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Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange

While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022,…

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Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits

When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and…

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

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…

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Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack

The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that…

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CME Group to Offer Market Participants Ethereum Options 3 Days Before the Merge

Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options. While CME’s…

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BlockchainCom and Deribit Seek 3AC’s Liquidation From a British Virgin Islands Court

BlockchainCom, also a creditor of the crypto-focused hedge fund, reportedly admitted to cooperating with law enforcement agencies for investigations into Three Arrows Capital. Along with Deribit, both companies said they…

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Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi

Traders brace for more bad news after headlines revealed that Voyager Digital had lent $655 million to Three Arrows Capital. Is another crypto market sell-off on the way?

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