Almeda Research

Cryptocurrency exchange Binance will soon initiate the process of providing proof of reserves, to ensure complete transparency, the firm’s CEO and co-founder Changpeng Zhao on Tuesday said, hours after he announced the acquisition of rival exchange FTX. “All crypto exchanges should do...

A ‘Game of Thrones' between two of the largest cryptocurrency exchanges by volume — Binance and FTX — has commenced, according to GlobalBlock analyst Marcus Sotiriou. What Happened: As concerns rise about the health of FTX, Binance CEO Changpeng Zhao said his company will sell all its FTX (FTT)...