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Crypto Analysis
Alameda Research withdrew $204M ahead of bankruptcy filing: Arkham Intelligence
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According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in USD-pegged stablecoins. Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy,…
Binance proof of reserves is ‘pointless without liabilities:’ Kraken CEO
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According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the…
Binance proof of reserves is ‘pointless without liabilities:’ Kraken CEO
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According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the…
Trouble in the Bahamas following FTX collapse: Report
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Locals say they are having to contend with vacant apartments and the loss of job opportunities once provided by the collapsed exchange. Following the collapse of crypto exchange FTX, which was headquartered in the island country of…
Trouble in the Bahamas following FTX collapse: Report
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Locals say they are having to contend with vacant apartments and the loss of job opportunities once provided by the collapsed exchange. Following the collapse of crypto exchange FTX, which was headquartered in the island country of…
FTX stake in US bank raises concerns about banking loopholes
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The chairman of the rural bank, Jean Chalopin, also happens to be the chairman of Deltec Bank, which has Tether and Alameda both on its client list. The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects…
ConsenSys addresses MetaMask IP collection, claims nothing has changed
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ConsenSys says the IP address data collected through MetaMask users will not be monetized or “exploited.” After community backlash received from an initial privacy policy revision on Nov. 23, ConsenSys, the parent company of MetaMask,…
Independent research verifies GBTC’s 633K Bitcoin: So why won’t Grayscale?
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In the wake of the FTX crisis proof of reserves has been a trending topic, and it seems when firms are unwilling to provide it, analysts may step in. With digital asset management firm Grayscale refusing to provide proof of reserves for…
BIS report finds uneven progress, differing motivations in African CBDC adoption
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A survey of the continent’s central banks shows optimism about greater efficiency and inclusion, but several drawbacks remain; Nigeria already has an operational retail CBDC. Mobile money has been a strong competitor to central bank…
Sam Bankman-Fried still speaking at events and the community is furious
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The former FTX CEO said he will be speaking at a conference by The New York Times, the same outfit that wrote the recent puff piece on Bankman-Fried. Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the crypto…