Binance says it doesn’t own Indian exchange WazirX, years after acquisition announcement – TechCrunch

Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago in a move that has baffled industry players, including the Indian firm. Changpeng Zhao, founder and chief executive of Binance, said in a series of tweets that…

Tips for tracking and reporting monthly startup expenses and revenue – TechCrunch

Jason Richelson Contributor Until recently, tech startups traditionally enjoyed relative freedom from financial oversight from the venture capitalists who funded them. As long as these firms could report progress in developing their products and generating some level of earnings from sales and software subscriptions, they could burn through their millions without having to endure close…