Binance's 45th Proof of Reserves report from August 1, 2026, reveals that user Bitcoin holdings increased by 16,349 BTC to approximately 657,000 BTC, continuing a three-month growth trend. Meanwhile, Ethereum and Tether (USDT) balances declined by 2.57%, with ETH dropping to about 3.98 million and USDT falling to roughly 32.9 billion tokens. Binance reported reserve ratios above 100% for BTC, ETH, and USDT, indicating reserves slightly exceed user liabilities. The report highlights balance changes but does not clarify the reasons behind movements, such as deposits, withdrawals, or transfers. Proof of Reserves offers a snapshot of backing but is not a full financial audit. The next report, likely in early September, will show if these trends continue.
The debate over Robinhood Chain's fee structure has expanded from a simple cost argument to a broader discussion involving Solana, Arbitrum, and BNB Chain about who should profit from network activity and how to fund long-term development. Solana's c...
Bhutan has transferred 400 Bitcoin, worth about $30.62 million, to an unlabeled address, reducing its tracked sovereign Bitcoin holdings to 518 BTC from a peak of 13,000 BTC in October 2024. Most transfers are linked to the sovereign wealth fund, Dru...
Solana's decentralized platform has surged to fourth place in global Zcash (ZEC) spot trading volume, reaching about $64 million in 24 hours. This marks a 220% increase and positions Solana alongside top centralized exchanges like Binance, Coinbase, ...
XRP futures trading volume surged to $64.6 billion in August, the highest since February, driven by a nearly 30% price increase from $1.06 to $1.50. Binance led the derivatives market with $37 billion in futures volume, followed by Bybit and OKX. Spo...
Bitcoin's futures market experienced its sharpest deleveraging since 2023, with Binance's Bitcoin futures open interest briefly falling below its 180-day average during the largest liquidation event of the current cycle. This was driven by forced liq...
