Both DOGE and SHIB registered double-digit losses in the last seven days. The number of whale transactions increased sharply, implying a sell-off. Prominent meme coins like Dogecoin [DOGE] and Shiba I...
Tag: FTXlike
“More Meltdowns To Zeros” – Kevin O’Leary Warns, Expects More FTX-like Collapses ⋆ ZyCrypto
Advertisement     Kevin O’Leary has expressed concerns about the possible bankruptcy of unregulated exchanges following the collapse of FTX. He cited the current massi...
Is there another FTX-like crash happening in the form of Ledger?
The crypto world has not come out of the FTX’s crash, and another crash might be on the line as there are several speculations about the Ledger and other CEX withholding funds without any proper reaso...
CryptoQuant verifies Binance’s reserves, reports no ‘FTX-like’ behavior
Blockchain analytics provider CryptoQuant has released a report analyzing the recently released proof of reserves audit of the world’s largest crypto exchange, Binance. Centralized exchanges have been...
On-Chain Data Shows Crypto Exchange Binance Isn’t Exhibiting ‘FTX-Like’ Behavior
“At the time Binance’s Proof of Reserves report was conducted, CryptoQuant’s estimate of Binance’s BTC reserves (liabilities) was 591,939 BTC. This compares to the PoR report’s Customer Liability Repo...
Can reserve audits avoid another FTX-like moment?
In the wake of the FTX collapse that came about as a result of the now-bankrupt cryptocurrency exchange funneling user funds to mitigate its own risks, crypto exchanges came up with a transparency sol...
Proof of Reserves Isn’t a ‘Panacea’ for Future FTX-Like Collapses, Industry Leaders Caution
In response to FTX’s recent shocking demise, cryptocurrency exchanges across the industry from Binance to Crypto.com are pledging to display proof of reserves as a way to boost transparency. The...
Hong Kong finance secretary to uphold crypto transparency to avoid FTX-like situations – crypto.news
Today, the finance secretary of Hong Kong, Paul Chan, has highlighted an essential play in maintaining supervision and transparency on the impediments imposed in the cryptocurrency ecosystem. Accordin...
Hong Kong to avoid FTX-like scenario through transparency and supervision
Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong Kong called for a stronger focus on transpa...