reserves
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Cryptocurrency
Stablecoin reserves in centralized exchanges continue to fall after FTX collapse
Gradually, the strength and popularity of stablecoins are growing alongside the cryptocurrency industry. Its growth is attributed to the stability…
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Cryptocurrency
Binance reportedly didn’t follow procedures for BUSD reserves in 2020, 2021
According to a Bloomberg report, Binance did not follow the BUSD reserve procedure as it failed to maintain sufficient reserves…
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Cryptocurrency
Nearly 65% of USDC reserves are held as US Treasury Bills
According to most of the circle recently About 65% of all USD coin (USDC) reserves are held as US Treasury…
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Cryptocurrency
CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January
CleanSpark’s hash rate reached 6 EH/s on Dec 21, 2021 compared to 2 EH/s on Dec 31, 2021, representing a…
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Cryptocurrency
Bitfinex closes week leading Bitcoin reserves according to Glassnode
crypto slate Analysts looked at detailed margins for major cryptocurrency exchanges other than Coinbase and Binance. Bitfinex has revealed that…
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Cryptocurrency
Binance Proof of Reserves fall by $3.5B in 24 hours
Over the past 24 hours, Binance USD (BUSD) and Bitcoin (BTC) Proof of Reserves (PoR) have fallen by $3.45 billion…
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Cryptocurrency
SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves
Some of the biggest news in the cryptoverse on December 13th included the arrest of former FTX CEO Sam Bankman-Fried,…
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Cryptocurrency
Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama
Some of the biggest news in the cryptoverse on Dec. 6 included Polygon co-founder fighting back against “jealous” competition, Crypto.com…
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Cryptocurrency
NEXO releases proof of reserves showing no exposure to FTX
Despite posting a retention statement with no asset breakdown or wallet address, Nexo hailed the Risk Engine as the only…
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Cryptocurrency
More Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’
The biggest news in the cryptoverse on Nov. 28 included the Kraken CEO saying that Binance Proof-of-Reserve is meaningless without…
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