Binance News: Glassnode Data Reveals Under Reporting Of PoR Assets
While Binance CEO Changpeng “CZ” Zhao tries to calm crypto Twitter about their financial health and withdrawals, Binance FUD seems to take more time. Binance CEO assures customers that their funds are safe and claims these “stress tests” actually help them build trust in their customers and the crypto community. On-chain data have also indicated no FTX-like behavior. However, uncertainty in the crypto market continues to persist.
CryptoQuant Verifies Binance's Reserves, Reports no ‘FTX-like’ Behavior
Blockchain analytics provider CryptoQuant has released a report analyzing the recently released proof of reserves audit of the world’s largest crypto exchange, Binance. Centralized exchanges have been cast into the spotlight over the past month following the collapse of FTX, none more so than Binance which has been scrambling to reassure customers and investors that it has sufficient reserves and is fully backed. (Cointelegraph)
Binance to Delist the Mithril (MITH), Mithril Team Wants 200,000 BNB Deposit Back
In an announcement today, Binance declared that based on recent reviews, it has decided to delist the Mithril (MITH), Tribe (TRIBE), Augur (REP) and Bitcoin Standard Hashrate Token (BTCST) tokens on December 22, 09:00 (UTC) and cease trading on all trading pairs.
Binance Will Delist MITH, TRIBE, REP and BTCST on 2022-12-22
When a coin or token no longer meets standard or the industry changes, Binance conducts a review and potentially delists it.
CZ Says Kevin O’Leary Is Making a Bunch of Nonsense Claims Against Binance
While testifying at a senate hearing on Dec. 14 regarding the FTX scandal, O’Leary accused Binance of putting FTX out of business to become the global monopoly. O’Leary noted that some of the FTX money went to Binance when Sam Bankman-Fried bought out FTX shares from Binance.
Project Alleges Unreturned Listing Deposit As Binance Announces Delistings
On Dec. 15, cryptocurrency exchange Binance announced that due to not meeting the "high level of standard we expect," four tokens, including Mithril (MITH) Tribe (TRIBE) Augur (REP) Bitcoin Standard Hashrate Token (BTCST), will be delisted from the exchange effective Dec. 22, 2022.
Shiba Inu Coin: Whale Dumps 210 Billion SHIB To Binance, Price Tumbles
Shiba Inu (SHIB) price tumbled over 3% in the last 24 hours, with the current price trading at $0.000008894. On-chain data indicates a big whale dumped over 210 billion SHIB tokens, causing the price to fall over 3% in the last 24 hours. The whale has a history of dumping Shiba Inu tokens that it purchased in 2020.
Binance Integrates its Futures Platform With TradingView
Crypto exchange Binance has announced the integration of its Futures platform with the popular charting tool/website of Tradingview.com.
Kevin O'Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake in FTX, refused to comply with regulators’ requests whenever FTX applied for a license in different jurisdictions.
Trust Wallet, Binance’s Official User-Controlled Wallet, Adds Cardano Staking Support
The team behind Binance’s official non-custodial cryptocurrency wallet app, Trust Wallet, has recently announced support for staking Cardano ($ADA) on the network, allowing users to earn with their holdings while helping secure the network.
