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.

The crypto market has had a bullish week on average. Like many altcoins, Artificial Intelligence (AI) coins were not left out of the rally.

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.

GOAT Network has secured 5,000 BTC in commitments from institutional node operators, with plans to open a Series A fundraising round soon.

The cryptocurrency market started the month of July on a positive note after recording a strong bearish price sentiment over the past month. Moreover, the market leader, BTC price, has surged 4.38% over the past day with a 24-hour high of $63,700 and a trading volume of $21.47 Billion.

Decentralized Physical Infrastructure Networks (DePin) are crowd-sourced networks in which individuals contribute physical infrastructure resources required in various fields. The providers of these infrastructural services are incentivized via the network's native tokens through a reward-based system.

These three undiscovered cryptos could be short-term moneymakers waiting for their moment to shine on social media.

Alchemy Pay partners with Metis to provide seamless fiat-crypto on and off-ramp support for developers

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.

Metis is establishing a 20% Mining Rewards Rate (MRR) for the first year, as a way to incentivize participation in sequencer mining.

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.

The market is buzzing with immense energy as the altcoins reverse the trend polarity to maximize their bullish. This wave of enthusiasm is catapulting altcoins to new heights, particularly as we edge closer to the Bitcoin strides above $50,000, marking a significant uptick in altcoins that have delivered more than 100% astronomical returns.

This improvement accelerates transaction fees and associated network fees. This article is all about the top 7 layer 2 coins

Considering you do not live under a rock, the stars are aligning for the crypto bulls in 2024, from the fourth Bitcoin halving coming this year to the Bitcoin ETFs getting approval. The potential altcoin season seems just around the corner. Amidst the upcoming altcoin season, the most significant altcoins are sure to perform.

Following the dramatic events after the SEC approved all the Bitcoin ETFs, the markets are finally on a bullish trajectory. Becoming a sell-the-news event due to the Grayscale's humongous outflows, Bitcoin finally turned the tables and surpassed the market cap of Silver ETFs.

One of these cryptocurrencies in particular is attracting the attention of the general public.

In a noteworthy development, Metis token, associated with MetisDAO and led by Natalia Ameline, mother of Ethereum founder Vitalik Buterin, has experienced a significant 36% surge in the past 24 hours, reaching the $39 per token mark during the ongoing Ethereum rally.

Top crypto exchange Binance is set to delist 25 Binance USD trading pairs. Binance Margin, a service on Binance that gives traders access to margin trading of crypto assets, will be delisting 25 BUSD pairs.

Three wallets have shifted their positions from $PEPE to $PNDC, indicating a change in investor sentiment or strategic positioning. The move follows a significant shift in market sentiment, with Pepe Coin experiencing a sharp decline since its Binance listing in May 2023.

With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run.

Top US-based crypto exchange platform Coinbase is expanding its suite of digital assets by adding custody support for over a dozen of Ethereum (ETH)-based altcoins. Coinbase says it's adding 14 new cryptocurrencies to the growing roster of virtual currencies in its Coinbase Custody cold storage trust.

A privacy-focused scaling solution altcoin is scaling up after joining Coinbase's roster of crypto assets. In an announcement, Coinbase says Marlin (POND) is now live across its entire platform, including on the iOS and Android apps. News of the Coinbase listing has Marlin surging by 31% to $0.013. POND was trading for as low as […] The post Crypto Exchange Giant Coinbase Adds Three Ethereum (ETH) Altcoins Plus One DeFi Token, Spurring Surprise Rallies appeared first on The Daily Hodl.

One altcoin focused on privacy and scaling solutions is surging after being added to top US crypto exchange Coinbase's roster of assets. In an announcement, Coinbase says Marlin (POND) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. Marlin is a high-performance “layer-zero” blockchain network that's geared toward […] The post Coinbase Triggers Explosive Rally for Ethereum-Based Altcoin As Exchange Announces Support for New Crypto Assets appeared first on The Daily Hodl.