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Search Results for: FTX

Huobi Token (HT) Surges 24% Amid Recent Developments

There has been a 24% increase in the value of Huobi Token (HT) during the last day. The price of one HT has risen from its all-time low of $3.70 on November 13 to its current price of $7.22. The values of cryptocurrency tokens have taken a beating in the

November 26, 2022 1 min read

Dogecoin (DOGE) Price Rallies Despite Sluggish Market Conditions

While Bitcoin, Ethereum, and the rest of the cryptocurrency market have scarcely moved, Dogecoin has skyrocketed. There was a dramatic uptick in the price of Dogecoin, showing the strength of purchasers. DOGE has shown a clear breakthrough over a nearby resistance level, which may indicate a continuation of the current

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 Lender Genesis Being Probed by Several U.S States

Because of the widespread impact of FTX’s demise, several U.S. regulatory authorities are now looking into the crypto exchange and other centralized operators. According to Barron’s, regulators in many states are now looking into Genesis Global Capital. As per Alabama Securities Commission Director Joseph Borg, who spoke with Barron’s, “several

November 26, 2022 1 min 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

LEO Token (LEO) Price Prediction 2022 — Will LEO Hit $6 Soon?

In LEO Token (LEO) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about LEO to analyze the future movement of the cryptocurrency.  LEO Token (LEO) Current Market Status According to CoinGecko, the price of LEO Token (LEO) is $4.21 with a 24-hour trading volume of

November 25, 2022 8 mins read

Crypto Lending Platform Matrixport Seeking $100M Fundraise

Matrixport Technologies Pte, one of Asia’s largest crypto lenders, is attempting to seek $100 million in new capital at a $1.5 billion value. Due to the FTX crash, big crypto lenders like BlockFi and Genesis have been experiencing a severe shortage of available funds. Financial backers have pledged at least

November 25, 2022 1 min read

Elon Musk’s Response to Inquiries on SBF’s Twitter Stake

As per Semafor, Sam is said to be associated with Twitter. The publication mentioned Sam to be holding a $100 million stake in the micro-blogging social media. Twitter chief Elon Musk completely declines this statement. Elon tweeted: No. He may have owned shares in Twitter as a public company, but

November 25, 2022 1 min read