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

Litecoin extended recent gains on Nov. 23 with the token climbing to its highest point since May. The move saw prices climb by nearly 20 in todays session and comes ahead of this afternoons Federal Open Market Committee FOMC minutes. Solana also surged on Wednesday moving nearly 20 higher.Litecoin LTCLitecoin LTC rose for a second straight session with prices climbing by as much as 23 earlier toda

Following the significant amount of criticism directed at mainstream media publications for a lack of journalistic integrity while reporting on FTX executives Teslas executive Elon Musk called out the news website Semafor because the former FTX CEO Sam BankmanFried SBF was a lead investor. Musk took to Twitter and let Semafor know that he believes Semafor has a massive conflict of interest when it

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

PRESS RELEASE 8211 Please Read DisclaimerThe FIFA World Cup takes over the world once every four years. Despite its unusual timing and controversy around the 2022 location and venue this years event has attracted millions if not billions of fans all over the world.This presents a compelling opportunity for upandcoming and established companies to display their brand as well as provide some lucrati

PRESS RELEASE 8211 Please Read DisclaimerThe Orbeon Protocol will enable ordinary people to invest in startups while providing muchneeded community and funding to new firms. Orbeon Protocol will connect investors and firms while providing a secure investment platform. Multiple analysts expect Orbeon Protocol to rise by 6000 during the first part of its presale.The Problem With the Current Venture

Market jitters from the FTX collapse have triggered record quantities of Bitcoin leaving global exchanges.Bitcoin Magazine Senior Analyst Dylan LeClair noted that 136992 BTC had been withdrawn over the past 30 days adding that the event was 8220historic.8221 The figure equates to 0.7 of the circulating supply.Accompanying the message LeClair included an Exchange Net Position chart illustrating the