Search Results for: Website Claims

Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse

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Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking the necessary…

File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product

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File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a…

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

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This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9,…

Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices

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On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually…

Warren Buffett’s Berkshire Hathaway Warns About Crypto Exchange Website Using Its Name

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The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with Berkshire Hathaway Inc. or its chairman and CEO, Warren E. Buffett….

Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’

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Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday…

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

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The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims…

Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations

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According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from…

Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers

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Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s…

WEF’s Great Reset Agenda Continues to Get Significant Pushback From Critics

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Amid the Covid-19 pandemic in 2020, the world’s bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. Since…