Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Exahash, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be

Prüfbericht: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

Nach Angaben der USA. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, die USA. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. Am Dez. 9,…

Der Gouverneur der nigerianischen Zentralbank sagt, dass die CBDC-Einführung nur noch "ein paar Tage" entfernt ist

The governor of the Central Bank of Nigeria (CBN), Godwin-Abend, has confirmed the countrys upcoming digital currency will be launchedin a couple of days from now.According to the governor, the digital currency which is also known as the