Binance's latest Proof of Reserves report shows user Bitcoin holdings increased by 4.26% to about 632,580 BTC and Ethereum deposits surged 10.17% to roughly 4.14 million ETH as of June 1, 2026. This growth indicates rising user confidence in Binance's centralized custody despite ongoing counterparty risks. The exchange maintains a slight over-collateralization for BTC at 100.20%, meaning it holds just over one Bitcoin for every Bitcoin deposited. While these figures are self-reported and not independently audited, the use of cryptographic verification methods adds transparency. The notable rise in ETH deposits suggests users may be preparing for staking or trading opportunities amid anticipated network developments.
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
Hollywood actor Matt Damon will speak at Ripple Swell 2026, highlighting Ripple's use in social impact projects like Water.org's clean water initiatives. Ripple CEO Brad Garlinghouse and CTO Emeritus David Schwartz will also feature, discussing innov...
The cryptocurrency market declined after the U.S. Federal Reserve indicated that interest rates might stay higher for longer, causing investor caution. Bitcoin and major altcoins like Ethereum, XRP, BNB, and Solana all dropped over 1%, with DeFi toke...
Satoshi Nakamoto remains the largest individual Bitcoin holder with about 1.096 million BTC, roughly 5.5% of the total supply, accumulated through early mining and largely untouched since. Coinbase is the top exchange holder with 970,000 BTC, control...
The Royal Government of Bhutan transferred 533 Bitcoin (BTC), valued at $34.5 million, to Binance on June 17. These transfers came from Druk Holding & Investments, Bhutan's state investment arm, reducing Bhutan's Bitcoin holdings to 1,749.96 BTC from...
