U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
The Public Company Accounting Oversight Board (PCAOB), which is authorized and overseen by the U.S. Securities and Exchange Commission (SEC) and funded by audited public companies, acknowledged the potential problem with crypto auditing to the lawmakers, including Sen. Ron Wyden (D-Ore.), chair of the Senate Finance Committee.
Related Posts


The Race Is On to Replace Ethereum’s Most Centralized Layer
feature “If we don’t stop relying on Infura, the vision of ethereum failed.” That’s how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum’s most popular – and controversial – technologies on Twitter in October. Infura handles around 13 billion code request per day and provides a way for developers to…

‘Liquid Vesting’ Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
Even in anything-goes crypto trading, there are conventions designed to protect the little guy. One of those is the vesting period – a window of time following a digital-token sale or airdrop where early investors, such as founders, project contributors and venture-capital backers, are locked up from dumping their allocations.Projects typically do this so that

Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto
news Venezuela and Russia are in talks to use the ruble in mutual trade settlements, thereby abandoning the commonly-used US dollar in country-to-country transactions. Further, the two countries are considering using El Petro, Venezuela’s oil-pegged cryptocurrency, as another medium of exchange. Venezuela‘s UN representative, Jorge Valero, told Russian house organ Russia Today about the upcoming…

Huobi Global to Expel Singapore Users, Citing Local Regulations
Crypto exchange Huobi Global will close the accounts of all Singapore-based users by March 31, 2022, to comply with local regulations, the exchange said in a statement on Tuesday.Huobi claims to be expanding its overseas presence to make up for expelling Chinese users, which represent half of its total user base and 30% of its…

Startup Aleo Wants to Help You Use the Internet Without Sacrificing Data Privacy
Sep 24, 2020 at 19:50 UTCUpdated Sep 24, 2020 at 19:52 UTCStartup Aleo Wants to Help You Use the Internet Without Sacrificing Data PrivacyPrivacy tech company Aleo has launched a data privacy-oriented blockchain and developer kit to make writing zero-knowledge proofs in web applications easy and scalable.The startup is releasing its first round of software…

Ether ICO Whale Moves 5K ETH to Exchanges, Bringing Monthly Total to $154M
The wallet has deposited a total of 48,500 ETH to OKX in the past 35 days. Depositing to an exchange could mean the holder is preparing to sell tokens. The wallet continues to hold 15,600 ETH in a GnosisSafe wallet. A whale who received 1 million ether (ETH) tokens from participating in the network’s initial

Bitcoin, BNB Drop on Unverified Rumor Binance’s CEO Faces Interpol Red Notice
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.Tracy is a deputy managing editor at CoinDesk. She owns BTC, ETH, MINA, ENS, USDC, and some NFTs. Join the most important conversation in…

Market Wrap: The ‘Elon Effect’ Blasts Bitcoin to $44.8K While Ether Moons
Bitcoin and ether had record-breaking days while trending more together. Feb 8, 2021 at 9:29 p.m. UTCUpdated Feb 8, 2021 at 9:42 p.m. UTCMarket Wrap: The ‘Elon Effect’ Blasts Bitcoin to $44.8K While Ether MoonsBitcoin’s price is getting closer to Mars thanks to Elon Musk while ether moons to a new record. Investors are pulling…