SEC Charges Prager Metis for Securities Law Violations and Auditor Independence Breaches in Failed Cryptocurrency Exchange Case

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The SEC has recently taken significant action against Prager Metis, an accounting firm, due to its involvement with the cryptocurrency exchange FTX, which eventually faced failure. Prager Metis faces two serious allegations in… Continue reading SEC Charges Prager Metis for Securities Law Violations and Auditor Independence Breaches in Failed Cryptocurrency Exchange Case

Cyber Security Firm Discovers Lazarus Group’s New Malware Attack Strategy

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Cyber security experts at ESET have uncovered an undocumented cyberattack backdoor, ‘LightlessCan,’ employed by the Lazarus group to target a Spanish aerospace company for espionage. The new attack strategy is stealthiness-driven and can… Continue reading Cyber Security Firm Discovers Lazarus Group’s New Malware Attack Strategy

Compliance Concerns Lead Binance to Shut Down Operations in Russia, Emphasizes Global Expansion Instead

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, a popular cryptocurrency exchange, is shutting down its services in Russia. They’ve decided to sell their business to Commex because doing business in Russia doesn’t fit their rules. They want to make… Continue reading Compliance Concerns Lead Binance to Shut Down Operations in Russia, Emphasizes Global Expansion Instead

US Senator Introduces Bill Requiring Firms to Report Off-chain Transactions

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A United States senator has introduced a new bill for all crypto-facing businesses to report off-chain transactions to a government agency. This legislation protects customers from fraud and manipulation in the crypto industry.… Continue reading US Senator Introduces Bill Requiring Firms to Report Off-chain Transactions

Judge Limits Defense Strategy in Bankman-Fried’s Fraud Trial, Allows Drug Inquiry

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. As the highly anticipated trial of Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, approaches, Federal Judge Lewis Kaplan has issued a series of crucial rulings that will shape the course of… Continue reading Judge Limits Defense Strategy in Bankman-Fried’s Fraud Trial, Allows Drug Inquiry

BIS and Central Banks of France, Singapore, and Switzerland Test Cross-Border Wholesale CBSCs

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have successfully conducted a trial of cross-border trading for wholesale central bank digital currencies (CBDCs) known as Project… Continue reading BIS and Central Banks of France, Singapore, and Switzerland Test Cross-Border Wholesale CBSCs

Taiwan Releases Crypto Guidelines as It Tightens Regulation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Taiwan’s Financial Supervisory Commission (FSC) has recently issued directives to safeguard customer interests within the cryptocurrency space. A New Direction for Taiwan’s Crypto Community On Tuesday, Taiwan’s financial regulatory authority introduced an extensive… Continue reading Taiwan Releases Crypto Guidelines as It Tightens Regulation