Crypto Market Highlights News Of The Day
Binance Affirms Will Not Use Customer Money For Trading
After the collapse of FTX, Binance has made many moves to strengthen customer trust as well as demonstrate transparency. The market’s largest crypto exchange asserts separation between customer funds and corporate assets, and an isolated customer crypto-asset chain wallet is under construction. For more specific information, you can read the article below:
Huobi Has Denied The Reports That It May Merge With Poloniex
Huobi, a cryptocurrency trading platform, has dismissed reports that it will merge with Poloniex as “categorically wrong.” For more specific information, you can read the article below:
Coinbase Launches $500,000 Developer Grant Program
Coinbase, a cryptocurrency exchange, published an article titled “How Crypto Companies Provide Proof of Reserves” on its official website. For more specific information, you can read the article below:
FTX Account Drainer Used ChipMixer To Launder The Stolen Funds
According to on-chain detective ZachXBT, the FTX account drainer used ChipMixer to hide his money and has already laundered about 360 Bitcoin (BTC). For more specific information, you can read the article below:
Kraken CEO Said Binance Proof-of-Reserves Is ‘Pointless’
One of the first crypto exchanges to disclose its proof-of-reserves was Binance, and a lot of other companies soon followed. These previous proofs of reserves, however, were nothing more than the contents of the exchange’s cold wallet accounts. For more specific information, you can read the article below:
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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