Crypto Exchange OKX Releases Proof of Reserves For Gaining Trust
Users may verify the exchange’s funds in two ways, both of which are detailed. The exchange has also included two help file papers that detail how to audit the reserves.…
As Americans filing for unemployment benefits increased by 17k to 240k crypto market react.
In the United States, applications for unemployment benefits hit a three-month high last week, signaling a thawing of the job market in the wake of a wave of layoffs at…
Binance Remains stable despite the current Crypto Crisis?
Prominent crypto firm Binance, is acting as a catalyst to speed up the adoption. Binance is a standalone company to have active hiring going on. The adoption of cryptocurrency is…
Bankman-Fried’s Parents Reportedly Spend Millions on Properties in the Bahamas
SBF’s parents are also signatories on a property with a value of $16.4 million.Seven opulent condos were included in the purchased premises. Top officials at the defunct exchange FTX run…
Bahamas Court Orders FTX To Pay Remuneration Fees to Regulators
On November 12th, the Supreme Court ruled that FTX’s digital assets monitored by regulator. Fifty of the exchange’s largest debtors are owed a total of $3 billion.New problems have arisen…
Uniswap To Capture Certain User Data For Better User Experience
All transactions and other data stored on the blockchain are considered “on-chain data.” Uniswao wants to make data-driven choices to enhance the user experience.Uniswap, a major decentralized exchange, disclosed that…
FTX Japan Said To Resume Withdrawals by End of The Year.
FTX Japan officials claimed that the company is working to resume withdrawals. As of November 10th, the Japanese division has deposited around $138 million. The Japanese branch of cryptocurrency exchange…
Binance Now the Largest BTC Holder Globally.
Binance becomes the largest BTC holder.Exceeds Coinbase exchange, currently pushed down.FTX downfall post effect accounts to be the sole reason.Binance now officially becomes the largest holder of Bitcoin (BTC) currently,…
U.S President Joe Biden Calls For Tough Regulations after FTX Crisis
The FSB has previously advocated for the regulation of cryptocurrencies. Biden has spoken out on his thoughts on the cryptocurrency market in Bali. FTX, a cryptocurrency behemoth crumbled recently. Due…
Ethereum crash Below $1200 as FTX Drainer Swaps 5000 ETH For Bitcoin
The FTX account drainer swapped around $6M worth of ETH for wrapped Bitcoin.Ethereum’s price is trading below $1,200 on Sunday, charting a decrease of around 3.5% in the past 24…