Crypto Market Highlights November 26, 2022
Binance says it will not use customer money for trading after the collapse of FTX. Binance has made many efforts to improve customer trust and transparency. The market’s largest cryptocurrency exchange claims that customer funds and corporate assets are separated. A separate customer crypto-asset wallet is currently being constructed. You can read the full article below.Huobi Denies Reports It May Merge with PoloniexHuobi is a cryptocurrency trading platform that denies reports it may merge with Poloniex. Coinbase launched a $500,000 Developer Grant Program. Coinbase published an article entitled “How Crypto Companies Provide Proof Of Reserves” on its website. You can find more information in the article below. FTX Account Drainer Used ChipMixer For Laundering Stolen Funds According to ZachXBT, an on-chain detective, the FTX account thief used ChipMixer to conceal his money and has already laundered approximately 360 Bitcoin (BTC). The article below provides more details:Kraken CEO Says Binance Proof of-Reserves is ‘Pointless’ Binance was one of the first crypto exchanges that disclosed its proof-of reserve. Many other companies soon followed. These proofs of reserves were nothing more than the contents the exchange’s cold-wallet accounts. You can find more information in the article below. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comHaroldCoincu NewsTags: BinanceCoinbasecryptoFTXhighlightsHuobiKrakenmarket