Breaking: Binance CEO “CZ” Reveals Plans On FTX, Industry Recovery Fund
Binance CEO Changpeng “CZ” Zhao in an interview with Bloomberg on Thursday, November 24 answered questions on FTX contagion, Coinbase reserves, industry recovery fund, etc. He believes there will be some contagion for some time as a result of the collapse of the crypto exchange FTX.
Ravencoin Spikes 20% Following Binance Pool Announcement
Ravencoin (RVN) spiked 20% following Binance Pool’s <a href="https://www.binance.com/en/support/announcement/binance-pool-officially-launches-ravencoin-rvn-mining-pool-b9aaee162b9c4d90b868fdc716625446">announcement</a> of mining services for the proof-of-work (PoW) coin.
Bitfinex’s Reserves Are 91% Bitcoin, Ethereum
According to data shared by crypto influencer <a href="https://twitter.com/john_j_brown/status/1594626237200470016">John Brown</a>, 91% of <a href="https://cryptoslate.com/companies/bitfinex/">Bitfinex</a> exchange’s reserves are Bitcoin (<a href="https://cryptoslate.com/coins/bitcoin/">BTC</a>) and Ethereum (<a href="https://cryptoslate.com/coins/ethereum/">ETH</a>).
Terra Classic (LUNC) Defeats Bitcoin (BTC) in the Binance Showdown Contest
Terra Classic (LUNC) came out as the winner in the just-concluded Community Showdown contest hosted on Twitter by Binance, the world’s largest digital assets exchange. This goes further to show that support for LUNC remains high, despite the predicament the project experienced in early 2022.
Singapore Central Bank Explains Why Binance Was on Its Alert List, but FTX Wasn’t
The Monetary Authority of Singapore (MAS), the country’s central bank, <a href="https://www.mas.gov.sg/news/media-releases/2022/mas-statement-to-address-misconceptions-in-the-wake-of-collapse-of-ftx" target="_blank">released</a> a statement Nov. 21 to address “some questions and misconceptions that have arisen in the wake of the FTX.com (FTX) debacle.” The agency explained its
Binance's CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Grayscale – Then Backtracks
Battles between crypto exchange titans has driven much of this month's chaos in the industry. The latest salvo from Binance's CEO appears to have been inaccurate.
Binance Knows FTX Hacker? Here’s What Data Suggest
Binance hasn't responded yet on this matter but the recent tweet from Oxscope do raise some serious question.
Binance Tops Bitcoin Reserves As It Sets New ‘Target’
Binance, the world’s largest crypto-exchange, wants to expand even further and plans to bring in 600 new people by the end of the year. The company hopes to have 8,000 employees by the time 2023 rolls around, according to a tweet shared by CEO Changpeng Zhao.
Binance Pool Announces the Launch of Its Cloud Mining Service
The latest service release from Binance Pool has recently generated market-wide interest. The platform’s Cloud Mining service has been launched to facilitate user access to mining equipment.
Binance Now Holds Nearly 600,000 Bitcoin Worth $9.6 Billion–Largest BTC Holder in the World?
With Bitcoin currently hovering around the $16,000 mark, Binance's stack of BTC is worth over $9 billion.
