Crypto Exchange

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A Brief History of Bitcoin & The Future of the Centralized Exchange Industry

14 Dec 2022 3 minute read 0 comments Betasyndicate.eth

Bitcoin is a decentralized digital currency that was invented by an unknown person or group of people using the pseudonym Satoshi Nakamoto. It was first released in 2009 and has since become the world's most widely-used cryptocurrency. Today, Bitcoin...

Binance possibly being charged with Money Laundering by U.S. Department of Justice

14 Dec 2022 1 minute read 6 comments ZeroRequiem

Hey Peeps!     The largest cryptocurrency exchange on the planet may be headed for some tough times in the future.  The U.S. Department of Justice is reportedly split over charging Binance with Money Laundering.  I had not known this before, but app...

Binance got new Competitor in Kraken

13 Dec 2022 1 minute read 1 comment Yugocean

Kraken Returns From Blacklist     After ruined FTX, Binance is facing new challanger in Kraken, Jesse Powell is giving a tough time to CZ-led Binance. Recently, the Twitter digging by Elon Musk has revealed that the "Kraken" name was blacklisted on T...

Sam Bankman-Fried is under arrest

13 Dec 2022 1 minute read 8 comments ZeroRequiem

Hey Peeps!     We got him! The Most Wanted Man in all of Crypto, Sam Bankman-Fried, has finally been caught and arrested.  Earlier today, SBF was arrested by authorities in the Bahamas, at the request of the U.S. Government SBF is being charged with...

FalconX announces exposure to the FTX collapse

12 Dec 2022 1 minute read 1 comment ZeroRequiem

Hey Peeps!     FalconX is a global crypto trading platform that is used by financial institutions. On Thursday, December 8th, FalconX announced in a blog post that the company has an exposure of 18% of its "unencumbered cash equivalents".    It was...

Why KYC Is Essential In Exchanges

11 Dec 2022 1 minute read 6 comments stbrians

What Is KYC?  I have found many people who wonder what sort of animal is this thing called KYC.  The abbreviation stands for Know Your Customer. KYC is the first step in anti-money laundering (Aml). Money laundering encases the use of money in crimes...

SBF and CZ clash off in a War of Words

11 Dec 2022 1 minute read 4 comments ZeroRequiem

Hey Peeps!     Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ) are butting heads on Twitter and the world is watching on from the sidelines.    On Friday, December 9th, CZ tweeted out an 11-part thread that started about Kevin O'Leary and his FTX in...

Audit of Binance shows their Bitcoin is backed over 100%

10 Dec 2022 1 minute read 5 comments ZeroRequiem

Hey Peeps!     On December 7th, international audit, accounting and consulting firm, Mazars published their report of Binance's Proof-of-Reserves and Proof-of-Liabilities. A snapshot of Binance's total reserves and liabilities were taken, at Novembe...

Sam Bankman-Fried, buffoon or evil mastermind?

9 Dec 2022 8 minute read 7 comments Patch

I thought it was high time I did a post and took a deeper look at the infamous SBF. Is he really just a buffoon or is there something sinister lurking? Was it all an evil master plan from an equally evil mastermind? Sam Bankman-Fried Or SBF for shor...

My Thoughts On Binance, KYC, Centralized Finance, and Trust Wallet...

4 Dec 2022 2 minute read 2 comments CodyMac50

I may be 100% wrong about this, and I have been known to be wrong before, and CZ may be a hero, and the investigations into Binance may simply be central governments hating on crypto and exchanges, but I have some things I want to talk about.From day...