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SEC Charges FTX Auditor Prager Metis Over Independence Violations

SEC Charges FTX Auditor Prager Metis Over Independence Violations

The SEC has charged Prager Metis with violations of auditor independence laws, drawing attention due to its previous engagement with cryptocurrency exchange FTX, which filed for bankruptcy in 2022. The legal action emphasizes the crucial role of auditor independence in ensuring financial transparency and investor protection.

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Wirecard announced that it is missing $2.1 billion after auditors Ernst & Young raised questions.

Vitalik Buterin: Time will Tell Whether the Hive Blockchain will Surpass Steem

Vitalik Buterin: Time will Tell Whether the Hive Blockchain will Surpass Steem

Justin Sun’s entry into Steemit is not going down well with the community. They have created a hard fork of the blockchain and named it Hive. Vitalik Buterin, Ethereum Founder, tweeted that Hive stands a test of time in demonstrating whether self-independence will be achieved.

Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF

Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF

On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as the marketing agent and Cohen & Co…. Read More

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.

Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition

Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition

Carylyne Chan, the interim CEO at leading crypto data provider CoinMarketCap is the latest executive to quit following her public announcement on August 31. The mass exodus from the company has been alarming because she follows the footsteps of four other top executives who have left the company just four months after it was purchased by Binance.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. This integration will make users connected to the Gemini mobile app where they can buy, sell and trade cryptocurrencies.

Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum

Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum

Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.

Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch

Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch

Facebook-backed Libra Association has rebranded its name to the Diem Association ahead of the proposed launch of its dollar-backed stablecoin.

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.

Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

At this year’s Asian Financial Forum, held in Hong Kong, former Federal Reserve Chair Janet Yellen was invited to speak at a Luncheon with moderator Norman Chan, the Senior Advisor at the Hong Kong Academy of Finance.

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