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The deep-pocketed investors are transferring funds outside Binance. Binance is under investigation by US regulators for money laundering claims.
XRP whales...
Hong Kong, Hong Kong, 13th December, 2022, Chainwire Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving...
Bitcoin and Ether rose in Tuesday morning trading in Asia, with other top 10 non-stablecoin cryptocurrencies putting in a mixed performance. BNB and Dogecoin...
KuCoin, a Seychelles-based cryptocurrency exchange, on Monday released its proof of reserves report issued by third-party auditor Mazars, which concluded that the exchange’s Bitcoin,...
Binance's efforts to improve transparency of its reserves also exposed red flags in the crypto exchange's finances, according to accounting and financial specialists consulted...
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Day’s after publishing the so-called Proof-Of-Reserves, Binance released a new report on Wednesday showing that its customer’s Bitcoin reserves are overcollateralized. The...
"Recent events have validated our approach to risk management. We are market risk neutral and extend credit overcollateralized on our platform. We utilize real-time...
Crypto exchange giant Binance has enough reserves to back its users’ Bitcoin (BTC), according to global auditing firm Mazars.
The auditing report comes after Binance...