Binance's Changpeng Zhao, amid the crumbling FTX collapse came out with the term 'Proof of Reserves' - essentially claiming that crypto exchanges should come out with proof-of-reserves on a regular basis.
What is DFI.Money (YFII)? DFI Money is a decentralized finance platform built on the Ethereum blockchain. The DeFi platform is a forked platform of the popular […]
The Securities Commission of The Bahamas also referred to as SCB said that as a step, SCB had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet that is owned by the commission on November 12, 2022.
What is Litentry (LIT)? Litentry is a decentralized identity aggregation platform that enables users to create a unique identity that can be linked across multiple networks. […]
FTX token (FTT) price has almost close to hitting a 3-digit figure during the 2021 bull run and was trading within the normal ranges until a report emerged to shake the empire to its roots.
In all of the incidents that the crypto space saw in 2022 including the FTX Collapse, CoinDCX had zero exposure." The customer funds are left as it is coupled with the $100 million insurance from BitGo.