Analysis: Binance’s filings in 14 jurisdictions show its operations are mostly opaque, do not disclose where Binance.com is based, offer little data, and more (Reuters)

Reuters:
Analysis: Binance’s filings in 14 jurisdictions show its operations are mostly opaque, do not disclose where Binance.com is based, offer little data, and more  —  The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.

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The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress” (Chelsey Cox/CNBC)

Chelsey Cox / CNBC:
The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  – The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress” (Chelsey Cox/CNBC)

Chelsey Cox / CNBC:
The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  – The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos’ Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput (Tim Hakki/Decrypt)

Tim Hakki / Decrypt:
CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos’ Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput  —  The price of Aptos has crashed more than 40% a day after launch as investors remain wary of the network’s widely-panned mainnet rollout.

In a message to staff, FTX CEO Sam Bankman-Fried says withdrawals on FTX.com are “effectively paused” after FTX saw $6B in net withdrawals in 72 hours (Angus Berwick/Reuters)

Angus Berwick / Reuters:
In a message to staff, FTX CEO Sam Bankman-Fried says withdrawals on FTX.com are “effectively paused” after FTX saw $6B in net withdrawals in 72 hours  —  Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message …

In a Twitter Spaces chat, CEO Changpeng Zhao says Binance has seen a “slight increase in withdrawals” but otherwise “it’s still business as usual” (Ryan Browne/CNBC)

Ryan Browne / CNBC:
In a Twitter Spaces chat, CEO Changpeng Zhao says Binance has seen a “slight increase in withdrawals” but otherwise “it’s still business as usual”  —  – Binance has seen a “slight increase in withdrawals,” said CEO Changpeng Zhao Monday, but he added this was in line …