An algorithm with a reputation for outperforming the crypto markets is showing a preference for Ethereum (ETH) and three other large-cap digital assets amid uncertain trading conditions. Each week, th...
Tag: Assets
Binance U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse
The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt lender Voyager Digital following the collapse of FTX, which in September won an auction for the comp...
Ripple CEO Brad Garlinghouse & Tron’s Justin Sun’s Battle To Acquire FTX Assets
Who Will Win ? The Tron blockchain founder, Justin Sun and Ripple Labs CEO, Brad Garlinghouse, decide to buy FTX assets. Justin Sun was at second after Ripple CEO Brad Garlinghouse showed eagerness t...
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon – Bitcoin News
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the sna...
Binance Publishes Proof of Reserves System For BTC, More Assets to Follow ⋆ ZyCrypto
Advertisement     Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse o...
Turkey seizes FTX assets in the country amid the ongoing investigation
Assets belonging to former FTX CEO Sam Bankman-Fried have been seized by the country’s Financial Crimes Investigation Board, locally known as MASAK, following the collapse of his main business. An off...
Terra Classic Developers Squabble Over Millions In Off-Chain Assets
– Advertisement – Terra Classic developers exchange words as differences come to the fore over how the community should handle off-chain assets. Members of independent Terra Classic develo...
Binance clarifies initial $1 billion recovery fund deposit came from own assets
Crypto exchange Binance clarified that an initial $1 billion deposit to its crypto industry recovery fund came from its own assets after details of the transferring wallet raised questions among some ...
Binance Plans to Raise $1 Billion for a Crypto “Recovery Fund,” and May Purchase FTX Assets
Join Our Telegram channel to stay up to date on breaking news coverage The founder and CEO of Binance stated that the company’s crypto rescue fund will begin with $1 billion to distribute as it assume...
Binance CEO Changpeng Zhao: ‘No amount of other people’s tweets would cause problems’ if an exchange holds customer assets
Perhaps it’s one last dagger, but Binance CEO Changpeng Zhou just could not resist a little dig at the fallen FTX chief executive Sam Bankman-Fried. That’s a reference to the role the cryptocurrency t...
Users of OKX can now verify to see if their assets are backed 1:1 – crypto.news
OKX is the world’s second-largest crypto exchange in terms of the trading volume. On Nov 23, 2022, it released three industry-leading solutions that give its institutional and retail users more insigh...
Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator
The Securities Commission of The Bahamas says the continued “hacking attempts” on FTX’s digital assets prove they made the right call to take control of the exchange’s assets on Nov. 12. In a stateme...
Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets – Exchanges Bitcoin News
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have al...
Crypto Exchange OKX Launches New Proof-of-Reserves System Allowing Users To Verify Their Assets
Crypto exchange OKX is launching a new proof-of-reserve system that enables customers to verify their digital assets. The Seychelles-based firm says the OKX Proof of Reserves (PoR) will provide a mean...
CoinDCX Reveals Assets Worth $124M Under Proof of Reserves
On November 24, the cryptocurrency exchange CoinDCX, which is backed by Coinbase, published its proof-of-reserves in cooperation with Nansen. This came amid an increased desire from cryptocurrency inv...
Bahamas’ Regulator Explains Why it Made the Right Call to Seize FTX Assets
In a new press release, the Securities Commission of The Bahamas explained that only placing FTX Digital Markets into liquidation was not sufficient, citing the risks associated with hacking and breac...
Billionaire Changpeng Zhao Exploring $1,000,000,000 Fund To Purchase Distressed Crypto Assets
Binance CEO Changpeng Zhao says he’s planning to set up a $1 billion fund to rescue distressed crypto assets. In a new interview with Bloomberg TV, the billionaire says the fund is intended to help th...
Liquidity Mining – Your Way to Grow Crypto Assets in The HyperNation
How to be extra rich with your existing fund in the Metaverse? Can your blockchain assets grow passive rewards for you to reap? The HyperNation has its answer for you to leverage your crypto assets an...
Global Digital Assets Investment Summit 2023
Place/Date: Hong Kong – November 23rd, 2022 at 5:56 pm UTC · 3 min read Contact: Abrar Baba, Source: Falcon Business Research After the success of second edition of the Global Digital Assets Inv...
Russia to launch national crypto exchange in bid to control digital assets
As the cryptocurrency industry expands, authorities and organizations around the world are showing increased interest, with Russia going a step further by announcing the launch of a national crypto tr...
Binance US Will Bid Again for Voyager Assets
As FTX will not be able to follow through on its commitment to purchase Voyager and its assets, Binance US will return to the table, said Changpeng Zhao. He also reiterated a previous statement that B...
Binance To Cement Position With $1B For Distressed Assets
Binance CEO Changpeng Zhao (aka “CZ”) has been a key player in the crypto market over the past few turbulent weeks. It wasn’t until his tweet about FTX’s credibility and the announced sale of all Bina...
Turkey Seizes Assets of FTX Founder Sam Bankman-Fried
According to a statement made on Wednesday by the Treasury and Finance Ministry of Turkey, an inquiry has been opened into claims of fraud against Sam Bankman-Fried, the former CEO of the cryptocurren...
BitGo to take custody of FTX assets in bankruptcy procedure
Crypto custodian BitGo has been nominated as the official custodian to safeguard the remaining funds at FTX. Acting CEO John Ray III selected BitGo to take custody of the assets of the crypto exchange...
$740 million in crypto assets recovered so far in FTX bankruptcy
NEW YORK — The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far, a fraction of the potentia...
Growing your assets with Staking Platform Oryen in similar fashion with Polygon, Shiba Inu, and Big Eyes
Advertisement     Conventionally, investing has been in stocks and other government-issued investment vehicles. These markets, like any investment, bear risks that may...