CoinsAQ summary · neutral
Four years after FTX, crypto exchanges still prove assets without proving solvency
What happened
Four years after FTX, major crypto exchanges can prove they hold billions in customer assets while leaving their debts, collateral claims, and corporate obligations largely out of view. A customer opens an exchange account, copies a string of numbers and follows a path through.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this.
FBI Attributes $6 Billion-Plus Binance Hack to North Korea
The FBI attributed the Binance theft to North Korea’s TraderTraitor activity and urged crypto services to block transactions linked to the stolen funds.
