Indian exchange WazirX in its proof of reserves report revealed that 90% of its user assets are held in Binance wallets.

The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step.

PLUS: In crypto markets, there’s a mini-rally in bitcoin, a narrowing of the “Grayscale discount” and a rally in altcoins.

The exchange agreed in December to purchase the company after Voyager’s deal with Sam Bankman-Fried’s FTX fizzled.

ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher.

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Alongside a big drop in the price of bitcoin, MicroStrategy slumped more than 70% in 2022.

Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner.

The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams.

The move, which Gemini says requires Genesis to return all locked-up assets, sunsets the exchange’s nearly two year-old Gemini Earn program.