Binance holds $74.7 billion worth of crypto in its reserves and roughly 40% are in the firm’s own tokens, report says

Fenika Bench

Antonio Masiello/Getty Images Nearly half of Binance’s reserves are in the firms own stablecoin and native token, according to Bloomberg. Co-founder Changpeng Zhao said earlier this week Binance would be more transparent and provide proof of reserves. The exchange’s total holdings amount to about $75 billion. About 40% of Binance’s […]

Monetary Corporations’ Tackle Crypto-as-a-Service

Fenika Bench

As cryptocurrency digs deeper into the mainstream, increasingly corporations discover their prospects are asking about it. Meaning banks and monetary providers corporations wish to supply the power to purchase, promote and commerce digital belongings earlier than their prospects go elsewhere to get them, nevertheless it additionally means retailers wish to […]