Auto Added by WPeMatico

SEC Charges Defi Platform Rari Capital and Founders

The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement…

Continue ReadingSEC Charges Defi Platform Rari Capital and Founders

World Banking Giants Join Project Agora to Reengineer Cross Border Payments

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective…

Continue ReadingWorld Banking Giants Join Project Agora to Reengineer Cross Border Payments

Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences

Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility…

Continue ReadingBinance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences

SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these…

Continue ReadingSEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt

President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for…

Continue ReadingBukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt

SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto…

Continue ReadingSEC Fines Prager Metis $1.95M Over Negligent FTX Audits

Trump’s World Liberty Financial Crypto Venture Reveals WLFI Token Structure

Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token,…

Continue ReadingTrump’s World Liberty Financial Crypto Venture Reveals WLFI Token Structure