Crypto: Confidence crisis brew as auditing firm halts work
Accounting firm Mazars has halted its work for Binance as outflows accelerated to $6bn
The world’s largest cryptocurrency exchange, Binance has revealed that the auditor Mazars has stopped working with it as outflows from platform swelled to $6 billion following the collapse of FTX earlier in the week.
The website offering digital trading cards showing Donald Trump in guises such as a superhero, astronaut and Nascar driver says the items have already sold out. The announcement drew criticism and mockery, including from Republicans.
And as the month-long FIFA World Cup tournament draws to a close, we evaluate how the competition not only proved to be a tourism boom for host Qatar but also for neighbour – the UAE and in particular – Dubai.
(Its a difficult time for Cryptocurrency. Credit:Getty)
Last on
More episodes
Broadcast
- Sat 17 Dec 2022 01:06GMTΒι¶ΉΤΌΕΔ World Service
Podcast
-
Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ