Category: Uncategorized

FTX’s Accounting Firm Prager Metis to Pay SEC .95M to Settle Negligence Allegations
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022.

Will Ether’s Supply Crunch Lead to Higher Prices in Q4?
Ether’s price might be falling, but its liquid supply is shrinking. If demand picks up next quarter, we could see a supply crunch that pushes prices higher, says Lucas Schweiger, Digital Asset Research Manager at Sygnum Bank.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country.

Bitcoin Gains 5% to K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday’s FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out.

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
Previously, the stablecoin could only be purchased through crypto exchanges.

U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
After the U.S. Commodity Futures Trading Commission’s court defeat last week in the agency’s pursuit of Kalshi’s election contracts, the regulator’s chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity.

BlackRock's Bitcoin ETF Monday Posted First Net Inflows in 14 Days
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.

Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops 8B
The largest stablecoin’s market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.

Winklevoss Twins' Father Donates M Bitcoin to School Teaching Theory That Inspired Satoshi
His donation is the first bitcoin gift that the college has received, and will fund new business programs