The Celsius Official Committee of Unsecured Creditors hosted a two-hour town hall shortly after the filing of the Celsius examiners’ report.
Positive signs of Bitcoin’s recovery can be seen in on-chain, spot exchange and futures data.
Crypto adoption and usage in Brazil are higher than the global average.
Binance says it has already unblocked 90% of crypto accounts that were suspended due to the Bitzlato investigation.
While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades.
Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1.
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
Online fraudsters attempt to lure in XRP investors by offering fake staking services with an ROI of up to 31% for a token that is not based on proof-of-stake consensus.
New data indicates Binance’s stablecoin, BUSD, has been undercollateralized at times by more than $1 billion. Yet, few have questioned CEO Changpeng Zhao.
Binance previously said the firm’s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations.