Binance
Binance Will Enable Crypto Collateral Off Exchange For Institutional Investors
Binance will allow institutional investors to keep their collateralized crypto used for leveraged positions off the platform. The exchange will enable investors to post collateral with Binance Custody, which will hold the assets off the internet, in cold storage wallets, Binance said in a statement on Monday. Once trades are settled, the assets would then become accessible to the user again. "The Hash" panel weighs in.
Crypto Brokerage Blockchain.com Lays off 28% of Workforce
Cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce, or about 110 employees. "First Mover" hosts discuss the recent layoffs across the battered cryptocurrency industry and Binance's potential hiring spree in 2023. Plus, the latest on the CPI data.
WazirX's Proof-of-Reserves Report Shows 90% of User Assets Are in Binance Wallets
Indian crypto exchange WazirX released its proof of reserves report that disclosed 90% of its user assets are held in Binance wallets. "The Hash" panel discusses the Twitter drama between WazirX and Binance CEO Changpeng "CZ" Zhao.
Justin Sun: I Want to Show Confidence in Binance
Justin Sun is aiming to calm crypto market fears, after recently depositing $100 million into Binance after recent customer outflows on the exchange. The TRON founder explains why he made this move.
TRON Founder Justin Sun on Crypto Contagion Concerns
Crypto contagion fears are lingering, with bitcoin miner Core Scientific being the latest company to file for bankruptcy in the wake of FTX's implosion. TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO Justin Sun discusses the latest chill in crypto winter, along with why he deposited $100 million in USDC into Binance. Plus, the latest on TRON network's algorithmic decentralized stablecoin USDD.
On-Chain Data Shows Binance's Financials Are a 'Black Box': Nansen Analyst
"When it comes to [Binance's] financials, it is still very much a black box," says Nansen Analyst Andrew Thurman. Thurman shares on-chain insights of the crypto exchange's reserves, following the rapid implosion of rival FTX.
Binance In the Spotlight After FTX Implosion
Binance, the world's largest exchange by trading volume, has faced billions of dollars in net outflows recently, after rival exchange FTX filed for bankruptcy and decreased investor confidence in the crypto markets. Nansen analyst Andrew Thurman discusses the latest developments and what he's seeing on-chain.
Boris Johnson’s Brother Reportedly Resigns as Binance Adviser; Grayscale Developments
Jo Johnson, brother of former U.K. prime minister Boris Johnson, resigned from the advisory board of crypto exchange Binance, according to London's Telegraph. Plus, Grayscale Investments is exploring options to return a portion of investment capital if the SEC refuses to approve its spot bitcoin exchange-traded fund. Grayscale is owned by the Digital Currency Group and is a sister company of CoinDesk.
