Auto Added by WPeMatico
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per…
The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts.
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…
"This may increase the risk of customers becoming involved in money laundering or terrorist financing," said De Nederlandsche Bank.
Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR.
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,…
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi…
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its…
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…
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX.