Crypto Exchanges Scramble to Compile 'Proof of Reserves' as FTX Contagion Grips Markets

Nine prominent crypto exchanges said they will publish proof of their reserve holdings in the next month.

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CryptoSlate Wrapped Daily: Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon

The biggest news in the cryptoverse for November 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%.

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Korean authorities reportedly have proof of Kwon’s LUNA price manipulations

Korean prosecutors have obtained proof that Do Kwon purposely manipulated Terra’s (LUNA) market price, as announced by crypto influencer @FatManTerra. The post Korean authorities reportedly have proof of Kwon’s LUNA price manipulations appeared first on CryptoSlate.

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Celsius Creditors Should Add All Claims on POC Form, Bankruptcy Expert Says

In a recent tweet, David Adler, a Bankruptcy asset recovery expert and lawyer, mentioned that Celsius investors should remember to add all their different claims on the proof of claim form. Instead of focusing on just crypto, investors should add…

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Post Analysis of Ethereum Merge and Cardano’s Vasil Hard Fork

Two smart contract rivals undergo major technological upgrades to enhance their ecosystems. Cardano centered on a Vasil Hard Fork Upgrade, while Ethereum transformed from a Proof of Work consensus to a Proof of Stake consensus mechanism. The real question crypto…

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Following the Merge, Pando Asset AG Debuts Bitcoin and Ethereum ETP

Following the successful conversion of Ethereum from Proof of Work to Proof of Stake on September 21, 2022, Pando Asset introduced two additional crypto ETPs, PBTC and PETH, on the SIX Swiss Exchange.

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Exchanges that will support ETH proof of work

The Merge is one of the biggest crypto events of 2022 and could potentially break Ethereum and disrupt the crypto ecosystem. It involves the transition from the energy-intensive Proof-of-work (PoW) system to a more energy-efficient Proof-of-stake (PoS) system.

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Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Kraken, the popular crypto exchange, has announced the results of its second 2022 Proof of Reserves audit, which has now been expanded beyond *BTC, and ETH* to include USDT, USDC, XRP, ADA*, and DOT.

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Op-ed: Liquid staking benefits the crypto ecosystem overall — here are 3 reasons why

Proof of Stake (PoS) blockchains are waiting for you to stake your crypto. The post Op-ed: Liquid staking benefits the crypto ecosystem overall — here are 3 reasons why appeared first on CryptoSlate.

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Ethereum Mining After The Transition To PoS: what’s next?

One of the world’s leading crypto, Ethereum, is about to switch to a Proof of Stake (PoS) protocol. It should happen “in the coming months”. The development team expects this transition to reduce the network’s energy consumption by 99.

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GameFi — the Tech Sector That’s Bear Market Proof

For the past months, Bitcoin has lost 70% of its value from its all-time high at $69K last November causing fear in the crypto market in what is more commonly known as “Crypto Winter”. Investments in blockchain projects have staggered, but even as the market is down, there is one sector that is sustaining growth: … Continued The post GameFi — the Tech Sector That’s Bear Market Proof appeared first on BeInCrypto.

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Crypto services app Abra launches support for ETH2 staking

Today, the team of cryptocurrency services application Abra, confirmed it now supports ETH2 staking. With Ethereum’s transition to Proof of Stake, users can stake ETH and generate ETH2 rewards. Once ETH2 is staked, it is then locked and will remain staked for an indefinite period of time until the Ethereum 2.

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Is Zero-Knowledge Proof the next big thing in crypto?

Zero-Knowledge Proof (ZKP) will play a significant role in the finance industry and which blockchains and web3 projects become popular as the technology offers enhanced privacy and scalability, according to a recent report by Mina Foundation.

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Best Bitcoin Cloud Mining Websites – Complete Guide

Crypto mining is the original blockchain consensus birthed together with bitcoin itself. Even though majority of new coins are mostly proof of stake, mining bitcoin and some other altcoins is still profitable under certain circumstances.

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Best Masternode Projects – Most Profitable Masternode Cryptos

What Is a Crypto Node? Cryptocurrencies are known for their security. Even though there are many scammers in this world, hacking a blockchain network itself is a rarely heard thing. This security comes in all different forms, proof of works, proof of stakes, and many different methods.

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Analyst says crypto stocks performance is proof we are in bear market

Crypto analyst Caleb Franzen says that we’re currently in a bear market.

The post Analyst says crypto stocks performance is proof we are in bear market appeared first on CryptoSlate.

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Is It Possible For Crypto To Go Green? Big Companies Are Trying, But It’s Not That Easy

Going green is an ideal way to run crypto — but is it doable? Governments have been concerned about the negative impacts of cryptocurrency mining to the environment as it exhausts massive amounts of energy, especially for the so-called “proof of work” mechanism.

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Moonbirds COO leaves to launch own project

The Chief Operating Officer of PROOF Collective has called it quits with the company. Here are the details of his controversial exit. What Happened With Ryan Carson? Ryan Carson shocked the NFT community on April 25th when he announced that he’s quitting PROOF Collective, an NFT company currently making the rounds in the crypto space.

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NY State Supreme Court dismisses petition against crypto mining company

The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm.

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Crypto Biz: Proof of integrity? Gold industry wants blockchain to solve its biggest problems, March 25–31, 2022

Blockchain technology is coming to the aid of another legacy financial industry. Meanwhile, the race to accumulate Bitcoin continues to heat up.

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A critical week as proof of work coins may still be banned in Europe

The leader MP on the Markets in Crypto Assets report for the European Parliament, Stefan Berger, has just released the timeline for the next stage of the democratic process for crypto regulation in Europe.

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Today’s EU MiCA vote could ban exchanges from listing proof of work crypto assets

The latest draft of the controversial MiCA report still contains language that could stop crypto service providers from transacting in proof of work coins. The post Today’s EU MiCA vote could ban exchanges from listing proof of work crypto assets appeared first on CryptoSlate.

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Stand For Financial Freedom: Our Position on MiCA’s Proof of Work Ban

On Monday, March 14th, the European Parliament ECON Committee will vote on MiCA, the comprehensive crypto regulatory proposal for Europe. At the last possible moment certain parties offered amendments to MiCA that would ban Proof of Work consensus protocols, such as Bitcoin, Ethereum, and other popular blockchains and crypto assets in Europe, issuing an ultimatum […]

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Kraken holds 100% of its crypto deposits

Kraken, one of the biggest and most respected crypto exchanges, has integrated Proof of Reserves to prove that it holds 100% of the crypto assets deposited. A PoR is an independent, third-party conducted audit, which aims to make sure that a custodian holds the assets it claims to on behalf of its clients.

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Kraken Launches Proof of Reserves

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Axie Infinity is likened to UFO Gaming, the new star of the crypto world

 Blockchain gaming is spreading like wildfire and the world has already seen proof with Axie Infinity. Pioneering the industry, they were one of the first to...

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Australia's largest crypto exchange will sponsor tennis star Ajla Tomljanovic

Users from the crypto exchange will have the chance to win tickets to two tournaments and a meeting with Ajla Tomljanovic using a nonfungible token showing proof of attendance.

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Greddy Gramps Go Centerstage At Proof Of Fusion Event In Abu Dhabi

Internationally acclaimed NFT project to present an artwork combining a unique set of real-world utility at crypto & NFT conference in Abu Dhabi on December 10th. One week after their buzzing showcase during Art Basel week in Miami, FL, the Greedy Gramps head over to their next remarkable pre-mint event taking place at the five-star […]

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DeFi risks and protocol safety with Tarun Chitra of Gauntlet Network

In this week’s interview with Alex Fazel of crypto edutainment channel Cryptonites, Tarun Chitra discusses the difference between Proof of Stake (PoS) vs Proof of Work (PoW), layer-one protocols, and the risks involved with blockchain tools.

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Magic Internet Money and The DeFi Wonderland are proof that DeFi 2.0 is the next big trend in crypto

A new wave of Defi 2. 0 is here. Mass investors and Defi enthusiasts are slowly gravitating towards high yield staking through leverage and yield-bearing tokens. We have seen Olympus DAO offer 7,614% APY through OHM staking.

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The Conference.NFT Will Be Held in Kyiv for the First Time

NFTs or “non-fungible tokens” took the crypto & art market by storm in 2020, raising eyebrows and leaving collectors and investors open-mouthed. NFTs are digital assets built on blockchain that give buyers and sellers proof of ownership for unique properties which can’t be replaced with anything else.

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Crypto Exchange, Gate.io, Provides 100% Proof Of Collateral

Gate.io provides users with 100% collateral proof in an open-source way. Gate.io, one of the world’s top 5 cryptocurrency exchanges, launched a ‘Proof of Collateral’ service in 2020, proving that the company is audited and fully holds collateral of all the assets offered on its platform and held by users. As demand for investment inRead More

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Kraken’s Failed Shiba Inu Listing Turns Into A Nightmare For The ‘SHIBArmy’

Crypto Exchange Kraken failed to list the SHIB token on its trading platform yesterday as promised on Monday via its social communication channels, to the disappointment of many fans of the token. Several users are even threatening to completely delete their Kraken account calling the exchange’s failure to list the token as proof that it […]

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Dogs of Elon Burns 10 Million $DOE Tokens, Valued at $500,000

Today, the Dogs of Elon team announced on their telegram that they have burned 10 million $DOE tokens, worth $500,000. The team has provided an Ethereum transaction as proof of the BURN. What Is Dogs of Elon? Dogs of Elon ($DOE) is an emerging NFT and crypto project that is aimed at the meme coin […] The post Dogs of Elon Burns 10 Million $DOE Tokens, Valued at $500,000 appeared first on NullTX.

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The Conference.NFT will be held in Kyiv for the first time

NFTs or “non-fungible tokens” took the crypto & art market by storm in 2020, raising eyebrows and leaving collectors and investors open-mouthed. NFTs are digital assets built on blockchain that give buyers and sellers proof of ownership for unique properties which can’t be replaced with anything else.

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Amidst Crackdown on Crypto, China Issues Certificate to Blockchain Project: See the Proof

VeChain, a decentralized project focused on real-world use cases, shared certificate issued by Chinese officials

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Best Masternode Projects [2022] – Most Profitable Masternode Cryptos

What Is a Masternode in Crypto? Crypto currencies are known for their security. Even though there are many scammers in this world, hacking a blockchain itself is a rarely heard thing. This security comes in all different forms, proof of works, proof of stakes and many different methods.

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Polygon and Stellar Now Interconnected Using Chainlink’s ‘Proof of Reserve’ — Unlocking Over $10 Billion In Value

Stellar and Polygon blockchains are now interconnected through Chainlink’s technology, thanks to an innovation by NewsCrypto. Following the innovation, Polygon, which is the protocol that facilitates the scalability of dApps on the Ethereum blockchain, is now availing the Stellar native token XLM for trading, lending, and decentralized finance usage. The crypto is also now easy […]

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Dallas Mavericks Owner, Mark Cuban, Calls for Proof of Authority Basis to Crypto Regulation

Crypto regulation in the United States remains a hot-button topic, especially following recent moves by regulatory watchdogs in the country. While many are wary of these regulators and their views on the industry, some pro-crypto names are welcoming the possible developments.

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Are Traditional Global Disclosure Frameworks Too Old for Crypto?

Auditchain is a decentralized accounting, reporting, audit, and analysis virtual machine that automates and provides proof of assurance on the world’s financial and business information. Global Accounting Services will generate $550 Billion in revenue in 2021 and is expected to grow to over $600 Billion in 2023.

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Why Ethereum’s Vitalik Buterin Believes Switching To Proof Of Stake Will Be A Game-Changer For Dogecoin

Vitalik Buterin has weighed in on the world’s largest meme coin, Dogecoin sharing some of his thoughts on a Doge-ETH co-operation. In an Ask-Me-Anything session on Twitter, the ETH co-founder was responding to questions limited to only 268 followers who were allowed to ask him anything regarding crypto or non-crypto-related issues. Interestingly, Elon Musk, who […]

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Musk on Proposed Crypto Tax Provision -‘Not the Time to Pick Winners or Losers in Crypto Technology’

Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners.

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Burstcoin was the real green alternative until Chia Network raised $69.7M on a concept of Proof of Capacity

The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69.

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Crypto Asset Funds had Record Outflow for Second Week in a Row; Cardano Attracted its Largest Inflow

Multi-asset and Polkadot investment products also saw inflows along with Litecoin, Stellar, and Ripple, representing investors “actively choosing proof of stake coins based on environmental considerations.

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Bitcoin’s Real Price: Is Crypto Mining Consuming Our Planet?

Concerns about the impact of proof of work (POW) and bitcoin (BTC) mining on the environment are growing. As interest in cryptocurrencies expands, there is an increase in energy consumption. The post Bitcoin’s Real Price: Is Crypto Mining Consuming Our Planet? appeared first on BeInCrypto.

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OKEx and MXC bring $40M of new capital to grow Solana (SOL) ecosystem

CryptoNinjas » OKEx and MXC bring $40M of new capital to grow Solana (SOL) ecosystem The Solana Foundation, overseers of the Solana Layer-1 proof of stake blockchain, announced today it has partnered with crypto exchanges, OKEx and MXC, to launch two strategic investment funds that will bring $40 million of new capital to accelerate the development of key projects in the Solana ecosystem.

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South Korean Crypto Exchange Cracks Down, Requiring Address Ownership Identity

A Twitter user is now alleging that the South Korean Korbit cryptocurrency exchange is requiring proof of ownership of digital addresses. If a user does not verify the address with their identity, the exchange will withhold the user’s ability to withdraw.

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Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’

The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy by gathering exposure to over $300 million worth of the cryptocurrency.

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Bitcoin SV, Cosmos, Crypto.com Price Analysis: 26 December

The plummeting ETH/BTC pair was proof that Ethereum was unable to keep up with Bitcoin's price rise on the charts. The altcoin market, as a whole, recovered somewhat after the dramatic drop before ChrThe post Bitcoin SV, Cosmos, Crypto.

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