Crypto
Can Proof of Reserves Really Prove an Exchange’s Solvency?
Proof-of-Reserves may be a good first step but is it enough?
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Crypto
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Crypto
Crypto
Dominica Launches First National Token with Huobi and Tron Network
Dominica has endorsed Huobi and Tron to launch its national token called Dominica Coin (DMC).
Crypto
New PoR System Lets Binance Users Audit Their Assets
Binance launched a Proof-of-Reserves (PoR) system, allowing users to audit their funds.
Crypto
The “Curve Finance of Cardano” Shuts Down as 3AC-Led Funding Dries Up
Cardano-based DeFi project Ardana has ceased operations citing “funding and project timeline uncertainty.”
Crypto
Justin Sun, Tron DAO to Back Binance’s Industry Recovery Fund: Report
Justin Sun's Tron DAO joins other Web3 leaders that have contributed capital to Binance's industry recovery fund.
Crypto
DCG’s CEO Reassures Shareholders that Intercompany Lending Not a Concern
Digital Currency Group CEO Barry Silbert claims most of its entities are “operating as usual.”
Crypto
Ravencoin Jumps 10% as Binance Pool Adds Support
Ravencoin is up over 10% as the Binance Mining pool announced the support for the PoW token.
Crypto
Proof of Reserve is Not Adequate to Determine an Exchange’s Health
While Proof of Reserves is a good first step, it is an incomplete yardstick without listed liabilities.
Crypto
Bitcoin Mining Difficulty Hits New ATH of 36.95T Despite Selloff
Bitcoin mining difficulty surged 0.5% Monday, reaching a new all-time high of 36.95 trillion.
Market Analysis
Short ETH Funds Saw $14M in Weekly Inflows, Largest on Record
Short investment products represented 75% of total digital asset inflows last week, suggesting a very negative sentiment amongst investors following the FTX debacle.
Crypto
220,000+ BTC Withdrawn from Exchanges in Week After FTX’s Collapse
220K bitcoins were pulled out from crypto exchanges in the period between Nov. 7 to Nov. 18 as a result of FTX collapse.
Crypto
Are Regulators Behind FTX Hack? Creditors Appear to Think So
FTX’s creditors allegedly found a connection between the hack of the company’s assets and the government of the Bahamas.
Crypto
El Salvador Resorts to DCA as Bitcoin Investment Down 60%+
El Salvador President Nayib Bukele has vowed to buy Bitcoin at a pace of one coin per day.