Mon, February 3

Binance CEO CZ Meets Albanian Prime Minister Over Crypto Adoption

CEO of Binance, Changpeng Zhao (CZ) recently posted a tweet that seemed to take place in Albania, where he met with Prime Minister Edi Rama and the team from RNS.ID, which bills itself as the first sovereignty-backed digital ID platform. It is unclear why CZ is in the southern European

November 27, 2022 2 mins read

Crypto Exchange Coinsquare Hit With User Data Breach

User’s private information was hacked only one month after Coinsquare became the first Canadian cryptocurrency trading platform to be approved by the Investment Industry Regulatory Organization of Canada (IIROC). The money investors have on Coinsquare are protected by the Canadian Investment Protection Fund. In the case of the exchange’s collapse.

November 26, 2022 1 min read

Kraken CEO Criticizes Binance’s Merkle Tree Proof of Reserves

Kraken’s CEO, Jesse Powell, recently stormed out over Binance, calling the exchange’s proof of reserves useless due to the absence of “proof-of-liabilities.” The bankruptcy papers of FTX’s clients revealed that FTX had leased out a significant portion of their assets before the exchange’s insolvency. Leading exchanges have been rushing to

November 26, 2022 2 mins read

Crypto Trading Firm ‘Hayvn’ Plans Bidding For Acquiring FTX Pay

On Friday, Abu Dhabi-based cryptocurrency trading firm Hayvn said that it was contemplating making an offer to acquire FTX’s payments business, FTX Pay. Executives at Hayvn believe FTX Pay is a good fit for the Hayvn Pay system. Moreover, it has been claimed that FTX, now a defunct cryptocurrency exchange,

November 25, 2022 2 mins read

Binance Announces Delisting of Serum Token Trading Pairs

In a recent announcement, Binance said that it will no longer support trading pairings involving the SRM token issued by Serum including against the Binance exchange token (BNB), Bitcoin (BTC), and Tether’s stablecoin (USDT). Serum is the token used for governance on the decentralized Solana-based exchange backed by FTX and

November 25, 2022 2 mins read

Binance Unveils Merkle Tree Proof of Reserves (PoR) System

The Merkle tree Proof of Reserves (PoR) protocol was just announced by Binance, the largest crypto exchange.  To better show users where their money is going, Binance says this new function is a must-have. According to a recent tweet from WuBlockchain. The exchange plans to begin rolling out this capability

November 25, 2022 2 mins read

Binance Allotted $1 Billion Again for Crypto Recovery Funds

Binance contributed another $1 billion to industry recovery initiatives on November 24. And the fund was raised to the tune of $2 billion to protect the crypto firms’ recovery. Furthermore, Binance CEO Changpeng Zhao “CZ” indicated that all funds are in BUSD. Yesterday, #Binance allocated ANOTHER $1 billion to the

November 25, 2022 1 min read

Leading South Korean Exchanges Announces Delisting of WEMIX Token

The WEMIX token, used on the WEMIX gaming platform, has been delisted from many major South Korean cryptocurrency exchanges. The cryptocurrency venture recently disclosed that it was receiving funding from corporations including software giant Microsoft. Furthermore, the token’s delisting date was declared by the Digital Asset Exchange Joint Consultative Body,

November 25, 2022 1 min read

Bybit Introduces $100M Institution Support Fund

As a result of the crisis surrounding FTX, the cryptocurrency industry has been shaken to its core during the last two weeks. Both traders and organizations have been badly impacted since they have been confronted with monetary and/or operational challenges. As a leading cryptocurrency exchange, Bybit stated that it understands

November 24, 2022 1 min read

Amazon and Avengers Director to Release Mini Series on FTX

The directors of Marvel’s “Avengers” franchise have been engaged by Amazon to create a mini-series on the demise of crypto exchange FTX. Film trade publication Variety reports that “Avengers: Infinity War” and “Avengers: Endgame” filmmakers Joe and Anthony Russo, as well as the directors of Netflix’s “The Gray Man,” will

November 24, 2022 2 mins read
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