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Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’ – Bitcoin News

On Tuesday, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assertive with calling out problems,” and he stressed that a POR audit “requires cryptographic proof of client balances and

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Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market – Economics Bitcoin News

Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted by Mainstreet business shutdowns and deadlocked supply chains. In fact, after the

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Kraken’s Jesse Powell will step down as CEO, stay on as board chair

Jesse Powell, the co-founder and CEO of cryptocurrency exchange Kraken, will be stepping down after leading the platform for more than 11 years.According to a Wednesday announcement, Kraken said Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with Kraken since 2016. The soon-to-be former

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Bitcoin Takes Hit after Powell Says U.S. Central Bank May Well Keep Raising Interest Rates – Blockchain News, Opinion, TV and Jobs

The the biggest cryptocurrency by market cap, has been battered this year following a huge market sell-off and the soaring global economy. Now trading at a price 70% lower than its November 2021 all-time high of $69,044.77. Ethereum, the second biggest digital asset followed suit, trading at around $1,584,82 at this

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