
Binance Proof of Reserves fall by $3.5B in 24 hours
Binance's USD and BTC Proof of Reserves fall by $3.5 billion and 500 million, respectively, according to Glassnode data.
Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.

Currently, less than 12% of all Bitcoin supply is held on exchanges while Binance and Coinbase account for 5.5%.

The exchange also lost $32 million in Ethereum, $200 million in Binance USD and Tether, and $300 million in USD Coin.

The sudden rise in XEN crypto mints is likely in commemoration of 60 days since its launch.

Addresses with 1-10, 10-100, 100-1,000 and over 10,000 ETH have all recorded impressive growth rates.

There is an underlying assumption that the entire NFT market is fraudulent in nature and only consists of wash traders. We often see media headlines pushing this narrative. After all, why would people spend millions of dollars on a JPEG?

For the purposes of this article, we'll be looking broadly at these three measures: security and privacy, transaction and cost efficiency and lastly, token ecosystems and reward-generating offerings.



