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Audit firm Mazars to verify KuCoin’s proof of reserves

According to an announcement on Dec. 5, the verification will provide the exchange customers additional transparency and reporting on whether their in-scope assets are collateralized, along with details on main, trade, margin, robot and contract accounts for Bitcoin (BTC) and Ether (ETH), as well as for the stablecoins Tether (USDT) and USD Coin (USDC).

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Source: Cryptocurrency - investing.com

Explainer-Why the U.S. Inflation Reduction Act has Europe up in arms

Bank of Israel voted 6-0 to raise rates 1/2-point of Nov 21 -minutes