Transparency

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

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В понедельник, Генеральный директор Binance Чанпэн Чжао, 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…

House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest

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On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of…

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

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According to a recent mission statement published by the International Monetary Fund (МВФ), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use…

Binance и Crypto.com публикуют результаты аудита Proof-of-Reserve, проведенного Global Auditor Mazars Group

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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. On Dec. 9,…