Canaan posted a 90% over-the-quarter lower in internet revenue in Q3 2022, the agency formally introduced on The agency’s Q3 internet revenue amounted to million renminbi (RMB), or million, which is a 88% lower from the…
CEO
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Altcoin NewsNews
Crypto.com turns into newest financial institution run sufferer, however CEO says it’s enterprise as regular
by Jeremyby JeremyIssues develop over 11, Marszalek made a partial disclosure of the firm’s reserves in a bid to quell insolvency Nonetheless, questions stay on the efficacy of Proof of Reserves Specifically, property held at a snapshot in…
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Exchanges
New Huo Expertise unit will get $14M mortgage from ex-Huobi CEO Leon Li to cowl consumer funds caught on FTX
by Jeremyby JeremyHuobi Expertise, which was an affiliate of Huobi International earlier than Justin Solar acquired the trade, was rebranded New Huo Expertise in million of the locked belongings belong to customers, whereas the remaining million belongs to the…
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Blockchain
Crypto.com CEO Dismisses Hypothesis of Monetary Bother, Says FTX Publicity Is Minimal
by Jeremyby JeremyPlease notice that our privateness coverage, phrases of use, cookies, and don’t promote my private data has been up to Supply hyperlink
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Exchanges
Binance CEO Zhao Pushes for Crypto Self-Custody; Belief Pockets Token Soars 80% to Document
by Jeremyby Jeremy“Self-custody is a basic human proper,” Zhao tweeted, persuading folks to make use of Belief Pockets to take full management of their Supply hyperlink
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Altcoin NewsNews
Crypto.com transferred almost 85% of ETH reserves to Gate.io in October, CEO assures it was unintended
by Jeremyby JeremyThe alternate’s CEO Kris Marszalek responded to hypothesis and stated the switch was completed by chance and had since been was presupposed to be a transfer to a brand new chilly storage tackle, however was despatched to a whitelisted…
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1/ Assertion from John Ray, Chief Restructuring Officer and CEO of @FTX_Official — In line with their obligations as Chapter 11 Debtors-in-Possession, FTX US and FTX [dot] com proceed to make each effort to safe all property, wherever 2/…
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ICO
FTX CEO John Ray Confirms Late-Night time Hack, Says Firm Is Working With Regulation Enforcement
by Jeremyby JeremyBankrupt crypto trade FTX’s new CEO, John Ray, took to Twitter Saturday to substantiate that the trade and its subsidiary, FTX US, had been hacked final night time in an assault that drained lots of of tens of millions…
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Altcoin NewsNews
SBF out as CEO as FTX information for chapter; SEC Chairman’s ties with trade beneath scrutiny
by Jeremyby JeremyCryptoSlate High TalesFTX information for chapter, Sam Bankman-Fried steps down from CEO positionAbout 130 corporations affiliated with the FTX Group have collectively filed for Chapter 11 chapter on The trade stated that it’s going to work to restructure…
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