Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO
According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account...
Year: 2022
UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes
Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges....
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto...
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform...
Programming languages prevent mainstream DeFi
Asset-oriented programming makes fundamental functions native to the programming language. DeFi needs more of that to improve security. Decentralized finance...
Trouble in the Bahamas following FTX collapse: Report
The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by...
Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse
The fallout from the FTX collapse continues to reverberate across the crypto market. Institutions are using this opportunity to short...
American regulators to investigate Genesis and other crypto firms
Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states....
Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event
Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was...
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed...
RLWC 2021 Concluded: CoinEx Witnesses the Big Moments as the Exclusive Cryptocurrency Trading Platform Partner
PRESS RELEASE. According to the official news, the Rugby League World Cup 2021 (RLWC 2021) drew to a successful close...
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system...
DeFi sparks new investments despite turbulent market: Finance Redefined
The last week of November remained turbulent for the crypto market as majority of the DeFi tokens struggled with the...
$15.5K retest is more likely, according to Bitcoin futures and options
Bybit launching a $100 million fund and Binance’s proof of reserves might have marked the cycle low at $15,500. Bitcoin...
Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now
Bitcoin is printing significant bullish divergences with BTC price in line for a “massive bull run,” new analysis argues. Bitcoin...
