FTX 2.0 coming up, Multichain FUD, Worldcoin raises six figures
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman's crypto project Worldcoin raises millions of dollars.
Source: cointelegraph.com
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Reuters claims Binance mixed customers' money with company funds
A new report from Reuters details how Binance, the largest cryptocurrency exchange in the world, violated U.S. financial regulations by mixing consumer
Source: insidebitcoins.com
AI deepfakes are getting better at spoofing KYC verification: Binance exec
Binance CSO Jimmy Su has noticed a rise in deepfake technology being used to try and bypass know-your-customer (KYC) verification processes, which will only become more advanced.
Source: cointelegraph.com
Binance denies fund mismanagement allegations, calls it 'conspiracy theory'
The Binance executive explained that Reuter's whole claim is based on user deposit-based USD minting, where users were making a purchase of a stablecoin that was redeemable by Paxos, which was explicitly stated on the page.
Source: cointelegraph.com
Binance Slams Report Alleging It Commingled Customer Funds With Its Revenue, Calls It 'Weak'
The special report in question disclosed that "Binance mixed $20 million from a corporate account with $15 million from an account that received customer money," based on a February 10, 2021, bank
Source: ibtimes.com