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

Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full AuditsWhen 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 Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen has detailed the company is in the midst of creating a display […]

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

The Elephant in the Room: FTX Troubles Forces Exchange Executives to Talk About Proof-of-ReservesOn 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 slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]

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UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto Asset

UK Watchdog Bans Bitcoin Advert for 'Irresponsibly' Promoting Investments in the Crypto AssetThe United Kingdom’s Advertising Standards Authority (ASA) has banned Coinfloor’s bitcoin advert for “irresponsibly” promoting investments in the crypto asset. The watchdog claimed the crypto exchange’s marketing campaign had targeted pensioners who were “unlikely to know” much about the topic. ASA’s ruling comes after the regulator received two complaints concerning the advert. According to a […]

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Coinflex Exchange to Offer Leveraged BCH and BTC Futures

Coinflex Exchange to Offer Leveraged BCH and BTC FuturesHong Kong-based Coinflex exchange has announced plans to offer futures contracts for bitcoin core (BTC), bitcoin cash (BCH), and ethereum (ETH) with leverage of up to 20x. All futures bought and sold on the exchange will be physically delivered, meaning that when the contracts expire, holders will be paid the underlying cryptocurrency instead of cash. […]

The post Coinflex Exchange to Offer Leveraged BCH and BTC Futures appeared first on Bitcoin News.

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Coinfloor Obtains DLT Provider License in Gibraltar

Coinfloor Attains "DLT Provider" Licensing in GibraltarCoinfloor, the oldest operational cryptocurrency exchange in the U.K., has become the first company to secure a distributed ledger technology (DLT) license in Gibraltar. Also Read: 19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone British Overseas Territory Recognizes First Offshore Crypto Entity The London-based crypto exchange, which is backed by Transferwise founder Taavet […]

The post Coinfloor Obtains DLT Provider License in Gibraltar appeared first on Bitcoin News.

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Weekly Crypto Roundup: Roubini Vs Buterin, Bithumb Sells Stake, Coinbase Lists First ERC-20 Token

weekly crypto roundup

When one of the biggest Bitcoin critics had his day to testify before Congress, the crypto world knew it would be brutal. Popularly known as Dr. Doom, Nouriel Roubini held nothing back as he attacked crypto, but it was the aftermath that was even more exciting. Roubini called out the industry’s most renowned personality, Vitalik […]

The post Weekly Crypto Roundup: Roubini Vs Buterin, Bithumb Sells Stake, Coinbase Lists First ERC-20 Token appeared first on NullTX.

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