Market Analysis

Binance Russian VP and Manager the Latest Execs to Depart

September 7, 2023 0

Binance’s vice president of Eastern Europe, Turkey, the Commonwealth of Independent States, Australia, and New Zealand, Gleb Kostarev, has announced his resignation. Kostarev is the latest exec to depart the beleaguered exchange after Binance product […]

Crypto Exchanges Are the Least Trusted Financial Institutions, Survey Says
Market Analysis

Crypto Exchanges Are the Least Trusted in Finance

September 7, 2023 0

A new report reveals that crypto exchanges rank as the least trusted financial service for non-crypto users. This finding comes despite growing interest in cryptocurrencies from both existing crypto owners and non-owners. The report by […]

Sam Bankman-Fried Won’t Get Out of Jail: Appeals Court to Take Up the Case
Market Analysis

Sam Bankman-Fried Won’t Get Out of Jail

September 7, 2023 0

Sam Bankman-Fried, the founder of the now-defunct FTX cryptocurrency exchange, was denied immediate release from a Brooklyn detention facility on Wednesday. The decision came from the 2nd United States Circuit Court of Appeals in Manhattan […]

Former SEC Official Believes Likelihood of A Bitcoin Spot ETF Approval Is ‘Slim and None’
Market Analysis

FASB Unveils New Crypto Accounting Standards

September 6, 2023 0

On Wednesday, the US body responsible for setting accounting standards voted unanimously to introduce new accounting guidelines for companies with significant cryptocurrency holdings. After indicating support last year, the Financial Accounting Standards Board (FASB) has […]