Crypto news

Visa und Plan A kooperieren exklusiv, um Unternehmen weltweit zu dekarbonisieren Visa, Weltmarktführer im digitalen Zahlungsverkehr, und Plan A geben heute eine exklusive, langfristige Partnerschaft bekannt, mit dem Ziel, die nachhaltige Transformation von Unternehmen auf globaler Ebene entscheidend voranzutreiben. Im Rahmen der Partnerschaft wird Visa die Plan A Sustainability Platform, eine führende SaaS-Lösung für CO2-Bilanzierung,...

A letter from Genesis Interim CEO Derar Islim to customers on Wednesday suggested that the firm’s withdrawal freeze likely won’t be resolved for “weeks” to come.  The letter, first viewed by CoinDesk, stated that Genesis is committed to being as “transparent as possible” with its customers throughout the process.  The CEO also said that Genesis is in close consultation with experienced advisers and its owner, Digital Currency Group (DCG).  Genesis froze withdrawals shortly...

An independent global auditor has confirmed that all Bitcoin circulating on Binance – the world’s largest crypto exchange – is fully accounted for. The audit allows any user of the exchange to confirm the safety of their Bitcoin balance using on-chain data.  As verified by the Mazars Veriitas auditing service, Binance’s Bitcoin was 101% collateralized as of November 22nd. That means it holds Bitcoin slightly in excess of its liabilities/customer assets, which amount to...

Changpeng Zhao – the head honcho of Binance, the largest digital currency exchange in the world – stated in a recent interview that crypto is the “only stable thing” right now regardless of the volatility and falling prices many mainstream assets are dealing with. Changpeng Zhao Believes in Crypto Speaking at a conference in Lisbon, Portugal, Zhao commented that he remains confident in the digital currency space, and he believes the industry will make a solid comeback before traders even...

Dave Ripley – the incoming CEO of crypto exchange Kraken – said he has inside information that FTX scammed its users.  He expects more contagion from the crisis, assuring that his entity would not be affected. More Pain Coming In a recent interview for Bloomberg, Ripley described Sam Bankman-Fried (former CEO of the bankrupt platform FTX) as a “fraudster.” He also thinks it will take time for relevant watchdogs and the government to discover the reasons for the catastrophe...

It’s happened again, folks. Another digital currency hack is in the books. This time, the victim is Deribit, a cryptocurrency exchange based in the Central American nation of Panama. Deribit Has Lost a Lot of Money At the time of writing, as much as $28 million in crypto assets have been stolen. The exchange confirmed the incident in a tweet a few weeks ago, claiming that it’s BTC, ETH, and USDC hot wallets had been compromised by malicious actors and inherently drained of the units they...

Binance US – the American branch of the world’s largest crypto exchange – has eliminated all Ether (ETH) spot trading fees just six months after doing the same for Bitcoin (BTC) pairs on the platform.  The zero-fee model will expand free trading to the platform’s ETH/USD, ETH/USDT, ETH/USDC, and ETH/BUSD pairs. In a press release shared with CryptoPotato, Binance US revealed that it will be consolidating its pricing tiers into a single tier in January 2023. Tier I assets will...

The United States Federal Trade Commission (FTC) is targeting certain crypto companies over deceptive or misleading advertising. With the latest move, the FTC appears to follow in the footsteps of the SEC as the crackdown on the ecosystem broadens. According to a Bloomberg report, FTC spokeswoman Juliana Gruenwald Henderson said: “We are investigating several firms for possible misconduct concerning digital assets.” Henderson, however, declined to provide further details...

It would appear several crypto mining companies out there continue to either purchase or inherit machines – even though profits in the industry seem to be dying either due to falling crypto prices or growing energy prices. Thus, while the industry is ailing at press time, it’s not giving up completely. Crypto Mining Isn’t Giving Up Not long ago, Clean Spark – a crypto mining firm that runs on renewable energy – bought as many as 3,843 crypto mining machines. The announcement was made on...

Bitcoin and crypto markets are a full year into bear territory, and it has been about that time when the cycle bottom occurs. During the previous bear market, it came in December 2018, a year after the Bitcoin price peak. This time around, BTC has fallen 75% from its peak a year ago, and bottom signals are mounting up. On Dec. 6, Capriole Fund founder Charles Edwards took a deep dive into the on-chain data. He discovered that there were several signals suggesting it could be...