Tag: Binance

‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review – The Weekly Bitcoin News

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Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping down. In other news from this week, hedge fund manager Michael Burry — of “The Big Short” fame — said that audits of cryptocurrency exchanges like FTX and Binance are “meaningless.” Get caught up on these hot stories and much…

SBF sent home and Binance gets Voyager assets: Hodler’s Digest

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Top Stories This Week SBF sent home after his parents put up their house to cover his astronomical bail bond Sam Bankman-Fried will spend the holidays with his family in Palo Alto, California, after his parents secured $250 million in bail funds with the equity in their home. Among the conditions of the bail are home detention, location monitoring and his passport surrender. The former FTX CEO signed surrender documents on Dec. 20, allowing his extradition from the Bahamas to the United States, where he faces eight charges that could…

Binance Addresses Mazars Saga, USDC Withdrawal Halt and Other ‘FUD’ Amid Heightened Crypto Exchange Scrutiny

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Binance is addressing the fear, uncertainty and doubt (FUD) centered around crypto exchange platforms after the high-profile downfall of FTX. In a new company blog post, the world’s largest digital asset exchange by volume explains why some of the common narratives about it being financially unhealthy are untrue. First, Binance addresses the rumor that it does not have sufficient reserves for users to be able to withdraw coins. “Binance’s business model is very simple. The platform makes profits mainly by charging transaction fees. The company’s assets are completely separated from…

Crypto Investing In 2023: Snowfall Protocol (SNW) Price Shows High-profit Potential Over Binance Coin (BNB) And Solana (SOL)

Place/Date: – December 24th, 2022 at 7:46 am UTC · 3 min read Source: Snowfall Protocol As Snowfall Protocol continues to defy the bears and boast a successful presale campaign, analysts and investors alike can’t help but compare the new market player to seasoned titans like Binance Coin (BNB) and Solana (SOL). Snowfall’s first stop on its way to the top is outperforming Binance Coin (BNB) and Solana (SOL) in 2023. While this is a challenging task, Snowfall’s recent performance has shown that it is more than capable of completing…

Crypto Twitter Speculates Binance Looking at Raising Funds from Berkshire Hathaway

The likelihood that Berkshire Hathaway is going to invest in Binance is considered very slim as Binance is reportedly under the radar of authorities in the United States. A major point of conversation on crypto Twitter is that Binance Exchange, the world’s largest digital currency brokerage by daily trading volume is in talks with Warren Buffett’s Berkshire Hathaway Inc Class A (NYSE: BRK.A) for some equity funding. Self-proclaimed “Engaged Value Investor” Mike Alfred broke the news on Twitter citing a source he claimed was a “fund manager closely connected to…

Binance addresses 7 instances of recent FUD in Chinese blog post

The world’s largest crypto exchange, Binance, has been dealing with a torrent of FUD (fear, uncertainty, and doubt) since the downfall of FTX. The firm is now fighting back with its latest blog post. On Dec. 22, Binance published a blog post in Chinese to address seven key issues the company wanted to clear up. At the time of writing, there was no English language version available. The first of which was the temporary suspension of USDC withdrawals earlier this month. It explained that this was done during a “token…

Binance addresses 7 instances of recent FUD via Chinese blog post

boss

The world’s largest crypto exchange, Binance, has been dealing with a torrent of FUD (fear, uncertainty, and doubt) since the downfall of FTX. The firm is now fighting back with its latest blog post. On Dec. 22, Binance published a blog post in Chinese to address seven key issues the company wanted to clear up. At the time of writing, there was no English language version available. The first of which was the temporary suspension of USDC withdrawals earlier this month. It explained that this was done during a “token swap”…

Bitcoin: Die Entscheidung für 2022 steht bevor.. & der „wahre“ Bull-Run aufgedeckt! | Crypto News

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💡 NOCH FRAGEN? Schreib ein Kommentar und starte eine Diskussion! 👋 ABONNIEREN! Abonnier jetzt um nichts zu verpassen! 🤍 MEHR CONTENT? Folg mir auf Twitter ➟ Mein Podcast (Hoss & Hopf) ➟ @hoss_und_hopf ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏱ Timestamps 00:00 – Intro 00:55 – Vorwort 01:35 – Elon Musk, DOGE & Twitter 06:32 – Der große Tag 09:56 – Das Ende von Inflation? 11:58 – Der „wahre“ Bull-Run 14:25 – Meine persönliche Einschätzung & Tipps ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer: Keine Anlageberatung im Sinne des WpHG Sämtliche…

Binance Dispels FUD Of A ‘Financial Black Box’

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In addition to the macroeconomic headwinds, the Binance rumors and the uncertainty surrounding Grayscale/DCG are clouding the sentiment in the Bitcoin market. In a renewed attempt to dispel the “FUD,” Binance released a detailed report today in which the world’s largest crypto exchange addresses current questions from the media and the community. Even though analytics firms like CryptoQuant and Nansen recently confirmed the existence of customer funds on-chain, one of the biggest accusations against Binance at the moment is that it is a “financial black box”. Critics claim that the…