Bookmarking Crypto Insights
Auto Added by WPeMatico
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 the FTX collapse last month. Mazars Group Pauses Crypto Company Audits, Binance … Read more
While the delisting didn’t concern many due to its inactivity, others questioned the focus on price for delisting as it may prompt projects to artificially pump the price. Go to Source Powered by WPeMatico
Bitcoin traders stay wary over Binance “FUD” triggering overly bearish BTC price action. Go to Source Powered by WPeMatico
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site. Go to Source Powered by WPeMatico
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves. Go to Source Powered by WPeMatico
Users initially panned Mithril’s return of deposit allegation until an original Binance listing document came to light that raised further questions. Go to Source Powered by WPeMatico
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake in FTX, refused to comply with regulators’ … Read more
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations. $3 Billion Pulled Out From Binance at Peak, Nansen Data Shows Binance, the world’s largest … Read more
A US Senate committee heard details of the investor’s conversations with Sam Bankman Fried before the collapse. Go to Source Powered by WPeMatico
Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish tone on Wednesday. Go to Source Powered by WPeMatico