Tech from around the world
Tech from around the world
India’s tax rules on crypto, which went into effect last April, has resulted in local exchanges ceding the lion’s share of the market to those operated by foreign players, according to a new report. Binance, Coinbase and other foreign exchanges…
Advertisement Crypto bros retweeted by Zhao have tried to claim that “comparing Binance to FTX is ridiculous” while citing Binance’s reserves. The problem is, Binance has resisted doing a full audit of its company like rival Coinbase has, which would…
It’s been a long year for Voyager Digital. After filing for bankruptcy, the crypto lender thought it would be able to return some funds to its customers by selling its assets to FTX. As you know, things haven’t been going…
Global audit firm Mazars has deleted the website that hosted proofs-of-reserves work for cryptocurrency exchanges. The company told Bloomberg that it is suspending its work with crypto companies on proofs-of-reserves reports going forward. Mazars appeared a few times in crypto…
So why were the heads of Binance and other crypto firms so eager for such dumbed-down, targeted audits versus a full scale review of company finances? Well Binance, which remains by far the largest exchange by market cap, has struggled…
