More Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’

The biggest news in the cryptoverse for Nov. 28 includes Kraken CEO saying Binance Proof-of-Reserve is pointless without proof of liabilities, Coinbase losing Bitcoin worth  $2 billion over the weeken...

Kraken CEO Jesse Powell Questions Validity of Binance’s Audit

Join Our Telegram channel to stay up to date on breaking news coverage The failure of the cryptocurrency exchange FTX made it clear how crucial proof of reserves is for preventing scenarios where cust...

Dogecoin and Binance’s BNB tack on double-digit gains

Bitcoin and ether moved sideways for the most part last week, as some altcoins moved higher.  Bitcoin was changing hands at about $16,559 at 8:30 a.m. ET Sunday, representing a decline of about ...

Binance’s ‘Proof Of Reserves’ is Pointless, Claims Kraken CEO

It’s now a couple of weeks since the infamous FTX collapse, in which the firm faced a liquidity problem and stopped processing withdrawals due to the inability to meet demand from investors and end us...

Kraken CEO Criticizes Binance’s Merkle Tree Proof of Reserves

8 seconds ago | 2 mins read Exchange News Leading exchanges have been rushing to increase market transparency. CZ said he found such interactions to be healthy for the crypto community. Kraken’s CEO, ...

Binance’s Zhao says industry is ‘healthier’ after a ‘nasty’ year

Binance CEO Chanpeng Zhao said the industry is in a “healthier” place after a “nasty” 2022, and he expects better thing in 2023. “I would expect recovery,” Zh...

Jump Crypto, Polygon Ventures, GSR contribute to Binance’s $1 billion recovery fund

Binance’s industry recovery fund, to which it’s already contributed $1 billion, has attracted some big names early on including Jump Crypto, Polygon Ventures and market maker GSR.  A...

Binance’s CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Grayscale – Then Backtracks

Battles between crypto exchange titans has driven much of this month’s chaos in the industry. The latest salvo from Binance’s CEO appears to have been inaccurate. On Tuesday, Binance CEO C...

Binance’s CZ Reportedly in Talks with Abu Dhabi Investors on Industry Recovery Fund

Binance’s CEO, Changpeng Zhao (CZ), reportedly met with investors from Abu Dhabi to discuss the recently announced cryptocurrency industry recovery fund.  The CEO of the world’s leading exchange met w...

Binance’s Changpeng Zhao and Coinbase CEO Brian Armstrong Support Vitalik Buterin’s Idea for Crypto Exchanges

CEOs from two of the biggest crypto firms in the world are giving a nod of approval to Ethereum (ETH) creator Vitalik Buterin’s idea for how exchanges can maintain transparency for their customers. Af...

Tether Or Binance’s Failure Could Mark The End Of Cryptocurrency – Dogecoin Founder

To allay the concerns of global investors Dogecoin’s founder, Shibetoshi Nakamoto believes that the collapse of either the cryptocurrency exchange Binance or the stablecoin issuer Tether might drastic...

Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange – Bitcoin News

While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binan...

Binance’s CZ and Ethereum’s Vitalik agree on new idea as BNB remains stagnant

Binance’s CEO shared a solution to help avoid exchanges using customer funds as presented by Vitalik Buterin BNB continues to prevail in static positions, according to its on-chain information The CEO...

FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...

Former FTX CEO, Sam Bankman-Fried Cashed Out $300M to Buy Rival Binance’s Stake!

The post Former FTX CEO, Sam Bankman-Fried Cashed Out $300M to Buy Rival Binance’s Stake! appeared first on Coinpedia Fintech News Ever since the FTX series has been playing within the crypto space, t...

Were Binance’s Proof-of-Reserves cooked? – crypto.news

According to an analysis from a Reddit user, Binance transferred 2.7 Billion USDT to another wallet within 20 hours after their proof of reserves was published. This wallet is not listed as a Binance ...

UK Lawmakers Don’t Buy Binance’s Evidence on FTX Collapse

U.K. lawmakers today said Binance’s submitted evidence on the collapse of FTX wasn’t sufficient.  The U.K.’s Parliamentary Treasury Committee asked crypto exchange Binance for internal correspondence ...

Binance’s role in FTX collapse unclear to UK lawmakers: Bloomberg

UK lawmakers are not convinced by the evidence Binance provided to understand its role in the collapse of FTX, according to a member of Parliament.  Binance sent answers to questions from the UK...

US Authorities to Probe Binance’s Involvement in the FTX Demise

The US Congress has decided to investigate Binance’s role in the collapse of FTX.  Binance’s involvement will be discussed at a December hearing. Binance, the largest cryptocurrency exchange is being ...

Collaboration key for Binance’s Investigations team

Historical crime has left a proverbial black mark on the cryptocurrency ecosystem with multi-million dollar hacks, scams and fraud cases grabbing headlines around the world. Various research reports h...

Binance’s CZ Might Acquire Genesis Loan Book

According to reports, CZ — the founder of the world’s biggest cryptocurrency exchange is interested in buying Genesis’ loan book. After showing interest in buying FTX but later backing out within 24 h...

Binance’s CZ Looking Into Acquiring Genesis Loan Book: Source

By Jon Rice / November 16, 2022, 11:46 am EST It started with CZ. It might end with CZ. The founder of Binance, the world’s largest cryptocurrency exchange, is reported to be interested in acquiring G...

Binance’s CZ lists six requirements for safe exchanges

Binance CEO Changpeng Zhao shared what he said were the six most important requirements that every centralized exchange should adopt to ensure trust in the wake of the collapse of rival exchange FTX. ...

Clients’ Assets, Tom Brady and Binance’s CZ

Vladislav Sopov Analysts dumped 118 tweets deleted from former FTX CEO’s account, here’s what they can tell us The Tie, a leading B2B-focused analytics platform and information service for...

UK Treasury Committee to probe Binance’s role in FTX collapse

Lawmakers in the U.K. have asked Binance to submit internal discussions and documents relating to its attempted purchase of FTX and the sale of the bankrupt exchange token FTT, Bloomberg News reported...

Binance’s CZ Proposes Crypto Association to Work with Regulators Worldwide

In a bid to rescue FTX customers who may be left out in the dark, Binance CEO has set out a fund to help promising projects undergoing a liquidity crisis. Following the collapse of the FTX and FTT cry...

Binance’s CZ says users share blame for placing trust in FTX, should take responsibility

During an ask-me-anything (AMA) session on Twitter Spaces on Nov. 14, Binance CEO Changpeng Zhao, also known as CZ, urged crypto users to take responsibility for their investment decisions and not put...

“Dr. Doom” Nouriel Roubini Says Binance’s CZ Is Even Shadier Than FTX’s SBF

Alex Dovbnya “Dr. Doom” economist took aim at Binance CEO Changpeng Zhao in recent tweet, questioning the crypto mogul’s integrity NYU economics professor Nouriel Roubini recently to...

Binance’s API Compromised, Here’s What You Need to Do

Arman Shirinyan Most recent AXS pump has nothing to do with whales or speculation; only reason behind it is API key leak After the recent suspicious hack of the FTX exchange, Binance users with a larg...

Bitcoin Skyrockets by Almost $1,000 as Binance’s CZ Announces Industry Recovery Fund

The primary cryptocurrency, as well as the entire cryptocurrency market, experienced a sudden surge associated with the latest tweets by the CEO of the world’s largest exchange, Binance. CZ took to Tw...

Binance’s CZ Cautions Investors Over Proof of Reserves by Exchanges

Exchange News Crypto.com’s CEO said that the mentioned transactions were, in fact, inadvertent. Huobi has also issued a statement referencing the transfer to an institutional investor. After the FTX c...

Binance’s CZ makes bold promise; is he reiterating his title as the crypto lord?

The past couple of days in the cryptocurrency industry have been filled with plenty of setbacks. It’s been all glum since the world’s second-largest cryptocurrency exchange, FTX, became insolvent. FTX...