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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Altcoins and stocks move higher after Bitcoin price rally to $40,000
Bitcoin’s move above $40,000 and the strong double-digit rallies of multiple altcoins prove bulls are running the show. 1107 Total views 7 Total shares The price of Bitcoin (BTC) hit a new all-time high above $40,000 on Jan. 7 after the price increased by more than $5,000 in less than 24-hours.BTC/USDT 4-hour chart. Source: TradingView.comThe…

TD Ameritrade Doesn’t Deny Potential Inclusion of XRP Into Service
Major United States brokerage TD Ameritrade doesn’t deny the potential inclusion of cryptocurrencies like XRP to its platform.One of the early adopters of the original Bitcoin (BTC) futures trading platform, TD Ameritrade apparently remains positive about more potential initiatives in crypto.TD Ameritrade hints at more crypto services based on client feedbackIn a Dec. 29 tweet,…

China doles out millions in digital yuan in bid to boost adoption: Report
Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season. Own this piece of history Collect this article as an NFTMillions of dollars worth of China’s Central Bank Digital Currency (CBDC) has been handed out across the country over the Lunar New Year period in…

Bitcoin hashrate recovers after big freeze shuts down miners
Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation's electricity grid — leading to a temporary drop in hashrate.In the days leading up to Christmas, bone-chilling temperatures swept across the United States, leading to millions without power and claiming at least…

Ghana to explore offline transactions for upcoming CBDC
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection. 447 Total views 12 Total shares Ghana is working to develop offline capabilities for its forthcoming central bank digital currency (CBDC) in a bid to promote its use across all segments of Ghanan society.According to…

Bitcoin’s last security challenge: Simplicity
It’s been just 13 years since Bitcoin’s (BTC) “Mayflower moment,” when a tiny handful of intrepid travelers chose to turn their back on the Fiat Empire and strike out to a new land of financial self-sovereignty. But, whereas it took 150 years for the American colonists to grow sufficient in number to throw off the…

OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023
Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards. 117 Total views 2 Total shares While some areas of the crypto space focus on privacy and anonymity, others focus on raising the standards within the space and on bringing in traditional players

Brazil passes law to legalize crypto as a payment method
The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted. 1223 Total views 5 Total shares While Brazil has not made Bitcoin (BTC) legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments…