Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

Newly-named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients. дальше »

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Genesis Global Dismisses Additional 30% of Staff

Coinspeaker Genesis Global Dismisses Additional 30% of Staff Genesis conducted the latest staff cut after the company informed clients about "reducing costs and driving efficiencies" amid challenging times for many crypto firms. дальше »

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NY Attorney General Sues Former Celsius Network CEO for Defrauding Clients

Coinspeaker NY Attorney General Sues Former Celsius Network CEO for Defrauding Clients New York’s state attorney general Letitia James revealed on Twitter that she is suing the former Celsius Network head for defrauding investors out of billions of dollars. дальше »

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Customers interfered with FTX’s plan to sell subsidiaries

FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the process. дальше »

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Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience

ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green. дальше »

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Genesis CEO asks for more time to resolve crisis

In a letter to clients, Derar Islim, the interim CEO of Genesis Global Trading, said it would take the company time to resolve its complex financial problems. дальше »

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Genesis CEO asks for patience from clients amid Gemini pressure

Genesis Trading, the cryptocurrency brokerage and lender that halted customer withdrawals in the aftermath of FTX collapse, believes it can sort out its financial problems. However, it needs more time in order to accomplish this, the troubled crypto lender’s interim CEO Derar Islim said. дальше »

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Genesis CEO Says Solution Requires More Time

Derar Islim addressed the institutional crypto brokerage's clients in a letter on Wednesday. дальше »

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Crypto Broker Genesis' CEO Tells Clients It Needs More Time to Sort Out Finances

Genesis halted withdrawals in November in aftermath of FTX's collapse. дальше »

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Genesis-DCG Loan Leads to Class Action Arbitration Case From Gemini Clients

Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini. дальше »

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Genesis-DCG Loan Leads to Class Action Arbitration Case from Gemini Clients

Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini. дальше »

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Crypto bankruptcies: the new cash cow for law firms in 2023

The potential for significant fees through regulatory compliance and representation of clients has now made cryptocurrency law a lucrative field for law firms. дальше »

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Investors Continue Growing Concerned About Grayscale Bitcoin Trust

Industry players warn that the Grayscale Bitcoin Trust's lack of redemptions will harm clients as its discount widens to roughly 46%. The post Investors Continue Growing Concerned About Grayscale Bitcoin Trust appeared first on BeInCrypto. дальше »

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OKX releases second proof-of-reserve report, assures clients of asset safety 

OKX has released its second proof-of-reserve (POR) report. As part of efforts to increase transparency, the exchange said it will be publishing reserve reports on the 22nd of every month. дальше »

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“Not A Single Mention of Cardano, Pretty Low,” says Hoskinson on Coinbase’s 2023 Market Outlook Report

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Coinbase is awarded license to operate in Ireland

Coinbase is now able to operate in Ireland, which enables the company to work with European clients as well. According to a Dec. 21 announcement, Coinbase won approval from the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP).… дальше »

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Binance faces misleading social media adverts charges in France

Binance is facing a lawsuit from French clients regarding its advertisement on social media. The investors claim that the crypto exchange’s marketing practices tricked them. Binance is accused of false service offerings Customers in France are accusing Binance of using deceptive… дальше »

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First Accountants Now Insurers Turn Their Backs on Crypto Clients

Insurers are increasingly denying or significantly limiting coverage to clients involved with crypto due to the collapse of exchange FTX. The post First Accountants Now Insurers Turn Their Backs on Crypto Clients appeared first on BeInCrypto. дальше »

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Binance Losing Auditing Partner Mazars Leaves Crypto Questions Unanswered

French auditing firm Mazars, which had published proof-of-reserves for Binance and other exchanges, on Friday announced it cut ties with its clients in the crypto industry. дальше »

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Binance.US acquires Voyager assets

The main purpose is maximizing the value returned to clients   Voyager’s claims against Three Arrows Capital are still with the bankruptcy estate Binance. US will make a $10 million deposit in good faith reimburse Voyager up to $15 million Voyager Digital LLC, the operating unit of Voyager Digital Ltd. дальше »

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Auditing firm BDO could follow Mazars in abandoning crypto clients

BDO could become the latest auditing firm to halt or limit services to crypto companies, based on reports from the Wall Street Journal on December 16. The post Auditing firm BDO could follow Mazars in abandoning crypto clients appeared first on CryptoSlate. дальше »

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BNB slides as Binance’s auditor stops working with crypto firms

Mazars, a consultancy service provider behind Binance’s PoR, stopped working with crypto clients. BNB reacted with a drop of almost 7%. At press time, Binance Coin (BNB), a native token of Binance, slid 6.7% and is traded at roughly $251.… дальше »

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Binance auditor Mazars suspends crypto-related client work

The auditing company Mazars, which worked with Binance and other crypto exchanges on proof-of-reserves statements, has stopped all work with crypto clients. Mazars no longer serves clients that use cryptos According to an article published by Bloomberg, Mazars, the auditing… дальше »

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Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients; S&P Futures Drop

Bitcoin outperformed ether and BNB as Mazar's decision to suspend crypto audit work and Binance fears weighed over the crypto market. дальше »

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Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients

Mazars said it had concerns about how the reports were being interpreted by the public. дальше »

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Tickmill FAQ Review: Account types, Deposits, And Withdrawals Explained

Intro – What is Tickmill? Most founders, executives, or team leaders will tell you that caring about clients is the most crucial thing every business should focus on. In this article, we’ll have a quick look at Tickmill: a multi-regulated and multi-asset broker that does care about its clients. дальше »

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FTX CEO Ray Says It’s Impossible To Recoup All Losses, US Clients Fare Better

Yesterday’s testimony hearing of new FTX CEO John Ray III to the U. S. House of Representatives Financial Services Committee brought to light some new findings that are not likely to please former customers of the exchange. дальше »

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Tether addresses recent FUD, to reduce loans in 2023

Tether assured clients of its unwavering dedication to offering quality and transparent services as it debunked its secured loans FUD.  дальше »

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Crypto derivatives exchange Deribit releases new client verification of assets tool

Deribit, the popular cryptocurrency derivatives exchange, announced today it has launched a new ‘Proof of Reserves‘ tool for clients using the trading platform. Now, clients are provided with the functionality to verify their assets to be included in Deribit’s overall reserves. дальше »

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Crypto derivatives exchange Deribit releases new client verification of assets function

Deribit, the popular cryptocurrency derivatives exchange, announced today it has launched a new ‘Proof of Reserves‘ tool for clients using the trading platform. Now, clients are provided with the functionality to verify their assets to be included in Deribit’s overall reserves. дальше »

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Binance launches Binance Pay for its US customers

Crypto exchange Binance has rolled out a new feature for its customers in the United States. Binance Pay has been available to clients in other parts of the world since February 2021. Binance remains the world’s leading cryptocurrency exchange. дальше »

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SEC charges Sam Bankman-Fried with defrauding the US clients

The US SEC, in a recent press release, revealed charges on SBF amid FTX's collapse. The watchdog says SBF deceived clients and robbed them off. дальше »

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Binance suspends trader’s account after complaints on Twitter

Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients.

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Near-bankrupt Genesis ‘is working’ to preserve clients’ assets

To strengthen liquidity, striving crypto exchange Genesis has announced ongoing work to preserve client assets. It might take weeks to come up with a plan. After locking up customers’ funds for about three weeks, Genesis Global Capital is reportedly working… дальше »

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Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency

The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges. дальше »

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Zodia Custody Introduces Service to Protect Against Crypto-Exchange Insolvency

The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges. дальше »

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ConsenSys updates MetaMask privacy policies after backlash

MetaMask’s creators, ConsenSys, announced they would modify their system as consumers complained over the data-gathering policies. In a recent statement, ConsenSys explained how it shared Internet protocol information about MetaMask users with Infura, a service that allows clients to access… дальше »

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AAX clients storm exchange's office in Lagos following operational halt

A group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media.

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Crypto Lender Genesis Owes Crypto Exchange Gemini Clients $900M, FT Report

Crypto lender Genesis owes US-based crypto exchange Gemini customers $900 million, according to a December 3 Financial Times report. The post Crypto Lender Genesis Owes Crypto Exchange Gemini Clients $900M, FT Report appeared first on BeInCrypto. дальше »

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Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

The issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis. дальше »

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Defunct Mt. Gox CEO Mark Karpeles on Navigating Crypto Bankruptcy

, Mark Karpeles said he got himself involved with crypto-related stuff back in 2010. Back then, he had a hosting company, and one of his clients reported that he had problems making payments via bank and was considering shifting to making payments via bitcoin. дальше »

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South Africa Adds Crypto Businesses to List of Accountable Institutions

Crypto exchange and custody businesses are among entities that will have to identify and keep records for new and existing clients. дальше »

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UAE hosts 4% of FTX clients, tighter regulations ahead

FTX, a fallen crypto trading giant, was among the biggest shareholders of the crypto market. According to reports, at least 4% of the clients of this exchange were based in the United Arab Emirates region. дальше »

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Mitsubishi Logistics creates blockchain tracker for delivery

Mitsubishi Logistics has harnessed the power of blockchain to allow its clients to track their shipments to ensure that outsourced pharmaceutical shipments are kept in proper conditions throughout. дальше »

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Akula shuts down because of competition from Paradigm

Rust-based, the Akula Ethereum client, is incredibly fast. Ethereum clients are pieces of software that enable nodes to interact with the blockchain and execute smart contracts. In 2021, Ethereum core engineer Artem Vorotnikov assembled a small team of programmers to… дальше »

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UAE regulator revokes FTX license amid the exchange collapse

Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate. дальше »

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Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients

The exchange will offer up to $10 million to institutional clients and market makers. дальше »

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Galaxy Digital CEO Expects Slow Grind to Build Trust After FTX ‘Failure to Self-Regulate’

The CEO of Galaxy Digital expects a slow grind to build trust with clients as back-to-back black swan events hit the crypto industry. The post Galaxy Digital CEO Expects Slow Grind to Build Trust After FTX ‘Failure to Self-Regulate’ appeared first on BeInCrypto. дальше »

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OKX rolls out Proof of Reserves, self-audit, Custodial Wallet

OKX, the second-biggest crypto exchange in the world by trading volume, has introduced three new leading offerings that are giving its clients improved visibility into their assets, greater control over funds, and insight into asset backing, Coin Journal learned from a press release. дальше »

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FTX Japan hopes to resume withdrawal for clients before year end

Senior executives at the Japanese subsidiary of the defunct FTX crypto exchange, FTX Japan, have said they look forward to resuming clients’ withdrawals before the year ends. This was made known at a press interview by an unnamed executive. He… дальше »

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