Insurers Follow Auditor in Shunning Crypto Companies
Many insurers have had to adjust policies in light of client firms’ association with FTX and its collapse.

Many insurers have had to adjust policies in light of client firms’ association with FTX and its collapse.
US-based crypto exchange Coinbase is revealing that it received thousands of requests from law enforcement and government agencies this year.
Crypto sector auditor Mazars found that Binance customers’ Bitcoin deposits were 101% backed as of last month.
According to Coinbase, regulatory compliance and asset security have always piqued its interest.
FTX claimed its 2021 financial results were audited by Armanino and Prager Metis.
Connect your crypto wallet to the Coinbase marketplace, and have ETH in your wallet to bid, buy and sell NFTs on Coinbase.
Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies.
Coinbase CEO Brian Armstrong said the U.S. SEC will not meet with the company, adding that 50 percent of officials in Washington are concerned about the risks of cryptocurrencies.
Coinbase added wallet support for SOL and Solana-based tokens, and said it will also support NFTs and dApps on the blockchain in the future.
Dyma Budorin thinks the crypto industry would be much safer if smart contract auditors took responsibility for the code they audited.