Binance Provides Proof of Reserves in Response to FTX Collapse – This is How Much Money They Have
The major crypto exchange Binance has revealed details about its reserves as nervousness started to spread in the crypto community following the collapse of rival exchange FTX. According to the information Binance has re...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to the information Binance has revealed so far, the exchange held the following digital assets as of November 10:
In total, the current market value of these cryptoassets at the time of writing is close to $71bn....
Read More: Binance Provides Proof of Reserves in Response to FTX Collapse – This is How Much Money They Have
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
South Korea Tightens Crypto Exchange Defenses After Binance’s $6.3B Security Breach
Key Takeaways: South Korea announced that it will examine local crypto exchanges following a $6.3 billion hack at Binance. The exc...
North Korea Rejects $6.3B Binance Crypto Heist Claims, FBI Blames TraderTraitor
Key Takeaways: North Korea has denied that state-sponsored cyber criminals raided about $6.3 billion in cryptocurrencies from Bina...
Blumenthal Investigation Targets Binance, Tether and Trump Crypto Firms as Senate Sets January Deadline
U.S. Senator Richard Blumenthal, following his investigation, has given Binance, Tether, and two Trump crypto companies until Janu...
Trump Crypto Firms Face Senate Records Deadline as Democrats Prepare to Take Control
Trump crypto firms are facing a deadline with a different political weight behind it. Senator Richard Blumenthal has renewed deman...
With Probe Gavel in Reach, Blumenthal Warns Binance and Tether of ‘Alternative Measures’
Sen. Richard Blumenthal (D-Conn.) is set to chair the Senate Permanent Subcommittee on Investigations (PSI) when Democrats take th...
North Korea launders Binance funds with Elon Musk memecoin, report
North Korea-linked hackers who stole $6.4 billion from the world’s biggest crypto exchange Binance are reportedly laundering the s...