Report: Tether freezes $46M of FTX’s USDT on Tron blockchain, setting new precedent
Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement. Go to Source Powered by WPeMatico
Cryptocurrencies
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Binance shares wallet addresses and activity after proof of reserve pledge
Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity. Go to Source Powered by WPeMatico
Ledger hardware wallets hit by the FTX earthquake, CTO says
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports. Go to Source Powered by WPeMatico
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange. Go to Source Powered by WPeMatico
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition. Binance Drops the FTX Acquisition After the crypto exchange Binance revealed it would purchase FTX, … Read more
Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement. Go to Source Powered by WPeMatico
Nexo dodges $219M bullet just days before FTX’s solvency crisis
The firm withdrew its remaining balance from FTX at the eleventh hour, and topped weekly fund outflows from the troubled exchange. Go to Source Powered by WPeMatico
MetaMask allows to move tokens on multiple blockchains with new DApp
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said. Go to Source Powered by WPeMatico
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation Indispensable for Risky Cryptos,’ Dutch Central Bank Insists Bitcoin, tether, and other digital coins are … Read more
Alameda Research FTT token transfer from September fuels wild speculations
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient. Go to Source Powered by WPeMatico