Bitcoin24h $109,493.67+1.38%

Ethereum24h $3,874.33+0.33%

BNB24h $1,103.94+3.18%

XRP24h $2.41+0.14%

Solana24h $186.53+1.20%

TRON24h $0.3226-0.10%

Dogecoin24h $0.1935+1.10%

Cardano24h $0.6379+0.38%

Hyperliquid24h $38.75+11.91%

Chainlink24h $17.54-0.28%

Binance moved $8 billion off its proof-of-reserves

In December, Binance listed billions of dollars in excess proof-of-reserves but much of that capital buffer has now vanished from view.

CZ’s release was supposed to launch Uptober — instead, we lost $200B

In an ironic twist of luck that few predicted, crypto prices apparently performed better while CZ was in prison.

Forbes accuses Binance of hiding BNB ICO failure and Protos analysis shows Binance has far more BNB than noted in its ‘proof-of-reserves.’

DeFi lender Venus has a plan for a potential major liquidation of BNB made by hackers last year… but dodgy finances plague the protocol.