Tag: Transparency

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Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers’ Crypto Recommendations: Report

Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers’ Crypto Recommendations: Report

“It doesn’t really give us the real background detail,” Alison Thewliss, a member of Parliament’s Treasury Committee, told Bloomberg. “I’m sure the co [...]
Bybit releases reserve wallet addresses amid calls for transparency

Bybit releases reserve wallet addresses amid calls for transparency

Crypto exchange Bybit publicly released the addresses of its largest crypto wallets on Nov. 16. This came on the heels of FTX’s collapse and calls wit [...]
Hong Kong to avoid FTX-like scenario through transparency and supervision

Hong Kong to avoid FTX-like scenario through transparency and supervision

Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary o [...]
Huobi Publishes Asset Transparency Report, Revealing $3.5B in Crypto Holdings

Huobi Publishes Asset Transparency Report, Revealing $3.5B in Crypto Holdings

Huobi held $920 million worth of its own HT token as of Nov. 12. The exchange has promised to perform a Merkle Tree Proof of Reserves audit with a thi [...]
Crypto Platform Freeway’s Lack of Transparency Should Have Been a Red Flag

Crypto Platform Freeway’s Lack of Transparency Should Have Been a Red Flag

While the metaverse has not yet helped Facebook parent Meta, which missed Q3 revenue estimates for its Facebook Reality Labs (FRL) division, Deepak Ch [...]
How the pay transparency movement’s success will change job listings

How the pay transparency movement’s success will change job listings

A growing number of states and municipalities are enacting salary transparency laws, a stepping stone toward eliminating wage discrepancies based on g [...]
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Cryptocurrency Lawyer Says

Bankrupt Lender Celsius CEO Owes Creditors Transparency, Cryptocurrency Lawyer Says

Until financial details are clear, however, Hodder said that Celsius should not only be more transparent, but should “stop spending exorbitant funds e [...]
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’

US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’

The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled [...]
New York Regulators Have Planted a Seed for Stablecoin Transparency

New York Regulators Have Planted a Seed for Stablecoin Transparency

The NYDFS will broaden the amount of information available in attestation reports by requiring that stablecoin's assets be reported not only in aggreg [...]
Circle looks to reaffirm commitment to transparency as USDC market share soars

Circle looks to reaffirm commitment to transparency as USDC market share soars

The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital an [...]
Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst

Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst

The director of blockchain market research said Tether should be more transparent about “what they actually hold on their balance sheets,” on CoinDesk [...]
Binance CEO CZ to support Terra community but expects more transparency

Binance CEO CZ to support Terra community but expects more transparency

Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the on [...]
Tether (USDT) Gets a Trade Volume Boost as Transparency Improves

Tether (USDT) Gets a Trade Volume Boost as Transparency Improves

Today, Tether (USDT) is holding at $1 (USDT/USD), which is not unusual for this stablecoin since it is linked to the US dollar and designed to have a [...]
Lack of transparency among project auditors a big problem: Hacken CEO

Lack of transparency among project auditors a big problem: Hacken CEO

Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” i [...]
Core Scientific Begins Reporting Daily Bitcoin Mining Production in Bid to Improve Transparency

Core Scientific Begins Reporting Daily Bitcoin Mining Production in Bid to Improve Transparency

Earlier in April, a project by Block, Blockstream, and Tesla project revealed plans to publish real-time mining data. www.coindesk.com [...]
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