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Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year
26.11.2022
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962...
Binance proof-of-reserves is 'pointless without liabilities': Kraken CEO
26.11.2022
According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail
26.11.2022
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The central bank also warned that cryptocurrencies are “highly volatile and many of them have lost...
$15.5K retest is more likely, according to Bitcoin futures and options
25.11.2022
Bybit launching a $100 million fund and Binance’s proof of reserves might have marked the cycle low at $15,500
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
25.11.2022
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while...
Price analysis 11/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
25.11.2022
Bitcoin and most major altcoins are witnessing a relief rally but higher levels are likely to attract strong selling by the bears
Crypto Exchange Binance Delists Serum Trading Pairs Amid FTX Connection
25.11.2022
Cryptocurrency exchange Binance delisted three Serum (SRM) trading pairs on Friday as the fallout from FTX's collapse continues
Binance publishes official Merkle Tree-based proof-of-reserves
25.11.2022
Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
25.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
Binance Coin Price Prediction – Can BNB Reach an All-Time High Soon?
25.11.2022
Binance Coin price is up slightly over 10% this week, following a mid-week crypto relief rally. The native exchange token is the fourth-largest cryptocurrency, boasting $48 billion in market capitalization.
Over $1 billion in volume has been traded across the board in 24 hours. BNB dodders at $296...
Binance welcomes Web3 leaders to lead Web3 industry recovery
25.11.2022
The major cryptocurrency exchange, Binance, recently announced a collaboration with Web3 leaders. The integration will place them at the helm of Web3 IRI (Industry Recovery Initiative). IRI will create co-investment opportunities for companies trying to build and support Web3. To help users...
Binance Allocates Another $1B for Its Crypto Recovery Fund
25.11.2022
Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance's initiative
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants
24.11.2022
The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.”
Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
24.11.2022
Several prominent crypto companies including Aptos Labs and Jump Crypto will contribute $50 million to the planned $1 billion Industry Recovery Initiative (IRI)
Binance aims to allocate $1 billion for crypto recovery fund
24.11.2022
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund
First Mover Americas: Binance.US to Bid for Voyager
24.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 23, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
BNB makes a strong comeback from the $250 level!
24.11.2022
BNB holds the 4th spot in terms of market capitalization and is perhaps the best new-age cryptocurrency that dominates as a crypto exchange. Despite its 80% circulating supply, BNB is frequently auto-burnt to maintain a degree of decentralization. The abundance of tokens available and listed on...
Binance.US to Bid for Crypto Lender Voyager, CZ Confirms
24.11.2022
Binance CEO Changpeng "CZ" Zhao has confirmed that the exchange's U.S. wing will be making a fresh bid for crypto lender Voyager now that the defunct FTX is unable to follow through with acquiring it
Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
24.11.2022
The Binance fund will be open to contributions from other industry players