The Co-Creator of the memecoin Dogecoin – Billy Markus (better known as Shibetoshi Nakamoto) – thinks if either Binance or Tether goes down, this could be “pretty much game over.” The American software engineer also outlined that an increasing number of people have realized that too much centralization is a “big weakness.”

The crypto community noticed that Binance moved $2.7 billion out of its proof-of-reserves wallet. Binance responded, saying that it was a move to a TRX cold wallet. Crypto community members are also doubting the reserves, saying it is inadequate for what is in the BNB ecosystem.

Binance.US is preparing to re-bid for bankrupt lending platform Voyager Digital’s assets, according to a CoinDesk report, citing a person familiar with the plans. 

Binance CEO Changpeng Zhao (CZ) <a href="https://milkeninstitute.org/video/changpeng-zhao-binance-ceo">talked</a> about SBF with the Milken Institute on Nov. 17, 2022, and he explained that he did not know why SBF <a href="https://twitter.com/SBF_FTX/status/1590709197502812160">considered</a> Binance a “sparring partner.”

Authorities in multiple jurisdictions are questioning Binance over the international crypto exchange's role in the downfall of FTX. The inquiries come on top of ongoing investigations into FTX itself by U.S. law enforcement and regulators. Binance's acknowledgment of the inquiries comes in response to criticism from UK MPs over an alleged lack of information provided to a parliamentary committee on that exact topic.

Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss in the previous week. The cryptocurrency is recording significant losses across all timeframes due to the recent event surrounding FTX and the contagion impacting the crypto industry.&nbsp;

Crypto exchanges Binance and OKX announced temporary suspension of USDC (SOL) and USDT (SOL) deposits.

As the cryptocurrency industry continues to expand, the need arises to educate the public about digital assets, their uses, advantages, and risks to support this growth, which is why the crypto trading platform Binance is now offering free courses on the increasingly popular technology.

Following the collapse of FTX and the bank run on crypto exchanges in general, self-custody Trust Wallet is gaining momentum. In one week, the company launched the long-anticipated browser extension and collaborated with Binance, whose users can now transfer their funds directly to a Trust Wallet account.&nbsp;

Binance.US, the American arm of the world’s largest cryptocurrency exchange, is preparing to bid for bankrupt lending platform Voyager Digital, according to a person familiar with the plans.