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

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Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures Drop
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Bitcoin outperformed ether and BNB token as MazarsGroup's decision to suspend crypto audit work and binance fears weighed over the crypto market. Reports godbole17

Binance's proof-of-reserves report, showing the giant exchange's bitcoin reserves were overcollateralized. The report, however, did not provide details about the internal controls in Binance's margin and loan products, raising doubts about the exchange's health.worth several hundred million dollars as investors scrambled to take direct custody of their coins.

"Paid lobbyists and spokespersons are carrying SBF's voice and torch while he tries to change the narrative of the misappropriation of customer funds. As those attempts have been largely discredited, the attacks on Binance have intensified," Markus Thielen, head of research and strategy at Matrixport, wrote in a note to clients on Friday.Investors in traditional markets sold risk, driving the U.S.

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