Binance proof of reserves is ‘meaningless without liabilities:’ The CEO of Kraken

According to Jesse Powell, a full proof-of-reserve audit must comprise the sum of client liabilities, user-verifiable cryptographic confirmation that each account was included in the sum …..

IIROC-registered Canadian cryptocurrency exchange Coinsquare experiences a data breach

Coinsquare suffered a data breach that compromised customers’ personal information just a month after being authorized by IIROC.

WEMIX token drops by 70% after being delisted by Korean exchanges

South Korea’s top crypto exchanges have declared that WEMIX (WEMIX)—the native token of gaming company Wemade’s blockchain platform Wemix—will be delisted

Australians are advised to avoid crypto paper notes found on the street.

Fraudsters are allegedly leaving fake crypto paper notes in public areas as part of a plan to defraud Australians of their cryptocurrency.

WOTY 2022: ‘Metaverse’ among top 3 contender for Oxford’s Word of the Year

Oxford University has opened voting for WOTY 2022 to the public for the first time, with polls closing on December 2.

HashFlare founders arrested in ‘astonishing’ $575M crypto scam

Two creators of the Bitcoin cloud miner HashFlare were detained in Estonia on suspicion of participating in a $575 million crypto fraud conspiracy.

Binance enters the hardware wallet market with a new investment

Binance Labs has made a strategic investment in Ngrave, a Belgian hardware wallet company, and will lead the company’s upcoming Series A financing.

Ripple is considering deals for FTX assets: Brad Garlinghouse

Ripple CEO Brad Garlinghouse stated that the company would be interested in FTX-owned businesses that service commercial customers.

Apple job postings and patents suggest a move into the “3D mixed-reality environment.”

Apple’s “mixed-reality world” could be on the horizon, as new job postings reveal the tech behemoth employing a number of engineers with AR and VR experience.

Kraken exchange freezes accounts related to FTX and Alameda

Kraken claimed it froze account access to certain funds “we think to be involved with ‘fraud, carelessness, or misconduct’ relating to FTX.”

‘Two big lessons’ shared by Binance CEO after FTX’s liquidity crunch

Binance CEO, CZ took to Twitter on November 8 to share “two big lessons” that crypto firms should take in the aftermath of FTX’s demise.

Binance CEO declares intention to acquire FTX to ‘help cover the liquidity issue’

The announcement was hailed by FTX CEO Sam Bankman-Fried as a “user-centric development that benefits the entire industry.”

CBDCs are a declaration of war on the financial sector: Economists

CBDCs are a declaration of war against the financial sector, according to Richard Werner, a development economist and lecturer at De Montfort University, who spoke on November 4 at the Web Summit.

NFTs still in ‘great demand’; unique traders rise 18% in Oct: DappRadar

NFT trading volume and sales fell in October, analytics firm DappRadar believes an 18% increase in monthly unique NFT traders demonstrates the industry is still in “high demand.”

The MiCA bill includes a strong warning to crypto influencers

The European Union’s crypto regulatory plan, which is poised to become law after a few more steps, has a clause that might affect many crypto influencers.

Singapore bank DBS, uses DeFi to trade foreign exchange and government securities

DBS Bank, a prominent Asian financial services conglomerate, is using decentralized finance (DeFi) for a project supported by Singapore’s central bank.

Binance’s $500 million injection was spurred by Twitter monetization and free speech: CZ

Binance CEO Changpeng “CZ” Zhao explained the company’s $500 million co-investment in Elon Musk’s Twitter, citing monetization potential, crypto community free expression.

Terrorists are using cryptocurrency to fund their heinous crimes, according to UN officials

Cash and hawala are still the “primary ways of terror financing.” Terrorist organizations that are considered “advanced” are resorting to cryptocurrencies.