Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct

Bitcoin’s annualized returns have eclipsed all other asset classes by a big margin. 3407 Total views 80 Total shares Over the past ten years, Bitcoin has beaten out all over asset classes by at least a factor of 10.The milestone was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who compiled the performances…

Google DeepMind’s CEO says developers are building on technology from its 2016 AlphaGo model to outfit Gemini to be “more capable” than current large language models. The CEO of Google’s artificial intelligence (AI) subsidiary DeepMind said the company’s forthcoming AI system would be “more capable” than OpenAI’s ChatGPT.According to a report from Wired, Demis Hassabis,…

Bitcoin (BTC) skeptic and gold bug Peter Schiff is unwittingly advertising the cryptocurrency’s virtues over other investments, says the CEO of exchange Binance.In a tweet on Jan. 25, Changpeng Zhao (known as “CZ” in crypto circles) argued Schiff was failing in sewing distrust of Bitcoin among social media followers and beyond.CZ: We need more “negative…

Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities. 278 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange ByBit is the latest major platform to roll out an in-house cryptocurrency lending service for users.The Dubai-based…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by developments in some of the OG DeFi protocols, with Uniswap Foundation announcing plans to raise $62 million in new funding

Cisco Systems says a new botnet mines Monero and steals data from the victims. 1511 Total views 3 Total shares The threat intelligence team at Cisco Systems discovered a new cryptojacking botnet named “Prometei.” This botnet both mines Monero (XMR) and steals data from the targeted system.According to the paper sent to Cointelegraph, the botnet…

Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive sectors of growth. According to Cointelegraph Research, inflows in the blockchain venture capital market have declined by 43% month-on-month in July 2022.The…

A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt