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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…
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.
The move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal.
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S.…
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi.
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news.
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems.
General consensus seems to be that it's been all downhill both before and after Bitcoin's recent 13th birthday.
The remarks came at a time when the country's crypto regulatory framework remains underdeveloped.