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Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...
Solana-Based Raydium Exchange Victim of 7-figure Exploit
16.12.2022
Currently, about $2 million of different cryptocurrencies are sitting in the attacker’s account
Trump NFT Collection Sells Out, Price Surges
16.12.2022
According to data from OpenSea, the collection’s floor price is about 0.14 ETH, or about $170 – nearly double the original price
DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
16.12.2022
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient
Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout
16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...
First Mover Americas: Crypto Auditing Hits Snag
16.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 16, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures Drop
16.12.2022
Bitcoin outperformed ether and BNB as Mazar's decision to suspend crypto audit work and Binance fears weighed over the crypto market
Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs
16.12.2022
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural...
Three Arrows Capital Estimated Its Assets at Around $1B in July: Report
16.12.2022
Bankrupt crypto hedge fund Three Arrows Capital (3AC) estimated its assets to be worth around $1 billion in July, according to a report by The Block, citing a document prepared by 3AC liquidator Teneo
NFT Sale Starts December 17, 00:00(EST) | Check out the New KV and Sale Information | Entertainment DAO Project ‘SUPER SAPIENSS’ by Three Directors Representing Japan
16.12.2022
PRESS RELEASE. Financie Inc. pleased to announce that the “SUPER SAPIENSS NFT” sales conducted by “SUPER SAPIENSS”, an entertainment DAO project active on FiNANCiE. Sale Details PreSale of SUPER SAPIENSS NFT The sales of SUPER SAPIENSS NFT will be conducted in order...
Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....
5 key takeaways from Huobi 2022 crypto industry report
16.12.2022
In Huobi’s most recent industry report, dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more
Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'
16.12.2022
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
16.12.2022
Mazars other clients included Crypto.com and KuCoin
EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
16.12.2022
Requirements to test people's knowledge of distributed technology could deter the average retail investor, some worry
Reports Suggest Caroline Ellison Is Working With Feds and Snitching on FTX Co-Founder Bankman-Fried
16.12.2022
Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds” and it’s possibly the reason why Ellison...
Crypto Exchange Gemini Down for Several Hours Due to 'Scheduled Maintenance'
16.12.2022
The crypto exchange had paused withdrawals for its yield product recently
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation
16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
16.12.2022
The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
16.12.2022
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains —...