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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
In the latest episode of the CryptoSlate SlateCast we caught up with Jason Fang from Sora Ventures to get insight into the Asian crypto market learn why he decided to invest in CryptoSlate and his overall view on the future of the blockchain industry.Sora Ventures is an Asiabased venture capital fund founded in early 2018. Its portfolio includes Immutable Forkast News CasperLabs Guild of Guardians

Bitcoin moved back above 16000 on Nov. 23 as markets continued to react to the news that Coinbase holds 2 million bitcoin worth 39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX with many moving to showcase their proof of reserves. Ethereum was also higher with the token moving back towards 1200 today.BitcoinBitcoin BTC rebounded from recent declines on We

The cryptocurrency market cap saw net inflows of 47.8 billion over the last 24 hours and currently stands at 829.3 billion up 6.1 over the reporting period.Bitcoins market cap grew 5.4 to 318.7 billion from 302.5 billion and Ethereums increased 8.2 to 143.4 billion from 132.6 billion.All of the top 10 cryptocurrencies posted gains over the reporting period. Litecoin reentered the chart with a 27 i

What is BUSD Recently there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general so this piece is intended as an explanation of BUSD.First and foremost BUSD is a stablecoin pegged to the US Dollar USD which came from a partnership between Binance and Paxos. BUSD is issued by Paxos Trust Company an NYDFS

Innovation is the lifeblood of any industry or company. The DeFi ecosystem constantly witnesses brilliant innovations aimed at solving the excesses of traditional finance and other projects within the space.Todays article focuses on one stellar innovation that bridges two worlds centralized and decentralized exchanges to create an optimized user experience for interested parties. Lets take a deep

Global NFT sales in October clocked in at more than 850 million over roughly 3 million total transactions. I looked into NFT wash trades last month and that research got me to look at the numbers more closely.Footprint Analytics 8211 NFT Monthly SalesThe trigger points for me to say that transactions are becoming more fake are as followsDespite bad market conditions we continue to see a high numbe

Global NFT sales in October clocked in at more than 850 million over roughly 3 million total transactions. I looked into NFT wash trades last month and that research got me to look at the numbers more closely.Footprint Analytics 8211 NFT Monthly SalesThe trigger points for me to say that transactions are becoming more fake are as followsDespite bad market conditions we continue to see a high numbe

After several days of charting new lows bitcoin finally bounced off and added over 5 of value on a daily scale.However most altcoins have outperformed the largest crypto. Massive daily increases are evident from BNB LTC and others.Altcoins on the RiseThe past several days didnt go all that well for the cryptocurrency market but the tides have changed now. Ethereum had dipped from over 1200 to a mu