Today’s Top Crypto News, Monday November 28th
•FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says– CoinDesk
“Rostin Behnam, the agency’s chairman, did say FTX executives met frequently with the regulator.”
•Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit– CoinTelegraph
“A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news.”
•Ether Drops as Whale Moves 73K ETH to Binance– CoinDesk
“On-chain researcher Lookonchain warned of selling pressure in ether after a whale moved large amounts of the cryptocurrency to Binance.”