Boris Johnson’s brother Jo has resigned from his position as an adviser to the Binance cryptocurrency trading platform. In addition, Lord Johnson of Marylebone’s official documents reveals that he just started working in the position in September. The cryptocurrency market is in a volatile situation right now. And the business
The biggest cryptocurrency exchange by trading volume, Binance, has announced its top three most-watched cryptocurrencies. Bitcoin, Ethereum, and Shiba Inu are the three most-watched cryptocurrencies as per Binance this year. In the wake of FTX’s decline, the cryptocurrency market has been suffering. Investor faith in cryptocurrencies has been shaken by
Crypto.com, a cryptocurrency trading platform, has been granted a Payment Institution License (EMI) by Brazil’s Central Bank. The approval means the company may keep providing its services and goods related to digital assets to citizens of the South American nation. CEO Kris Marszalek recently said that Crypto.com is “incredibly proud”
FC Barcelona, one of the most successful soccer teams in Europe, has signed a partnership arrangement with the cryptocurrency exchange WhiteBIT. Through June 2025, the exchange will be the team’s official cryptocurrency exchange partner. The soccer juggernaut said that its relationship with WhiteBIT will help them to continue to be
According to Binance’s Director of Governmental Relations in the Commonwealth of Independent States (CIS), Olga Goncharova, Binance is willing to assist the Central Bank of Azerbaijan (CBA) in developing procedures for crypto regulation. The Binance spokesman told Azerbaijan’s Trend News Agency that regulatory issues were addressed during a recent meeting
Michael Burry, the founder of the investment company Scion Asset Management. And a well-known investor, said on Friday that proof-of-reserves (POR) audits of cryptocurrency exchanges such as Binance and the defunct exchange FTX are pointless. Furthermore, Burry is regarded as the first investor to correctly predict and benefit from the
Binance, a cryptocurrency exchange, said on Friday that its auditor, Mazars, has ceased services for cryptocurrency enterprises, including cryptocurrency exchanges, as reported by Bloomberg. A representative for Binance claims that the French accounting firm Mazars would not provide services, such as proof of reserves, to cryptocurrency exchanges. Binance, KuCoin, and
Recently, the outcomes of Binance’s proof-of-reserves audit were made public, and blockchain analytics firm CryptoQuant used those results to publish a report. Since FTX’s demise a month ago, centralized exchanges have been under intense scrutiny. Binance receiving particular attention for its efforts to convince clients and investors that the exchange
In the Southern District Court of California, clients of insolvent cryptocurrency firms FTX and Alameda Research have filed a class action complaint against Silvergate Bank, Silvergate Capital Corporation, and Silvergate CEO Alan Lane. The lawsuit accuses Silvergate of playing a part in the collapse of FTX. By routing customer contributions
The Dutch central bank released a statement on Thursday saying that the cryptocurrency exchange KuCoin is operating illegally in the country. Bank documents reveal that KuCoin operates as a wholly owned subsidiary of MEK Global Limited (MGL), a Seychelles corporation. Although consumers of the exchange are not breaching the law,
