Kraken CEO Calls Binance ‘Proof Of Reserves’ Pointless
The most recent exchange to disclose its reserves is Binance, however, Kraken’s CEO Jesse Powell went ahead to attack the exchange.
Author: Godfrey Mwirigi
Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.
Godfrey Mwirigi
programmer & freelance writer
Articles by Godfrey Mwirigi
Elon Musk`s Alternative Phone to Hedge Dogecoin Adoption
In case Google and Apple Inc. decide to ban Twitter from their app stores, Elon Musk, the CEO of Tesla and Twitter, has now hinted at developing a new alternative phone.
Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
Binance Releases Proof of Reserves System
The released Binance proof of reserves system starts with $BTC at launch, with other tokens and networks being added in the next couple of weeks
Long-Term Crypto Holders Shift to Distribution
A movement allegedly for the purpose of selling has been seen in the past weeks as long-term crypto holders have been seen moving their coins.
Binance Pledges $1 Billion to Crypto Recovery Fund
Binance cryptocurrency exchange said on Thursday that it will devote $1 billion to creating an industry recovery initiative (IRI) to fund crypto businesses.
CEO: Binance is Not a Chinese Company
CEO of Binance Changpeng Zhao said on BloombergTV that his business is incorrectly considered Chinese since he has a Chinese appearance. Read CNL.
Chinese Mafia Plans Filipino Scammer Team in Myanmar
A supposed scam scheme that was allegedly carried out by a Chinese mafia was revealed by Sen. Risa Hontiveros on Monday featuring trafficked Filipinos.
Harvard Report to Central banks Advises Bitcoin purchase
According to Matthew Ferranti, nations subject to international sanctions might lessen their effects by storing large amounts of cryptos like Bitcoin.
Troubled Bitcoin Miner Core Scientific on Bankruptcy Risk
Giant Core Scientific, a major BTC miner, predicted that it would need to sell its own BTC at the end of the year because it would run out of money.
El Salvador`s First Step To Issue Bitcoin Volcano Bonds
The country’s parliamentary assembly received a digital assets issue law opening the door for the introduction of its bitcoin-backed “volcano” bonds.
SBF And Relatives Own Property Worth $121M In The Bahamas
A Reuters article claims that Sam Bankman-Fried’s exchange FTX, its senior executives, and his parents all bought Bahamas homes totaling $121 million.
