Metrics: Crypto Implosions Result From Centralized Entities
A Redditor said that the failure of all unsuccessful crypto businesses was due to the fact that they were all centralized, not because they were crypto.
A Redditor said that the failure of all unsuccessful crypto businesses was due to the fact that they were all centralized, not because they were crypto.
According to a Netflow chart by Cryptoquant, the withdrawal of Bitcoin from exchanges has risen to its greatest levels in history during the last week.
Canadian entrepreneur Kevin O’Leary engaged in a word war with Bitboy Crypto in connection with the former’s investment in FTX.
The most recent exchange to disclose its reserves is Binance, however, Kraken’s CEO Jesse Powell went ahead to attack the exchange.
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
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
Binance cryptocurrency exchange said on Thursday that it will devote $1 billion to creating an industry recovery initiative (IRI) to fund crypto businesses.
CEO of Binance Changpeng Zhao said on BloombergTV that his business is incorrectly considered Chinese since he has a Chinese appearance. Read CNL.
Sam Bankman-Fried confirmed that he will still be a speaker at the New York Times for the DealBook Summit. Read CNL for more.
Binance CEO denied meeting investors in the Middle East to solicit for the company’s crypto recovery fund. Read CNL.
Binance, a cryptocurrency exchange, was approached by Genesis about investing, but the latter rejected the offer owing to potential conflicts of interest.
The Cardano ecosystem has recorded unprecedented growth with the number of wallets increasing by 33,097 in the past week.