The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, and more.
CryptoSlate Top Stories
Polygon co-founder addresses criticisms the project is just as bad as Solana
Polygon co-founder Sandeep Nailwal went on the defense against “ecosystems who are feeling defeated & jealous.”
The comment was motivated by a tweet from Mert Mumtaz, the co-founder, and CEO of Helius Labs, who pointed out Polygon had received more VC money than Solana and had used the funding to “pay people to use the chain and acquire companies.”
Third party auditor confirms Binance Bitcoin reserve is over collateralized
Binance’s Bitcoin (BTC) reserves collateralization is in excess of 100% as of Nov. 22, when a snapshot of its total liabilities and reserves was taken, according to financial auditor Mazars.
To arrive at this result, the auditor conside
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