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As regulators scrutinise FTX, investor focus swings to Crypto.com

As regulators scrutinise FTX, investor focus swings to Crypto.com

Bitcoin Crypto.com CEO says it will publish proof of reserves Bitcoin steadies around $16,700 Binance CEO plans “industry recovery fund” Smaller exchange AAX halts withdrawals SINGAPORE/LONDON, Nov 14 (Reuters) – Bitcoin and other cryptocurrencies remained under pressure on Monday following last week’s collapse of crypto exchange FTX while rival exchanges sought to reassure jittery investors of their own stability. Kris Marszalek, CEO of Singapore-based crypto exchange Crypto.com, refuted suggestions it could be in trouble, saying in a YouTube livestream address the platform would prove all naysayers wrong. The ‘AMA (ask-me-anything)’ session came after investors took to Twitter over the weekend […]