68 / 69 Relevant items tagged with #Binance
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Payments company Curve bids for BlockFi's 87,000 credit card customers
[Nov 13, 2022 8:09 PM] A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12.
Vitalik Buterin calls out FTX for virtue signaling: 'deserves what it's getting'
[Nov 13, 2022 2:50 AM] While acknowledging the damage caused by FTX, Buterin believes that FTX CEO Sam Bankman-Fried, as a person, deserves love.
Indian Authority Freezes 150 Bitcoins Held at Binance Crypto Exchange
[Nov 13, 2022 1:30 AM] India’s Enforcement Directorate (ED) says that it has frozen 150.22 more bitcoins held at cryptocurrency exchange Binance. The freeze is part of an investigation into mobile gaming application E-nuggets, which was designed to defraud the…
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
[Nov 12, 2022 10:00 AM] When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to…
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
[Nov 12, 2022 5:18 AM] With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
[Nov 11, 2022 1:30 PM] On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet…
FTX crisis likely to spark a domino effect, macro analyst explains
[Nov 11, 2022 12:00 PM] The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.
Crypto Biz: Crypto’s day of reckoning has arrived
[Nov 11, 2022 10:30 AM] After lecturing us about crypto regulation, Sam Bankman-Fried's house of cards collapsed this week as FTX declared bankruptcy.
Chainlink Labs offers Proof of Reserve service for embattled exchanges
[Nov 10, 2022 4:19 PM] The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced.
FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories
[Nov 10, 2022 4:03 PM] Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.
Binance Shares Hot and Cold Wallet Crypto Addresses and Details About the SAFU Fund
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
[Nov 10, 2022 12:30 PM] On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder…
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies
[Nov 10, 2022 12:00 PM] The Binance CEO added that the amount of misinformation going around now is “insane.”
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’
[Nov 10, 2022 11:30 AM] On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a…
Breaking: FTX appears to have resumed withdrawals, blockchain data shows
[Nov 10, 2022 10:25 AM] Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute.
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
[Nov 10, 2022 9:00 AM] During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion…
Binance shares wallet addresses and activity after proof of reserve pledge
[Nov 10, 2022 7:42 AM] Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity.
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
[Nov 10, 2022 3:40 AM] The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.
FTX and Binance’s ongoing saga: Everything that’s happened until now
[Nov 9, 2022 10:06 PM] The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now.
FTX Acquisition And Crypto Crash Is Bad For The Community, Says CZ Binance
[Nov 9, 2022 8:23 PM] CEO Changpeng Zhao (CZ) gave statements to clarify the air amid the FTX ordeal and circumstances surrounding its acquisition by Binance. On Tuesday, FTT, the FTX native token, went to ruins with over 73% decline. It happened after the exchange…
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
[Nov 9, 2022 6:30 PM] According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state…
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
[Nov 9, 2022 4:37 PM] BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market.
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
[Nov 9, 2022 4:30 PM] Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig…
Binance Walks Away From FTX Acquisition
[Nov 9, 2022 3:38 PM] The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.Binance walks away from FTX deal following due diligence.Firm also mentioned U.S. investigations of FTX.Retail investors are…
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000
[Nov 9, 2022 3:27 PM] Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their…
Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours
[Nov 9, 2022 3:21 PM] Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement.
Binance’s victory over FTX means more users moving away from central exchanges
[Nov 9, 2022 2:51 PM] Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users.