Binance hires audit firm that served Donald Trump to verify crypto reserves
Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company. Go to Source Powered by WPeMatico
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Huobi, Poloniex announced strategic partnership despite initial denials of a merger
The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list. Go to Source Powered by WPeMatico
Kraken cuts workforce by 30% in an effort to survive crypto winter
According to the CEO, the exchange grew too fast to accommodate the fast-growing crypto ecosystem Go to Source Powered by WPeMatico
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses. Go to Source Powered by WPeMatico
Libertex crypto exchange head Vyacheslav Taran dies in helicopter crash in France
Taran’s death is the third to shake the crypto world in recent weeks, following Amber Group’s Tiantian Kullander and MakerDao’s Nikolai Mushegian. Go to Source Powered by WPeMatico
Coinbase announces its wallet will stop supporting BCH, ETC, XLM and XRP, citing ‘low usage’
The crypto exchange plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users’ existing addresses. Go to Source Powered by WPeMatico
FTX Fiasco boosts Bitcoin ownership to new highs: analysts weigh in
Data analytics firm Glassnode, hardware provider Trezor and Bitcoin exchange Relai observe an uptick in Bitcoin self-custody. Go to Source Powered by WPeMatico
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Go to Source Powered by WPeMatico
FTX collapse impacts Miami’s nightclub scene: Report
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene. Go to Source Powered by WPeMatico
FTX logos and promotional material still everywhere despite bankruptcy proceedings
Though some officials have removed all traces of their deals with FTX, the firm’s branding still appears on a few sports venues and merchandise. Go to Source Powered by WPeMatico