Binance publishes official Merkle Tree-based proof-of-reserves
Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency. Go to Source Powered by WPeMatico
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MEXC Global Vice President Andrew Weiner Explains the Appeal of Futures Trading
A 6-year veteran of the crypto industry, Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC, he worked with notable brands that include Thomson Reuters, ComplyAdvantage, IBM, Mastercard, Deloitte, and KPMG to deliver innovative solutions to Virtual Asset Service Providers in over 170+ … Read more
Tether CTO confirms no plans to rescue FTX
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help. Go to Source Powered by WPeMatico
FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories
Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers. Go to Source Powered by WPeMatico
FTX website comes back online with message advising against deposits
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down. Go to Source Powered by WPeMatico
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated” and now two market analysts have downgraded the company’s shares. Argo Blockchain’s $27 … Read more
An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable
A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64% … Read more
What directional liquidity pooling brings to DeFi
Directional liquidity pooling is a new way for liquidity providers to add liquidity to exchanges while avoiding impermanent loss. Go to Source Powered by WPeMatico
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term. Go to Source Powered by WPeMatico
Acala Network to resume operations after burning 2.7B in aUSD stablecoin
A total of 2.97 billion aUSD erroneously minted were recovered after the glitch. Go to Source Powered by WPeMatico