Binance hires the accounting firm that disavowed Donald Trump's financials to verify its crypto reserves

businessinsider.com Antonio Masiello/Getty Images Binance is enlisting accounting firm Mazars to verify its cryptocurrency reserves. Mazars' US unit previously worked for former President…

Binance Seizes FTX Bankruptcy To Expand Into Japan

blockworks.co Binance has acquired a highly regulated crypto exchange in Sakura Exchange BitCoin (SEBC) for an undisclosed amount as it, once again, makes moves to enter the Japanese…

Trillions of SHIB Moved by Whales and Crypto Exchange Under Fire: See Details

u.today According to the details of two transactions shared by Etherscan, over the past 24 hours, an anonymous whale transferred a mind-blowing amount of SHIB to the Binance…

The crypto bromance of Binance’s CZ and Tron’s Justin Sun

protos.com Tron founder Justin Sun may have a unique relationship with Binance and its CEO Changpeng Zhao (CZ) that’s driven by Chinese money. According to The Verge, Sun is the…

Binance acquires regulated crypto exchange in Japan By Cointelegraph

investing.com Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan…

Binance acquires regulated crypto exchange in Japan

cointelegraph.com Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan…

Sam Bankman-Fried’s crypto exchange files for bankruptcy

economist.com Sam Bankman-Fried’s crypto exchange files for bankruptcy Now begins the blame game It is over. ftx, once the third-largest cryptocurrency-trading platform and crown jewel in…

The spectacular fall of FTX and Sam Bankman-Fried

economist.com Last week Sam Bankman-Fried was the most important person in crypto. The floppy-haired 30-year-old former billionaire, who goes by sbf, is the founder of ftx, then the…

Markets Rally After Binance Proposes ‘Industry Recovery Fund’

thedefiant.io Crypto markets rallied early Monday after Binance CEO Changpeng Zhao (CZ) proposed to create an “industry recovery fund” that would invest in companies struggling to stay…

BNB Leads Gains Among Top Cryptos: Will Binance Coin Continue To Roar?

newsbtc.com BNB is currently trading at $300.082 with a 24-hour trading volume of $1,059,515,334. Despite the general market slump, the coin has been one of the top performers. It…

Binance CEO Move Funds for PoR Audit, Warns to Ignore FUD By CoinEdition

investing.com A crypto analyst, Dylan LeClair, felt “weird vibes” from Binance CEO Changpeng Zhao, due to the movement of funds during an ongoing Proof-of-Reserve audit of the firm. Fear,…

How stable are stablecoins in the FTX crypto market contagion? By Cointelegraph

investing.com If early November’s FTX collapse was crypto’s “Lehman moment” — as more than a few pundits have suggested — will the FTX contagion now spread to stablecoins? After all,…

‘Huge BTC Transaction Part of POR Audit,’ Claims Binance CEO By CoinEdition

investing.com After the significant flow of more than 127,000 BTC in a single transaction, Binance CEO Changpeng Zhao clarified that the company transferred the fund under the requirement…

Massive BabyDoge Burn Coming in 2 Days: Report

u.today The official account of Baby Doge Coin has posted a reminder for the BabyDoge community that a recently-voted-in token burn will start in two days' time. Burn coming on Dec.…

Has Binance Bitten off More Than It Can Chew With Its Plans for Global Dominance?

beincrypto.com As Binance expands with acquisitions and consolidates its market dominance, some wonder at the extent of CEO Changpeng Zhao’s ambitions. Zhao said in a recent interview that…

Binance’s $2B BTC Outflow Triggers Alarm Bells

cryptodaily.co.uk The $2 billion of Bitcoin funds moved by Binance was a part of a proof-of-reserve audit conducted by the crypto exchange. FUD Spikes With BTC Outflow A significant outflow…

Bitcoin plunges to a 2-year low as FTX collapse contaminates industry

euronews.com Cryptocurrencies are continuing to feel the shockwaves of the crumbling FTX empire with Bitcoin plunging to a 2-year low of $15,480 (€15,050) on Tuesday as other cryptos…

The latest on FTX: Bankruptcy, lost crypto and criminal probes

euronews.com Cryptocurrencies are still feeling the aftershocks of last week after the third-largest crypto exchange FTX imploded and later filed for bankruptcy. The company saw…

Bitcoin plunges as Binance walks away from FTX bailout. Is this the new crypto crisis?

euronews.com Cryptocurrencies across the board are taking a massive hit with Bitcoin reaching a yearly low after the third-largest crypto exchange FTX Trading is reportedly experiencing…

Binance’s bailout fund is a welcome backstop for crypto

theblock.co Last week, the world’s largest crypto exchange Binance formally unveiled a $1 billion “industry recovery fund” to help contain the damage dealt to the industry by the…

Binance Moves $2B Bitcoin From Proof Of Reserves As 'Part Of Audit:' CZ Says More To Come

benzinga.com Binance has moved 127,351 Bitcoin BTC/USD worth $2 billion from its proof-of-reserves to demonstrate its control over a wallet, which received a huge transfer on Monday and…

Fundstrat saw Bitcoin hitting $200,000 before it fell to $16,000. Here’s why they’re still hopeful after a ‘horrific year’ for crypto

yahoo.com Crypto has had a tumultuous year, to say the least. And even its bullish investors are admitting it. Fundstrat is a prominent one. Earlier this year, the equity research…

Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish

cointelegraph.com Bitcoin (BTC) bears have been in control since Nov. 11, subduing BTC price below $17,000 on every 12-hour candle. On Nov. 28, a drop to $16,000 shattered bulls' hope that…

Binance CEO Changpeng Zhao Makes Prediction on Crypto Regulation: Report

dailyhodl.com Binance CEO Changpeng Zhao reportedly says the world’s governments should regulate the digital asset industry instead of opposing it. Reuters reports that during a speech at…

FTX Collapse: Bankman-Fried Will Receive Zero Dollars

thestreet.com On the morning of November 8, Sam Bankman-Fried, founder and CEO of FTX and Alameda Research, a hedge fund that also trades in cryptocurrencies, was a billionaire. He was…

CZ Refutes Claims That Binance Sent 127K BTC to Unknown Wallet By CoinEdition

investing.com Founder and CEO of crypto exchange Binance, Changpeng Zhao refuted claims that 127,351 Bitcoin (2,062,504,721 USD) were transferred from Binance to an unknown wallet.…

Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit

cointelegraph.com Cryptocurrency exchange Binance is moving large amounts of cryptocurrency as part of its proof-of-reserve (PoR) audits, according to the CEO. Binance sent 127,351 Bitcoin…

Binance moves $2 billion of bitcoin as part of reserves audit

coinmarketcap.com Share Share Binance has moved 127,351 bitcoin ($2 billion) to verify to an auditor it has control over the claimed address. The transfer of such a large amount of bitcoin…

BNB Drops 6% as "Dr. Doom" Roubini's Criticism of CZ Considered Bullish by Some in Community

u.today Prominent economist Nouriel Roubini, who accurately predicted the mortgage market crisis a few years before it actually struck the world in 2008-2009 that earned him the…

127,351 Bitcoin worth $2 Billion exits Binance

watcher.guru Binance has been the talk of the crypto town lately. With its rival succumbing, Changpeng Zhao’s crypto platform was seen shining brighter than ever. While finding new ways…

LINE’s crypto exchange BITFRONT announces closure, to suspend trading by 2023

forkast.news LINE’s cryptocurrency exchange based in the U.S., BITFRONT, has announced closure on Monday to shift its focus to developing LINE’s blockchain ecosystem. See related…

Binance Unveils Its Proof-of-Reserve System, Kraken CEO Calls It Pointeless

coinspeaker.com Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging…

FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows

cointelegraph.com The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of…

Don’t fight crypto, regulate it, says Binance’s Changpeng Zhao

coinjournal.net Previous article Don’t fight crypto, regulate it, says Binance’s Changpeng Zhao Next article $MCADE presale is now live! Play. Earn. Build. Connect. Start $MCADE presale is…

Changpeng Zhao says Binance has ‘no negative balances involved’ in proof of reserves

forkast.news Changpeng Zhao, founder and chief executive officer of cryptocurrency exchange Binance, tweeted on Saturday that the company’s proof of reserves (PoR) have “absolutely no…

CZ: Nearly A Quarter Of WhatsApp Numbers Are For Sale On The Dark web

binance.com According to Binance CEO Changpeng Zhao (CZ), there have been rumors that over 487 million WhatsApp numbers have been leaked on the dark web. The bad actor intends to sell…

FTX Collapse: Bankman-Fried May End Up in Jail, Says Mark Cuban

thestreet.com Since the fall of his crypto empire on November 11, almost everything has been said about Sam Bankman-Fried. His crypto bros called him "criminal." They accused him of lying…

Proof Of Reserves: Why Binance Is Launching A Website Dedicated To Transparency

bitcoinist.com Binance announced on Friday that it is establishing a new proof of reserves (PoR) website to indicate that it holds client assets in full as a digital currency keeper.…

These money and investing tips can help your portfolio sail through December

marketwatch.com Don’t miss these top money and investing features: - ‘Santa Claus rally’ for stocks is likely this year — but you won’t be opening presents until after Christmas - These 2…

Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless

bitcoin.com Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of…

FTX Collapse: Binance Stores $2 Billion to Save Struggling Firms

thestreet.com The abrupt collapse of FTX continues to reverberate through the cryptocurrency industry. While it is still very early to determine the full repercussions of Sam…

Binance releases its Proof-of-Reserve, but not without criticism from…

ambcrypto.com Binance releases its Proof-of-Reserves mechanism - However, its Merkle Tree mechanism has been met with criticism In the wake of the FTX‘s collapse, Changpeng Zhao (CZ), the…

Crypto firms are vowing to show proof of reserves after FTX's collapse. But here's what it really means and why it isn't enough to restore confidence

businessinsider.com Binance CEO Changpeng Zhao. REUTERS/Darrin Zammit Lupi The collapse of FTX has spurred other crypto firms to try to increase trust by promising more transparency. Binance…

Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings

cointelegraph.com Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin (BTC) holdings.…

CZ Responds to Jesse P’s Question: No Negative Balances in PoR By CoinEdition

investing.com Binance CEO Changpeng Zhao responded to the questions raised by Kraken’s CEO Jesse Powell, who called Binance’s newly launched Proof-of-Reserves pointless, claiming that it…

Binance Replies to Kraken CEO Who Criticized its Proof-of-Reserve By CoinEdition

investing.com Changpeng Zhao, the CEO of the largest crypto exchange Binance, has reacted to the criticism from Jesse Powell, the CEO of the US-based crypto exchange, Kraken. The Binance…

Binance’s U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse

barrons.com The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt lender Voyager Digital following the collapse of FTX, which in September…

Binance Introduces a $1B+ Industry Recovery Initiative

247wallst.com Binance’s Changpeng Zhao announced that his company might create a fund to help distressed companies within the crypto industry soon after FTX filed for bankruptcy. Today,…

Binance CEO Changpeng Zhao says don’t fight crypto, regulate it

theglobeandmail.com Binance chief executive officer Changpeng Zhao said on Friday regulation rather than opposition of the crypto sector is a better option for world governments as digital…

Binance commits another $1 billion to crypto recovery efforts

yahoo.com Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its relief efforts aimed at helping troubled businesses in the crypto…

In Crypto We Trust: Binance Promises Greater Transparency With Proof of Reserves

beincrypto.com Binance has released its Merkle tree proof of reserve system, enabling its users to verify their holdings with the exchange. In the wake of the collapse of cryptocurrency…

Three crypto giants vying to buy Voyager Digital

cryptodaily.co.uk Binance, CrossTower, and Wave Financial are bidding once more for the grand prize of Voyager Digital and its assets. Three crypto firms are in contact with Voyager Digital…

Users Can Now Verify the Bitcoin They Own on Binance via Merkle Tree

cryptopotato.com The world’s largest cryptocurrency exchange – Binance – introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The…