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Binance Makes Transparency Promise, Reveals $40 Billion in Stablecoin Reserves
According to CEO Changpeng 'CZ' Zhao, Binance is utterly devoted to transparency. As evidence, it has disclosed information on its cold wallet reserves.
CZ, the CEO of Binance, stated on…
Bloomberg reports the SEC and CFTC are investigating FTX
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are investigating FTX.
Bitcoin exchange The Securities and Exchange Commission (SEC) and…
Twitter Is Hit With Elon Musk’s Strict Work Policy
Elon Musk said in his first email to Twitter staff that he anticipates their return to the workplace.
Musk said that staff must report working at least 40 hours each week unless he…
Maple Finance stopped giving loans to Alameda in May upon seeing “key weaknesses”
This year, Orthogonal Credit, which oversees unsecured loan pools on Maple Finance, said that it has rejected funding to Alameda.
Orthogonal Credit, a delegate business that runs lending…
The CEO of Binance claims he did not “master plan” FTX’s demise
CEO Changpeng Zhao informed employees that the near-collapse was unplanned and would likely result in additional regulation.
One day after it was reported that Binance could buy the…
Subway supports Bitcoin, so consumers may order on the Lightning Network
Subway, the biggest franchise in the world is testing the Lightning Network layer-2 Bitcoin payments system in Berlin, Germany, with good results.
In Berlin, the capital of Germany, the…
Mark Zuckerberg’s Meta Fires 11,000 Workers
The parent company of Facebook, Meta, said today that the corporation would lay off 11,000 employees, which might be the largest layoff in the United States this year.
Last week, it was…
Solend struggles to pay down its SOL loan owing to market congestion
Solend is in danger of amassing bad debt as a result of its substantial underwater loan position.
A significant loan position on the Solana-based lending platform Solend is currently in…
Coinbase and Kraken declined after Bitcoin falls below its bottom in June
Coinbase and Kraken have experienced connection troubles as the decline of FTT have sent Bitcoin below its June lows of $18,000.
Just before 19:00 UTC, Kraken declared that it was…
FTX’s sale to Binance kills Bankman-Fried’s bill
The priority measure of FTX CEO Sam Bankman-Fried is unlikely to pass before the Congress session ends in January since FTX sold to Binance during its token crash.
This year, FTX CEO Sam…