Join Our Telegram channel to stay up to date on breaking news coverage To demonstrate that the cryptocurrency exchanges are backing investor assets 1:1, two cryptocurrency exchanges this week produced…
Mazars took a snapshot of Binance’s total reserves and liabilities on Nov. 22 to perform a collateralization analysis. Assets included were customers’ spot, options, margin, futures, funding, loan and earn…
In the same quarter, TeraWulf significantly increased its hashrate, or computing power, and energy capacity that could be used for deploying mining machines. About 50 megawatts (MW) of power were…
Crypto exchanges are now scrambling to publicly publish their fund reserves. On Wednesday alone, nine exchanges – Binance, Gate.io, KuCoin, Poloniex, Bitget, Huobi, OKX, Deribit and Bybit – separately issued…
The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the company.Tether issued a statement on Monday…
Bitcoin is crashing again, temporarily plunging it to below $20,200 earlier today, as spooked traders have frantically been selling off the cryptocurrency before the US Federal Reserve is expected to…
On April 6, onchain information shows the Roman deity Foundation Guard’s (LFG) bitcoin billfold has another 5,040 bitcoin to its reserves. The other funds were valued roughly $221 million at…
“AVAX is an excellent reserve asset to complement bitcoin [BTC] in the LFG treasury,” Ava Labs President Jon Wu told CoinDesk via Telegram. “This is just the beginning for these…
On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for the staking rewards, Do Kwon —…
On Friday, Do Kwon, founder and CEO of Terraform Labs, which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated…
