proof-of-reserves

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. This article takes a retrospective look at Deepcoin’s notable achievements throughout …

The latest snapshot, dated January 1, reveals a robust growth in user assets, potentially bolstering confidence among investors and users alike. Binance Proof of Reserves Update The data shows a notable increase in the holdings of major cryptocurrencies. Users’ Bitcoin (BTC) assets have risen to 575,000, marking a 2.65% jump, …

Dubai-based Bybit, the world’s third-largest crypto exchange by volume, set a new benchmark in the cryptocurrency market with its latest proof-of-reserves (PoR) attestation, which has been expanded to cover 32 cryptocurrencies, according to a Dec. 20 press release. The report aims to show customers that Bybit has fully backed all …

According to its latest proof of reserves report, Binance experienced a significant decline in its Bitcoin balance in November, dropping by over 23,000 BTC, or roughly 4%, coinciding with the exchange’s regulatory issues with U.S. authorities. According to data from Binance’s website, the total BTC balance of its customers was …

Binance, the world’s largest cryptocurrency exchange, released its thirteenth reserve certificate on December 1, 2023. The report, a cornerstone of transparency in the often opaque world of digital finance, provides an insightful look into the exchange’s asset holdings and financial health. The latest data showcases a significant net inflow of …

Star performer for multiple weeks, Chainlink’s LINK coin price has been on a bullish rally in recent weeks. The Chainlink coin price crosses the $10 mark and displays a sharp breakout rally, ready to challenge the sellers at the overhead ceiling at $12. With the buyers struggling to reclaim the …

The attention of the crypto community has been drawn to a particular whale that has been accumulating Bitcoin for some time now. The magnitude of the whale’s holdings has left many wondering who it might be and the reason for the accumulation.  Bitcoin Whale Accumulates Over 10,000 BTC In November …

A new wallet address that went from zero to holding over 10,000 bitcoin (BTC) since the start of November has been identified as belonging to crypto exchange BitMEX. The rapid accumulation led to speculation it could be a new entity buying bitcoin, especially amid a flurry of spot bitcoin exchange-traded …

November 11 marked a year from the day FTX formally declared bankruptcy, and, of course, nine days from Sam Bankman-Fried being found guilty on all criminal counts against him and sentenced to lifetime imprisonment. The symbolism of the trial is debatable. It is sometimes talked about as a policymakers’ catharsis, …