The SEC alleged that the auditor failed to comply with auditing standards and establish connections between FTX and Alameda Research. The auditor violated rules while auditing over 200 companies between 2017 and 2020.
The Securities and Exchange Commission (SEC) has announced a settlement with audit firm Prager Metis that includes charges related to the firm's audits of FTX. The settlement resolves two actions, including SEC allegations about the firm's audits of the now-bankrupt cryptocurrency exchange and auditor independence violations, the SEC said in a Tuesday (Sept.
Accounting and consulting company Prager Metis CPAs and its California-based affiliate are now $1.95 million lighter. The SEC nailed them for two counts of misconduct during their audits of FTX.
FTX's former auditor Prager Metis reached a settlement agreement with the SEC over failures in its review of the collapsed crypto exchange.
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 exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm's practices and the risks it missed.
The U.S. SEC and Prager Metis have agreed to resolve claims of the auditor's negligence related to the defunct crypto exchange FTX. Auditor Prager Metis consented to pay $1.
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.
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
Audit firm Prager Metis agreed to settle charges with the Securities and Exchange Commission related to its investigation of FTX.
In a groundbreaking development in the world of cryptocurrency payments, Alchemy Pay (ACH) has announced another exclusive partnership with Tether and Tether Gold. The announcement was shared via Alchemy Pay's official X account, where the company expressed its excitement about the partnership.
Alchemy Pay has launched its crypto payment solutions on Telegram through The Open Network.
This partnership aligns with Alchemy Pay's broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.
Blockchain technology was borne out of self-funded innovation. Satoshi Nakamoto, whether a team or individual, most likely funded their own research and development of the Bitcoin protocol.
Binance will suspend deposits and withdrawals on the Metis (METIS) network starting August 20, 2024, to support its network upgrade and hard fork.
Paysafe has announced a strategic partnership with Alchemy Pay, a prominent fiat-crypto payment solution provider.
Burhan Alomari of Alchemy Pay discusses their innovative on-ramp and off-ramp solutions, including crypto cards that allow users to spend digital assets like traditional fiat currency. He emphasizes the importance of user-friendly interfaces and regulatory clarity in bridging the gap between traditional finance and Web3, aiming to onboard millions of new users to the crypto space.
The partnership will see Alchemy Pay add support for multiple third-party local payment methods (LPMs) as payment options for its fiat on-ramp solution.
International payments giant Mastercard has teamed up with blockchain provider Alchemy Pay to combat identity fraud and mitigate malicious activities.
Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets.
Alchemy Pay extends its fiat-crypto gateway support to Chiliz (CHZ) Chain and various Fan Tokens, enhancing fan engagement in sports and entertainment.
This integration broadens the accessibility of Fan Tokens on Chiliz, allowing global sports enthusiasts to engage more seamlessly with their favorite teams.
GOAT Network has secured 5,000 BTC in commitments from institutional node operators, with plans to open a Series A fundraising round soon.
Cryptocurrency prices have come under intense pressure in the past few weeks after Bitcoin failed to break the resistance level at $72,000. Most tokens, including the giant ones like Ethereum, Toncoin, BNB, and Cardano have all plunged in the past few weeks, bringing the total market cap of all coins to about $2.38 trillion.
Alchemy Pay will integrate with Scroll, a Layer-2 scaling solution for Ethereum.
Alchemy Pay, the crypto payment solutions provider, now enables users to purchase physical-digital blended fashion collections on the Another-1 platform, a Web3 phygital fashion platform built on Polygon, using its NFT Checkout solution.
As Bitcoin ($BTC) continues its impressive climb, many investors wonder if they're too late to join the crypto party. But amidst this uncertainty, one voice stands out: our crypto enthusiast, Cyclop. He sees this as just the beginning of a larger market cycle, with altcoins ready to take the spotlight.
Alchemy Pay, a prominent player in the fiat-crypto payment solutions arena, has recently achieved a significant milestone with the announcement of its new venture, the Web3 Digital Bank. This initiative is set to revolutionize how multi-fiat accounts are opened and operated, streamline cash flows, and enable seamless conversions between fiat and cryptocurrency for global Web3
Alchemy Pay, a renowned crypto-fiat payment provider, has revealed plans to launch a Web3 Digital Bank. Global enterprises can leverage this initiative to open and run many accounts, manage cash flows, and facilitate smooth fiat-crypto conversion. The compliant firm remains well-suited to offer regulated digital banking solutions to Web3 firms.
Analysts predict that four altcoins, including NEAR and AR, are set to reach new all-time highs by 2024.
CryptoBulle emphasizes the importance of investing in altcoins that have shown resilience and strong performance against key technical indicators. The Fibonacci retracement levels, in particular, serve as a critical tool for predicting potential price movements.
As the crypto market shows bullish trends this week, analysts are turning their focus to select altcoins poised to outperform Bitcoin in 2024. Renowned crypto analyst CryptoBulle highlights this as an optimal time to invest in certain altcoins that are at their low and are expected to reach new all-time highs (ATH) soon.
Crypto payment solutions provider Alchemy Pay announced a partnership with exchange-traded services company Victory Securities to offer access to Bitcoin and Ethereum spot ETFs in Hong Kong.
Alchemy Pay announces collaboration with Victory Services to boost HK Spot ETF access Hong Kong Spot ETFs struggle to bring in capital influx
Bitget announced a partnership with Alchemy Pay. The goal is to enable the buying of cryptocurrencies with the Indian rupee (INR).
Alchemy Pay, a global leader in payment solutions, has collaborated with Bitget, a prominent cryptocurrency exchange and Web3 company, to streamline crypto purchases for Indian users. Through Alchemy Pay's On-Ramp integration, Bitget users can now effortlessly utilize the Indian Rupee (INR) to acquire cryptocurrencies.
Metis is establishing a 20% Mining Rewards Rate (MRR) for the first year, as a way to incentivize participation in sequencer mining.
Alchemy Pay, an undeniable pioneer in the crypto payment sector, has recently designated Hong Kong as the strategic center of its expansion projects outside of China which literally means a broadening of its already huge global market.
Ethereum is advancing with the launch of the Alpha of Metis, a revolutionary step towards decentralization.
Bitcoin's recent surge to $73,000 highlights the importance of timing in crypto. The “Wolf of Altcoins” offers a plan to profit during the upcoming bull run by identifying low-profile altcoins with the potential for 100X to 200X returns.
Metis, a permissionless Ethereum Layer 2 network, experienced a remarkable price surge following its listing on Binance
Ethereum Layer-2 roll-up platform Metis is announcing key collaborations with Chainlink Labs, EigenLayer, Renzo, Ethena, and DeFi Kingdoms. These collaborations are expected to make Metis stronger and “more accessible—a self-sustaining blockchain—by enabling better user experiences and deeper liquidity.
Ethereum Layer-2 network Metis has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) technology to propel ecosystem growth, according to a Feb. 29 statement shared with CryptoSlate. The CCIP integration will give Metis access to a robust token bridge infrastructure that enhances its cross-chain capabilities.
In a groundbreaking move set to transform access to digital assets, Transit Swap, a leading cross-chain decentralized exchange (DEX) aggregator, has unveiled its latest partnership with Alchemy Pay.
Alchemy Pay (ACH) price surged on Tuesday, becoming one of the top-performing cryptocurrencies in the market. It surged by more than 15% and reached its highest point since May 23rd last year. Like most altcoins, Alchemy has more than doubled from its lowest point in 2023.
This improvement accelerates transaction fees and associated network fees. This article is all about the top 7 layer 2 coins
Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions.
Alchemy Pay launched its Crypto Card Mini app on Binance marketplace, with ACH tokens set as rewards for new users.