Prager Metis to pay $745K to settle SEC charges over FTX audit misconduct
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
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BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. 286 Total views 6 Total shares The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin.Working
Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM
Bitcoin (BTC) is knocking at the doors of the key $50,000 level and most traders are still optimistic even after the digital asset rallied 70% from the July 20 low at $29,278 to an intraday high at $49,757.04 on Aug. 21.Monitoring resource Material Indicators pointed to a lot of puts at the $50,000 strike price…
Harvard Economist: Bitcoin’s Future Value More Likely to Be $100 Than $100K
The former chief economist of the International Monetary Fund (IMF) has characterized Bitcoin (BTC) as “a lottery ticket,” in an article for major United Kingdom daily broadsheet The Guardian Dec. 10.Writing in the midst of the recent crypto market price collapse, current Harvard University Professor of Economics and Public Policy Kenneth Rogoff suggested that the…
Ledger owners lose 1.1 million XRP to scam site
After a major leak of email and personal information earlier this year, Ledger customers are experiencing a surge in phishing attempts. 3309 Total views 26 Total shares Phishing attempts and scams against Ledger wallet owners are on the increase with one such scam netting more than 1,150,000 XRP from its victims. The scam used a…
Interpol Teams Up With Kaspersky to Declare ‘Anti-Ransomware Day’
Both parties agreed to increase awareness of the ongoing threat of ransomware attacks across the globe. 2199 Total views 35 Total shares International crime-fighting organization, Interpol, joined forces with cybersecurity firm, Kaspersky, to launch a campaign called “Anti-Ransomware Day”. The date is set on the third anniversary of the most significant ransomware attack on record,…
US senator revamps efforts for crypto regulations amid SEC lawsuits
The regulatory framework will allow individuals and companies to own and trade digital assets in the United States. 679 Total views 28 Total shares United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in motion, with the rapid evolution and increasing adoption of cryptocurrencies adding to…
Podcast Host Lists Himself on Balancer: ‘EVAN’ Increases 500% in 2 Hours
Personal tokens are growing in popularity with the host of ‘Week in Ethereum’ listing EVAN tokens on Balancer”. 965 Total views 8 Total shares The host of the ‘Week in Ethereum’ Podcast and former Director of ConseSys, Evan Van Ness is the latest person to tokenize himself on the blockchain — a growing trend in…
Air France pilots blockchain-based COVID-19 travel system
Air France is set to trial a blockchain-based system for verifying COVID-19 test results for its passengers. 2203 Total views 16 Total shares With travel and tourism being one of the hardest-hit industries by the coronavirus pandemic-induced lockdowns, several stakeholders are increasingly prioritizing digital and contactless solutions.In this vein, Air France has partnered with MedAire,…