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Crypto Exchange OKX Releases 7th Proof of Reserves Report

OKX holds $10 billion in bitcoin (BTC), ether (ETH), Tether (USDT), and other assets. The exchange’s solvency has been independently verifiable by users since April. In an attempt to set a new benchmark for openness and trust in the cryptocurrency sector, OKX, a cryptocurrency exchange located in Seychelles, has released its seventh proof-of-reserves (PoR) report. … Read more

Counterfeit currency notes of Rs 500 denomination detected in 2022-23, rose by 14.6%: RBI report

New Delhi, May 30 (IANS) The number of counterfeit currency notes of Rs 500 denomination detected by the banking system, rose by 14.6 per cent to 91,110 pieces in 2022-23 compared to last year, according to the Reserve Bank of India’s annual report released on Tuesday.At the same time, the number of counterfeit notes of … Read more

Did Binance merge customer and corporate funds? This latest report states…

Reuters claimed that Binance mixed customer funds with corporate funds in 2020 and 2021 However, the report fails to show evidence for its main claim and for customers losing funds as a result of Binance’s actions  Binance – the world’s largest crypto exchange – has once again hit the spotlight with Reuters claiming that the … Read more

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