According to data shared by crypto influencer John Brown 91 of Bitfinex exchanges reserves are Bitcoin BTC and Ethereum ETH.Coinbase follows Bitfinex as a close second by having 63 of its reserves in Bitcoin and Ethereum according to additional information added by Brown.The ratio of reserves held in BTC amp ETH differs strongly per exchange. Data from cryptoquantcom pic.twitter.comUwxRrS5Ltcmdash

Publictraded Bitcoin mining company Core Scientific has lost about 1.7 billion since the start of the year according to its quarterly report filed with the United States Securities and Exchange Commission SEC on Tuesday.The filing shows that the firm recorded its second consecutive quarterly loss at the end of Q3. The Bitcoin miner lost 435 million in Q3 and 862 million in Q2 bringing its net loss

A 6year veteran of the crypto industry Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC he worked with notable brands that include Thomson Reuters ComplyAdvantage IBM Mastercard Deloitte and KPMG to deliver innovative solutions to Virtual Asset Service Providers in over 170 countries.Andrew recently joined the Bit

On Tuesday the attorneys representing FTX told the court that a substantial amount of assets have either been stolen or are missing and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further likened the former FTX CEO Sam BankmanFrieds SBF crypto empire to his personal fiefdom and in the end the at

Core Scientific one of the largest publicly traded Bitcoin miners might not make it until the end of the year.In its quarterly report filed with the SEC the company said 8220substantial doubt8221 exists about its ability to continue going if it fails to raise liquidity.8220However the ability to raise funds through financing and capital market transactions is subject to many risks and uncertaintie

Senators Elizabeth Warren DMass. and Sheldon Whitehouse DR.I. wrote a letter to the US Department of Justice expressing concern over the FTX implosion.The senators want the DOJ to hold the executives of FTX 8220accountableto the fullest extent of the law8221 for the allegations of fraud and illicit behavior thatled to the eventual collapse of the exchange that was valued at 32 billion a short whil

Senators Elizabeth Warren DMass. and Sheldon Whitehouse DR.I wrote a letter to the United States Department of Justice DOJ to express their concern regarding the FTX implosion.Warren and Whitehouse requested in the Nov. 23 letter that the DOJ hold the executives of FTX 8220accountable to the fullest extent of the law8221 for the allegations of fraud and illicit behavior that led to the eventual co

Tom Emmer the U.S. congressional representative for Minnesota recently spoke on the political meetings and failures surrounding Sam BankmanFried SBF prior to his exchanges collapse.The Republican suggested that BankmanFried tried currying special treatment from the Securities and Exchange Commission SEC through meetings with the agency and attempted to push legislation to the same effect.Bankman

Bitcoin BTC hash ribbon indicators are often used to identify and catch BTC bottoms as the convergence of the BTC hash ribbon signals further miner capitulation as mining costs increase and BTC price falls.As miners are seen to be selling at the most aggressive rate over the last two years the Bitcoin network is set to adjust difficulty negatively for the next epoch.Though miner capitulation has b