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Mercados

Crypto Exchange Binance Sees Biggest Inflow of SHIB Tokens Since February

Data sourced from Dune Analytics shows an address supposedly owned by Crypto.com transferred 1.8 trillion SHIB to the platform.

Binance recibió el martes 1,8 billones de SHIB netos. (Fuente: Glassnode)

Vídeos

Crypto.com CEO Dismisses Balance Sheet Concerns

In a live question session hosted on YouTube, Kris Marszalek, CEO of crypto exchange Crypto.com, said the company’s balance sheet is strong and its exposure to FTX was limited to $10 million, down from a possible $1 billion in business the two exchanges previously had together. "The Hash" panel discusses the outlook for Crypto.com amid FTX contagion fears.

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Finanças

Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal

In a live question session, Kris Marszalek said the company’s balance sheet is strong.

Crypto.com CEO Kris Marszalek during his YouTube interview (Crypto.com)

Mercados

Crypto.com's Preliminary Glimpse of Token Reserves Reveals 20% in Shiba Inu Coin

As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme token, SHIB.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Finanças

Did Sponsoring Stadiums Bring New Crypto Traders, or Tourists?

By some metrics, Crypto.com and FTX’s stadium sponsorship campaigns were a remarkable success. Whether they succeeded in onboarding a new generation of crypto traders remains to be seen.

The exterior of the Crypto.com Arena (Getty Images)

Política

French Lawmakers Approve New Boss for Finance Watchdog

Former bank lobbyist Marie-Anne Barbat-Layani’s hearings contained a warning for the likes of Binance and Crypto.com setting up in the budding crypto hub.

PARIS, FRANCE - OCTOBER 18:  The French National Assembly in Paris, on October 18, 2022.France. (Photo by Antoine Gyori/Corbis via Getty Images)

Política

Russian Journalists, Activists Kicked Off Crypto Exchanges Due to EU Sanctions

The European Commission last week boosted restrictions on providing financial services to Russians.

Russians face new crypto sanctions in the European Union. (Getty Images)

Finanças

Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Age

In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story.

CoinDesk placeholder image

Política

Italy Hasn't Vetted the 73 Crypto Firms It Approved This Year

Companies entered into a new registry for crypto firms say they’ve secured regulatory approval in Italy, but they haven’t been checked for compliance yet.

Italy's Organismo Agenti e Mediatori, a supervisory body which oversees its crypto exchanges, told CoinDesk it didn't plan to start collecting information from registered exchanges until next year – at least. (Mathew Schwartz/Unsplash)

Política

Trading Platform Crypto.com Secures Regulatory Approval to Operate in France

The exchange joins other crypto platforms including Binance and Luno that recently obtained similar approvals.

Paris, France (allewollenalex/Unsplash)