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Binance Proof of Reserves Update: Key Asset Shifts Revealed! ๐๐ฐ #Binance just dropped its 22nd Proof of Reserves, showcasing the latest in #crypto holdings: BTC: 605k, a slight dip of 1.27% ๐ช #ETH : 4.486 million, down 4.58% or 215k ETH ๐ USDT: A significant rise to 22.11 billion, up 4.34% ๐ต This snapshot reflects the dynamic nature of user assets on the platform. #ProofOfReserves
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๐จ Is a big pump coming for $BTC and crypto? ๐จ USDT holdings on exchanges have started to climb ๐ When stablecoin flow to #exchanges increases, it often signals that buying pressure is on the way. ๐ฐ With #CPI data and #FOMC meetings approaching, it seems like whales are gearing up for a potential market surge. ๐
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Recent crypto fundraising โ 1. Balance - Raised: $30M - Description: Web3 platform focused on blockchain #gaming and AI technologies. - Backed by: a16zcrypto, galaxy, amber, animoca, aptos 2. Hypernative - Raised: $16M - Description: Web3 security platform offering monitoring and risk management tools for projects. - Backed by: quantstamp, borderless, cmtdigital, bloccelerate 3. IDA - Raised: $6M - Description: #Digital asset technology company focused on bridging Web2 and Web3 for businesses. - Backed by: cmccglobal, hashed, hackvc, anagram 4. Puffpaw - Raised: $6M - Description: dePIN project on Berachain aimed at bringing vaping activities on-chain to incentivize smoking cessation. - Backed by: lemniscap, spartan, foliusventures, voltcapital 5. Quai Network - Raised: $5M - Description: Fully scalable and programmable Proof-of-Work Layer 1 network. - Backed by: cogitentventures, gigachadventures, ceras, vventures 6. Chainbound - Raised: $4.6M - Description: R&D firm building optimized #infrastructure and networking tools for blockchains. - Backed by: cyberfund, maven11, robotventures, banklessventures, chorusone 7. Legend of Arcadia - Raised: $4M - Description: Multi-chain, free-to-play, and play-to-earn casual strategy card game. - Backed by: xventures, archefund, animoca, selini 8. time.fun - Raised: $3M - Description: Time tokenization platform allowing creators, or "timeholders," to monetize their time. - Backed by: brevanhoward, vventures, maelstrom This showcases a broad range of fundraising efforts across different blockchain-related sectors, including gaming, security, infrastructure, and tokenization.
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Users lost more than $5.6B in 2023 through #crypto - related fraud, a 45% jump from 2022: FBIโ - People over 60 years old were most scammed, they lost ~$1.6B - Investment scams were the most common, accounting for 71% of losses with 32k complaints & $3.9B loss. #CryptoScamAlert #BitcoinSCAM
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