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Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source

9.11.2022
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire

Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'

9.11.2022
Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal

UK Asset Management Giant Abrdn Leads Archax $28.5M Funding Round

9.11.2022
Abrdn, one of the U.K.'s biggest asset-management firms, has backed a $28.5 million Series A funding round into digital asset exchange Archax. Abrdn became the firm's largest external shareholder earlier this year

Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves

9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]

Fractional NFTs and what they mean for investing in real-world assets

9.11.2022
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets

Binance to Provide Proof-of-Reserves Following FTX Bust – Other Exchanges to Follow Suit?

9.11.2022
Major crypto exchange Binance will follow Gate.io 's and Kraken's example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao. Zhao, known as CZ, tweeted on Tuesday evening (UTC time) that Binance would "soon" start to do proof-of-reserves, arguing that: "All crypto exchanges...

Dogecoin & Shiba Inu Hits 5-day High as CleverMinu Supports all Meme and Inu gains

9.11.2022
How far will the Dogecoin price prediction go as it crosses $0.015 per unit for the first time? It is no news that the CleverMinu launch has impacted the growth of Inu and memes on the market. Additionally, the growth is based on CleverMinu’s massive crypto community token on the web and...

Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round

9.11.2022
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million

Fake OneCoin-selling Surgeon and Businessman Jailed in Argentina

9.11.2022
A criminal court in Argentina’s Córdoba has jailed two men – a businessman and a surgeon – for their part in developing a pyramid scheme based on selling fake tokens they claim were “affiliated” with the OneCoin crypto scam. Clarin reported that the court sentenced the 33-year-old Adolfo Rodrigo...