Tag: Sharing

Binance UK office one of 2,403 companies sharing ‘utility closet’ in Suffolk

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The United Kingdom-registered address for an entity of one of the world’s largest crypto exchanges, Binance, is nothing but a tiny building in Britain’s east that is shared by thousands of other companies. On June 19, a post on the r/buttcoin subreddit showed the so-called “utility closet” Binance Ltd and thousands of other firms use as a registered office address in the U.K. — a tactic often used by other tech firms and large companies. Binance Ltd’s address points to the small town of Mildenhall in Suffolk county, England. Google…

Salesforce (CRM) Stocks Jumps 15% in Pre-Market after Sharing Impressive Q4 2023 Revenue Figures

Salesforce has doubled down on its share buyback program which it commenced last year and said it will be committing the sum of $20 billion to the initiative. The shares of the American cloud-based software company Salesforce Inc (NYSE: CRM) are leading Wall Street momentum today as it jumps 15.79% in the Pre-Market following its recently announced performance and revenue figures. The company reported $8.38 billion in revenue for the Fourth Quarter of the 2023 Fiscal year ended on January 31. This revenue is up by 14% year-over-year and it…

FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets

The FTX Debtors, made up of FTX and its affiliated debtors, and FTX Digital Markets (FTX DM), the Bahamian subsidiary of FTX, announced Jan. 6 that they have reached a cooperation agreement regarding the FTX Debtors’ Chapter 11 bankruptcy case in Delaware and the provisional liquidation of FTX DM in the Bahamas.  Under the agreement, the parties will “share information, secure and return property to their estates, coordinate litigation against third parties and explore strategic alternatives for maximizing stakeholder recoveries.” They have also set parameters for cooperation in each other’s…

Argentina Signs Automatic Tax Data Sharing Agreement With the United States – Taxes Bitcoin News

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The government of Argentina has signed a data sharing agreement with the U.S. to enhance the cooperation of the countries in the tax arena. The agreement, which was signed by Sergio Massa, minister of economy of Argentina, and U.S. ambassador Marc Stanley, will allow the Argentine national tax authority to receive information from accounts and trust beneficiaries of Argentines in the U.S. Argentina to Tighten Tax Controls With Data Sharing Agreement The government of Argentina has signed an automatic tax data sharing agreement with the U.S. that will allow the…

Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

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To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy. However, certain anomalies found during on-chain investigations suggest foul play and market manipulation. Just two days after Crypto.com made its cold storage information public, investigators found that 320,000 Ether (ETH) was sent to Gate.io on Oct. 21, 2022. However, Kris Marszalek, the CEO of Crypto.com, dismissed any wrongdoing by stating that the funds were transferred accidentally and were eventually returned…