The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.
The broader crypto market remains bearish as top assets, including Bitcoin, Ethereum, and XRP, print consecutive losing candles. The cryptocurrency scene has been plagued by a series of black swan events since May, making several market watchers believe this represents the worst market year. The bearish climate remains prevalent, exacerbated by the recent FTX collapse
Australian shares open 0.2pc lower; Newcrest CEO Sandeep Biswas retires; Perenti upgrades guidance; APA appoints Adam Watson to CEO; Sezzle profitable in November. Follow updates here.