CoinMarketCap Launches Proof-of-reserve Tracker
The tool laughed by CoinMarketCap, allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses. A new tool on CoinMarketCap’s platform that provides users with up-to-date financial details on exchanges has been launched, according to the leading market researcher and tracker in the cryptocurrency business. The industry’s active cryptocurrency exchanges […]
Crypto.com undergoes new investigations following market crisis
In the aftermath of rival exchange FTX’s shocking collapse last week, Crypto.com, the cryptocurrency exchange that the 2022 Qatar World Cup has come under more scrutiny and concern. Crypto.com CEO Kris Marszalek made an effort to reassure customers during a Monday AMA (ask me anything) on YouTube by stating that the platform is “doing business […]
CrossTower Updates New Offer For Voyager’s Assets
CrossTower is working on a revised offer for the assets of Voyager after FTX US, the original winner, filed for bankruptcy on Nov. 11. According to a spokesperson, cryptocurrency exchange CrossTower is working on a revised offer for the assets of defunct crypto lender Voyager Digital. After FTX US, the first winner of the offer, […]
BaFin Warns Coinbase Germany Of Business Violations
The exchange was mandated by Germany’s Federal Financial Supervisory Authority (BaFin) to ensure company organization. The German branch of Coinbase was directed to guarantee suitable corporate structure by Germany’s Federal Financial Supervisory Authority (BaFin). The operations of Coinbase Germany violated criteria for effective corporate organization, according to Germany’s BaFin. It claimed that the company’s organizational […]
Coinbase transaction revenues drop 44% as user activity dips in Q3
Coinbase efforts to cut costs have resulted in some streamlining, despite the fact that unfavorable market conditions caused revenues to fall in Q3. Even though activity decreased due to a general market slump in the third quarter, cryptocurrency exchange Coinbase nonetheless managed to reduce its losses from the previous quarter by half. The firm said […]