Hester Pierce, a United States Securities and Exchange Commission commissioner, argued that full transparency should not come at the cost of compromising good-f… Source: https://cointelegraph.com/app/public/index.php/news/hester-pierce-sec-crypto-warning-accountants
Representatives Gus Bilirakis, from Florida and of the Republican Party, and Jan Schakowsky, representing Illinois and affiliated with the Democratic Party, both serving in the United States Congress joined forces and took the initiative to address their concerns directly to Apple CEO Tim Cook. on the California-based company’s App Store guidelines and its effect on emerging technologies like blockchain and…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) With the non-profit stablecoin rating agency Bluechip off to the races, so too are concerns around how legit its rankings are. After all, how has BUSD, a stablecoin that the New York State Department of Financial Services (NYDFS) recently halted, earned the top ranking, while USDT, the market’s largest stablecoin by market cap, is at the…
United States banking advocacy group, Bank Policy Institute, has backed Senator Elizabeth Warrens’ legislation aimed at tackling money-laundering in crypto, which she first introduced several months ago. According to a July 28 Bloomberg report, The Bank Policy Institute has shown its support for Warren’s legislation demanding more transparency in digital asset transactions in an effort to tackle money-laundering and terrorism…
Bitcoin (BTC) returned to exchanges en masse on July 27 in a sign that “major volatility” could come next. According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs. Trader warns of BTC price volatility “spike” BTC price action continues to linger below $30,000, and traders have consistently warned that further downside could come…
The response from the United States Securities and Exchange Commission (SEC) and crypto exchange Binance has been submitted regarding the entity “Eeon,” which has sought to intervene on behalf of customers in the case. Both the SEC and Binance are against Eeon’s petition to intervene, citing that it does not meet the necessary legal requirements for intervention and consent. According…
Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog’s warning to accounting firms regarding non-audit work for crypto clients and the need to make a loud disassociate from them if problems come to light. In a July 28 tweet, Pierce questioned the recent statement made by the SEC’s chief accountant, Paul Munter,…
Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. According to an accompanying announcement from Worldcoin, Nethermind found 26 security issues with the protocol, of which 24 were “identified as fixed” during the verification…
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on C… Source: https://cointelegraph.com/wp-content/plugins/revslider/includes/external/page/index.php/news/sam-bankman-fried-legal-team-turns-over-docs-related-nyt-story-requests-sealed
This story comes from GG. Your Web3 Gaming Power-Up Discover GG While naysayers continue to call NFTs and the associated blockchain games a cash grab, the Solana Foundation intends to flip the script and change the narrative, making a public push last week with its PlayGG event in San Diego. “The reception and the excitement from both the attendees and…
