Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot. To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy. However, certain anomalies found during on-chain investigations suggest foul play and market manipulation.Just two days after Crypto.com made its cold storage information public, investigators found that 320,000 Ether (ETH) was sent to Gate.io on....
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PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Fire Tokens (FIRE) under the trading pair of FIRE/USDT on March 19th at 9:00 a.m. EDT. Fire Protocol is the first infrastructure project built based on the Huobi Eco Chain (HECO). Fire Protocol seeks to build more comprehensive functionality and use cases than other DeFi projects in the marketplace by combining various components on one platform. In the future, Fire Protocol will also be supporting Cross-chain functionalities to....
Monoverse, a blockchain game developer, announced the simultaneous listing of FDT (Frutti Dino Token), the governance token of its blockchain game Frutti Dino, which will list on global crypto exchanges Huobi Global and Gate.io from October 5th.
Huobi Global and Gate.io announced on September 30th that FDT would be listed, and trade would begin on October 5th. Frutti Dino’s listing on the two exchanges represents an extremely significant step toward international recognition.
Developed based on BEP-20, FDT (Frutti Dino Token) is the governance token of Frutti....
A bit of a public service announcement, here. It looks like last night, Internet Archive sustained significant fire damage at their San Francisco scanning center. The archive reports that nobody, nor any data was lost in the fire. The center is used to scan new documents into the archive, and they estimate upwards of $600,000 worth of damage was done to high-end digitization equipment. Archive.org is asking anyone who can spare some change to do so, in order to help them rebuild. They accept bitcoin donations. The Internet Archive is a non-profit organization that is designed to build a....
Crypto.com CEO confirmed the return of the funds and reassured the investors that new processes and features were implemented to prevent a reoccurrence. The fall of FTX highlighted the importance of proof of reserves in averting risks and improving investor confidence, urging leading crypto exchanges to publicly list down their cold and hot wallet addresses. When trying to confirm the availability of funds on Crypto.com, cold store information revealed a suspicious transfer of 320,000 Ether (ETH) to a wallet address linked to Gate.io on Oct. 21, 2022.On chain data confirms the transfer of....
Leading cryptocurrency exchange Gate.io was established back in 2013 and is now celebrating its eighth anniversary. This is an impressive milestone in the ever changing crypto landscape, but the company isn’t resting on its laurels. Gate.io keeps taking the initiative to innovate and offer many new services for traders of digital assets and DeFi startups. A Veteran Crypto Exchange You Can Trust In a world where so many new services pop-up every day, Gate.io marking 8 years of operation is a major sign of durability and commitment. While other platforms collapsed or just disappeared....