Recently announced, Binance’s Proof-of-Reserves system met criticism from Kraken’s CEO Jesse Powell. Soon, Binance CEO responded on Twitter to Powell’s remarks. Last week, Binance published its Proof-of-Reserves (PoS) system for the company’s Bitcoin (BTC) holdings. The new system initially works with the crypto exchange’s BTC holdings but will later be expanded to include other tokens…
Breaking crypto news from the last week (Nov. 19–25, 2022): Nov. 19: Grayscale Investments said it won’t show proof of reserves, citing “security concerns” after Bitcoin and Ether products fall to new all-time lows. However, Coinbase testified to the security of Grayscale’s digital assets products held in Coinbase Custody, the WSJ reported. Nov. 20: Binance…
Prominent brands from the crypto universe are spearheading novel collaborations and partnerships with mainstream brands and organizations to unlock an array of fully immersive and gamified experiences revolving around the largest football event of the year in Qatar. As social beings, the desire to “belong” is deeply ingrained in us. Since time immemorial, humans have…