Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan tostrengthen its positionas a domestic cryptocurrency exchange

Poročilo: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

Po podatkih ZDA. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, ZDA. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by

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

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. dne dec. 9,…

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

While bitcoin prices have been lower than the estimated cost of bitcoin production, omrežje’s hashrate has dropped a great deal since mid-November. Trenutno, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash na sekundo (EH/s)…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 milijarde. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTXs turbulent

Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange

While theres been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. Pravzaprav,…

Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy

One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific

Blizu 60,000 BTC Erased From Bitcoin Treasuries in 9 meseci, 4 Entities Hold More Than 100K BTC

During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. Vendar, during the last nine months of 2022, the number of bitcoin stored in these types of

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation causedno losses to Tether.According to the stablecoin issuer, the…