- Crypto Currency Tracker logo - Crypto Currency Tracker logo
Coinpedia 2024-05-25 08:46:18

Bybit’s Ben Zhou Shuts Down Insolvency Speculation With $11B Proof of Reserves

The post Bybit’s Ben Zhou Shuts Down Insolvency Speculation With $11B Proof of Reserves appeared first on Coinpedia Fintech News Ben Zhou, the CEO of the cryptocurrency exchange Bybit, has now effectively dispelled negative rumours of the exchange’s liquidity issues or an alleged hack. The speculation that began on May 22 was especially actuated by false proof-of-reserves data relayed by Arkham Intelligence.  Similar to recent events involving FTX, Bybit faced scrutiny amid fears of fund …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.