The PCAOB issued a warning that these reports are not audits. Paul Munter is SEC’s principal advisor on accounting and auditing concerns. Companies in the crypto sector have come under increased scrut...
Category: Crypto
Live Crypto News Updates.
Borroe ($ROE) Emerges as AI Crypto Leader, May Surpass Chainlink (LINK) and Filecoin (FIL) in 2024
In the fast-paced world of cryptocurrencies, innovation is key to success. While established cryptocurrencies like Chainlink (LINK) and Filecoin (FIL) have carved their place in the market, the rise o...
Ripple Ruling Spurs Altcoin Market Interest; Analysts Predict Imminent Turnaround
The positive Ripple ruling last week has sparked a renewed interest in the altcoin market. A recent report by Kaiko Research reveals that Bitcoin’s dominance has decreased by 8% across the 25 largest ...
Wall Street supports senator’s push for strict crypto regulation
Senator Elizabeth Warren’s push for stricter regulations in the cryptocurrency ecosystem, particularly in the decentralized finance (defi) space, has gained support from bipartisan lawmakers. The “Di...
US Lawmakers Challenge Apple’s Crypto App Store Policies
Key Points: US lawmakers, Gus Bilirakis, and Jan Schakowsky, initiate a bipartisan inquiry into Apple’s App Store crypto policies. Concerns were raised over the potential restriction of blockchain and...
US lawmakers raise concerns over Apple’s crypto and NFT policies
Two United States lawmakers have written to Apple CEO Tim Cook, raising concern about how the company’s guidelines may restrict crypto and NFTs. Congressman Gus Bilirakis of Florida and his Illinois c...
Tech Titans Embrace Crypto and AI, Chainlink (LINK), Borroe ($ROE), and Monero (XMR) Popularity Soars
In an era of technological advancements and digital innovation, it comes as no surprise that tech titans are turning their attention to the world of cryptocurrencies and artificial intelligence (AI). ...
Wall Street Banks and Senator Warren Team Up for Crypto Regulation
In a surprising alignment of forces, Wall Street banks have found themselves agreeing with a frequent critic, Senator Elizabeth Warren, on the need to regulate the burgeoning cryptocurrency industry m...
Indian Supreme Court Expresses Discontent Over Lack of Crypto Regulations
The absence of defined rules and regulations governing cryptocurrencies in India has lately drawn the attention of the country’s Supreme Court. The court referred to the lack of such legislation...
As Litecoin (LTC) Falters, InQubeta (QUBE) Attracts Attention from Crypto Whales
Among the well-known alternatives to Bitcoin (BTC), Litecoin (LTC) once stood out as a high-value coin. Commended for its faster block generation time and lower transaction fees than Bitcoin, Litecoin...
Ritchie Torres Takes On SEC: Advocates For New Crypto Laws And Bipartisan Support
Key Points: Democratic Representative Ritchie Torres criticizes SEC’s crypto regulations, calls it a “war” on the industry. He backs FIT Act for clearer crypto asset jurisdiction. Stablecoin bill lack...
These US Politicians Criticized the SEC and Gensler for Their Crypto Approach
The United States Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler, have received a significant wave of criticism from numerous organizations and individuals (including some Ame...
Why are Crypto Prices Down? Consolidation or Major Breakout Soon!
As we move through the second week of July 2023, cryptocurrency prices continue to consolidate. Despite multiple news and events from the cryptoverse, the market seems to be largely indifferent. With ...
Tesla Deletes Bitcoin (BTC) Amid False News! This Altcoin is Set to Outperform Chainlink (LINK) in 2023
The cryptocurrency market has witnessed a bizarre turn of events in the past few weeks. For instance, there were unconfirmed reports of Tesla deleting Bitcoin from the source code of its payments page...
Japan Blockchain Association(JBA) requests for crypto tax revision to promote web3
The Japan Blockchain Association(JBA) has asked the government to change the tax system to consider cryptocurrency. JBA asserted that their analysis of the present tax structure shows that the develop...
Crypto payments on the horizon?
Following the announcement of X’s (formerly Twitter) ads revenue sharing initiative, crypto exchange Kraken proposed the possibility of accepting payments in Bitcoin (BTC). The X community responded p...
zkSync Era protocol Kannagi Finance latest crypto rugpull
Kannagi Finance has reportedly rugpulled, with users losses amounting to $2.13 million. Protocol’s social media channels have been deleted or are unaccessible. KANA token has nosedived, plunging by 99...
New Report Shows The Staggering Amount Ukraine Raised Using Crypto
According to a report by Crystal Blockchain, war-torn Ukraine has received over $225 million worth of crypto from supporters as the country continues its fight against Russia. Ukraine’s Crypto Spons...
Apple Faces Scrutiny Over Crypto and NFTs
The Pair of House Members are asking Apple to explain in detail the App Store’s policies. The lawmakers have added 21 detailed questions to Apple. In the evolving crypto market, Apple Inc., the multin...
Wallstreet Banks Back Elizabeth Warren On Crypto Clampdown: Bloomberg
A group of Wall Street lenders, the Bank Policy Institute (BPI), has thrown its support behind U.S. Senator Elizabeth Warren on her recently reintroduced legislation known as the Digital Asset Anti-Mo...
Solana Wants to Lead the Crypto Gaming Charge—Here’s How
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 ...
How To Find Trusted Crypto Casinos
SPONSORED POST* Cryptocurrency is an innovative technology that is revolutionizing many industries. Cryptocurrencies are digital currencies that use cryptography to secure payments and transfer them b...
Crypto Exchange Binance Withdraws Crypto License Application in Germany
The largest cryptocurrency exchange in the world, Binance, has withdrawn its application for a crypto license in Germany. The German Federal Financial Supervisory Authority (BaFin) advised the exchang...
Cryptocurrency Community Stung by PNDX Scam: Popular Crypto Influencer Pauly Accused of Fraud
In a shocking turn of events, the much-hyped altcoin PNDX, championed by renowned crypto influencer Pauly, has been exposed as a fraudulent scheme, leaving investors reeling from significant losses to...
CFTC Charges Tennessee Couple in $6M Crypto Scam
Table of contents Facing Ponzi Scheme, CFTC punishes couple over $4 million A Tennessee couple has been charged by the U.S. Commodity Futures Trading Commission (CFTC) over a $6 million digital asset ...
U.S. Lawmakers Take Issue With Apple’s Policies For NFTs And Crypto
Apple has been asked to disclose the App Store’s policies surrounding the treatment of crypto applications. Two members of the U.S. Congress wrote to Apple CEO Tim Cook seeking info on the App Store. ...
Crypto Users in Japan Can 2X Investments With Tax Exempts: Survey
Cryptocurrency markets are evolving with time and continue to expand across the world. Though crypto is not a legal tender in many countries and crypto regulation is one of the hot topics, taxing and ...
SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’
Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensl...
Hester Peirce Counters SEC’s Crypto Alert, Uplifting Accountants
Key Points: Hester Peirce SEC commissioner expresses concerns over non-audit work for crypto firms. Crypto firms fear lack of transparency due to SEC statement discouraging non-audit work by accountin...
US banking advocacy group supports Sen. Warren’s reintroduced crypto bill
The United States banking advocacy group, the Bank Policy Institute (BPI), has backed the legislation of vocal crypto critic Senator Elizabeth Warren, calling for digital assets to fall under its own ...
SEC Issues Warning Over Misleading Crypto ‘Audits’
The SEC warned accounting firms working as crypto “auditors” to be careful how their reports are marketed, lest they be censured or suspended. Paul Munter, the SEC’s principal advisor on account...
Bitget simplifies the calculation of crypto tax
Bitget, one of the world’s leading crypto exchanges, is excited to announce a strategic partnership with CoinTracking, one of the most comprehensive wallet trackers and tax calculation software availa...