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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...
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...
MetaMask allows to move tokens on multiple blockchains with new DApp
9.11.2022
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said
Xternity, A Web3 Gaming Infrastructure Startup, Raises $4.5M
9.11.2022
Armed with $4.5 million from a pre-seed round of funding, the Web3 gaming platform company Xternity announced the beta launch of its platform. It’s on a mission to help developers embrace the concept of Web3 and new technologies such as blockchain and NFTs, which promise to transform the video...
Robust Q3 2022 data reflects XTB’s record high achievement
9.11.2022
XTB has published its financial report for the third quarter of 2022, sharing some impressive numbers. One such figure is the price of its shares which has inched closer to its all-time high value. Shares were last seen trading at PLN 28.80, only 2% away from their highest value since July...
FTX crisis is driving away crypto giants
9.11.2022
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposure to the platform or its currency. Genesis and Crypto.com are the newest additions to a list that...
Binance to buy non-US operations of FTX
9.11.2022
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition...
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....
Meta joins big tech layoffs, lets go of 11,000 employees
9.11.2022
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history
Not just FTX Token: Solana price nukes 40% along with other 'Sam coins'
9.11.2022
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week
Cardano (ADA) falls short of buyers and fails to reach $0.45!
9.11.2022
Cardano is down these days! However, it may be an opportunity to buy for the long term because of the following three reasons. It is one of the top ten cryptocurrencies by market capitalization, so it has less risk than other altcoins. The best part is that Cardano has a public road map for...
BNB becomes a victim of extreme selling: Can it revive?
9.11.2022
Binance, the world’s largest crypto exchange platform, has signed a letter to compete in buying another major crypto exchange platform, FTX. The Binance community members are excited because FTX is the third-largest exchange by volume. As a result, the BNB price will surge in the future...
Ramp, builder of crypto payment rails, raises $70M
9.11.2022
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions
Bitcoin and crypto here to stay despite market turmoil: Community
9.11.2022
A Twitter user argued that the FTX crisis was only a black swan event that only its executives and a few others could have seen coming
Snowfall Protocol is steady as Dogecoin and Waves continue to stumble!
9.11.2022
In the intense competition in the crypto landscape, plenty of cryptocurrencies have emerged, only to fade away into nothing, along with their investor’s capital. These are those that have limited utility to offer their users, whereas strong value propositions have stood the test of time. Two such...
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
9.11.2022
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation...
How does Dogeliens compare to crypto giants like BNB and Avalanche?
9.11.2022
The cryptocurrency market is volatile, with market crashes and spikes happening multiple times a year. While some cryptocurrencies are relatively generous with the returns they offer, some can dismantle a user’s portfolio. BNB and Avalanche have provided good returns for their users in...
BudBlockz, AXIA, and Astar set to experience huge growth in 2023
9.11.2022
The crypto market has had remarkable growth in 2022. With new coins like BudBlockz (BLUNT) having an impressive presale season, many investors are beginning to anticipate what the new year holds for crypto investment and assets. The bear market of 2022 affects the value of many cryptocurrencies....
Japanese Mobile Firm NTT Plans to Invest $4 Billion in Web3 Technology – Find Out Why
9.11.2022
Japan’s largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure.
The company has joined forces with multichain smart contract platform Astar Network as well as Irish services company Accenture to speed up Web3 adoption...