized. The report which was prepared by South Africa-based global financial audit firm Mazars showed that as of November 22, Binance’s users collectively held 575,742. дальше »

2022-12-12 19:53


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Litecoin price: Here’s why LTC has spiked 34% this week

Litecoin (LTC/USD) has traded higher in the past one month, and added to the momentum with a double-digit gain on Wednesday to breach the $80 price level for the first time since May. As the cryptocurrency market looked to bounce alongside stocks amid fresh buying amid a November rally, Litecoin rose more than 11% to […] The post Litecoin price: Here’s why LTC has spiked 34% this week appeared first on Invezz. дальше »

2022-11-24 20:52


Binance Denies UK Lawmaker’s Allegation That It Deliberately Played a Role in FTX’s Collapse

Crypto exchange FTX recently filed for bankruptcy protection in the US. Authorities are investigating the cause of the tragic collapse. In a submission to the U. K. Parliamentary Treasury Committee, Binance on Wednesday denied claims that it deliberately intended to sink competitor cryptocurrency exchange FTX. дальше »

2022-11-19 13:43


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$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run

Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. дальше »

2022-11-17 12:21


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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

2022-11-16 17:24