Ethena assures users of solvency after Bybit hack
According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund....
solvency
Proven Raises $15.8 Million to Promote “Proof of Solvency” Audits
Proven, the platform using zero-knowledge proof to enhance crypto market audits, has announced a $15.8 million seed round, with funding coming primarily...
Crypto ‘Proof of Reserves’ Don’t Prove Solvency: US Audit Cop
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the...
Silvergate Solvency In Question As Crypto Banking Troubles Brew
Silvergate clients flee as stock price plummets and regulatory questions mount across the industry. Options for crypto banking partners are...
SBF says latest revelation is “misleading” about FTX.US solvency
FTX founder Sam Bankman-Fried (SBF) said on Jan. 17 that FTX.US was solvent, adding that customers should be given access...
As fear around FTX’s solvency stands under suspicion, FTT bears the brunt
As the FUD surrounding FTX’s solvency deepens, its native token FTT continues to suffer more distribution. FTT was trading at...