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![]() | While an audited Proof of Reserves is underway, Kris the CEO of Crypto.com just shared a dashboard of their holdings on Twitter: https://portfolio.nansen.ai/dashboard/crypto.com submitted by DepressedBoiiiiiiii to CryptoCurrency [link] [comments] Nansen AI Portfolio Dashboard Out of 2984 Million, Crypto.com holds roughly
What I found interesting is that Crypto.com holds a whopping 19.83% in SHIB which is like 600 Million in SHIB. This must be where they make their most fees and how they attract users. |
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![]() | Global forex reserves saw a record decline at the quickest rate ever as central banks of most developing nations intervene to maintain their currencies. The forex reserves have decreased by approximately $1 trillion, or 7.8%, to $12 trillion this year. submitted by ella4637 to forex_learnling [link] [comments] forex reserves saw record decline of $1 trillion The ultimate reasons behind the fall are expected to be the valuation adjustments. The dollar worth of these currencies' holdings dropped as the dollar surged to two-decade highs versus other reserve currencies, such as the euro and yen. The declining reserves, however, also reflect the tension in the currency market, which is causing an increasing number of central banks to draw from their war chests to stave off devaluation. For instance, India's forex reserve has decreased by $96 billion to $538 billion this year. According to the RBI, asset valuation adjustments are responsible for 67% of the decrease in reserves during the course of the fiscal year beginning in April, indicating that currency intervention accounted for the remaining 35%. Read how to earn for play game click |
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