Nic Carter explores proof-of-reserves, ranks exchange attestations
Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete. Bitcoin advocate Nic Carter has ranked the attestations supplied by some of the most well-known crypto trading platforms and published an in-depth review of centralized exchange proof-of-reserves. Carter published a thorough analysis of the proof-of-reserves from various exchanges. […]
Binance cites 7 instances of FUD in Chinese blog post
Binance, the biggest cryptocurrency exchange in the world, cited seven instances of Fear, Uncertainty, and Doubt (FUD) in a recent blog post written in Chinese. Binance issued a blog post in Chinese on December 22 that clarified seven important points. There was no English-language version accessible at the time this article was written. The temporary […]
Binance Acquires Indonesian Crypto Exchange Tokocrypto
This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach. According to reports from the region on December 19, Binance has purchased Indonesian crypto asset dealer Tokocrypto. Binance CEO Changpeng Zhao (CZ), who confirmed the purchase in a tweet, said the transaction “simply injected more capital […]
Binance US makes mobile payments available to its customers
Binance US has implemented a service named “Pay” for US consumers, which its global parent launched to users outside the US in 2021. Binance US, a cryptocurrency exchange based in the United States, has finally launched its Binance Pay service, 22 months after the global exchange offered the functionality to its users outside the United […]
U.S DOJ divided over charging Binance for alleged crypto crimes
Binance has faced compliance warnings from many countries, but it managed to overcome those shortcomings in most nations barring the U.S. The investigation of cryptocurrency exchange Binance by the US Department of Justice (DOJ), which began in 2018, is almost over. According to a Reuters story, US prosecutors disagree over whether the accumulated evidence is […]