-
Binance's 8 Wallet "error" was there for all to see
Binance, the world's largest crypto exchange, kept coins in a wallet with others that didn't belong there, raising the specter of company and customer assets commingling. The big picture: In the wake of FTX's collapse, in which the commingling of assets appears to have played a role, Binance and its founder Changpeng "CZ" Zhao emphasized the importance of transparency and trust. What's happening: Binance's "8 Wallet" was marked for reserves, to hold the collateral for derivative tokens used on Binance's native blockchain. • Because the wallet held more than was necessary for that collateral, as an analyst and ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From decrypt.co|Jan 25, 2023Bitcoin evangelist Roger Ver said in a Reddit post yesterday that he has “sufficient funds” to pay now-bankrupt crypto broker Genesis the $21 million he owes, but argued that he ...
-
From cnbc.com|Jan 25, 2023Cryptocurrency exchange Luno is the latest company in the industry to make layoffs, setting out to cut 35% of its global workforce. The London-based firm’s CEO, Marcus Swanepoel, ...
-
From cato.org|Jan 25, 2023To say the last few months have been tumultuous for the cryptocurrency industry may be an understatement. But it’s interesting to consider how the cryptocurrency mining industry ...
-
- Newer Stories
-
From @tier10k|Jan 25, 2023|2 commentstweet at 4:07pm: [DB] Tesla Crypto Holdings Unchanged
-
From coindesk.com|Jan 25, 2023Crypto quantitative trading firm Pythagoras Investment Management LLC made it through the turmoil of 2022 in a rare position. The firm’s funds were up 8% for the year even with ...
-
From coindesk.com|Jan 25, 2023Electric car maker Tesla (TSLA) did not buy or sell any bitcoin in the fourth quarter for the second straight quarter, the company reported Wednesday in its latest earnings ...
- Story Stats
- Posted: Jan 25, 2023 3:41pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 58
