OKX declares $7.5B in liquid assets in proof-of-reserves report
According to blockchain analytics firm CryptoQuant, OKX has the largest clean asset reserves of all the major exchanges. Go to Source Powered by WPeMatico
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FTX CEO says he is exploring rebooting the exchange: Report
FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firm’s reported liquidity crunch in November. Go to Source Powered by WPeMatico
Bitcoin crowd sentiment hit multi-month high as BTC price touches $21K
The bullish market sentiment aided by the price rebound has also let many analysts believe that the Bitcoin price bottom is in. Go to Source Powered by WPeMatico
Binance registers as virtual assets service provider in Poland
In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland, in order to continue using the company’s services. Go to Source Powered by WPeMatico
FTX fallout: SBF trial could set precedent for the crypto industry
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example. Go to Source Powered by WPeMatico
Coinbase stops Japan operations amid trading slump
Coinbase crypto exchange originally started planning its Japanese expansion during a bear market of 2018. Go to Source Powered by WPeMatico
FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets
Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy. Go to Source Powered by WPeMatico
Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market
An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength. Go to Source Powered by WPeMatico
SEC of Thailand issues crypto custody provider rules
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of occurrence of any unforeseen events. Go to Source Powered by WPeMatico
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman. Go to Source Powered by WPeMatico