Trust will become crypto’s real currency in the AI economy
AI deepfakes make trust crypto’s scarcest asset. Proof-of-humanity can become the currency powering finance, governance and markets in the imitation economy. Go to Source
DIGIT
Report: Tether Hires KPMG for First Full Financial Audit of USDT Reserves
Tether, the issuer of the world’s largest stablecoin USDT, has engaged KPMG to conduct its first-ever full independent financial statement audit, a step the company has delayed for nearly a decade. Tether Reported to Hire KPMG for First Full USDT Audit The Financial Times reported on Friday that KPMG is the firm selected to perform … Read more
Australia Fines Binance $6.9 Million Over Client Misclassification
An Australian court has fined Binance’s local derivatives unit $6.9 million for misclassifying retail investors. The case highlights growing regulatory pressure on crypto exchanges over investor protection. Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious … Read more
Vietnam arrests ONUS-linked suspects in alleged crypto fraud case
Vietnam detained ONUS-linked suspects in an alleged token fraud case as police described price manipulation, false promotions and centralized market control. Go to Source
Australia fines local Binance unit $6.9M over client onboarding failures
An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. Go to Source
Enlivex Announces $21M Debt Financing and Prediction Markets Treasury Expansion
Enlivex secures $21 million in debt financing while expanding its decentralized prediction markets treasury and authorizing a $20 million share repurchase. Enlivex Ltd. announced the completion of a $21 million debt financing (DF) agreement with The Lind Partners in Nes-Ziona, Israel. The transaction, which closed on March 23, includes notes convertible into ordinary shares at … Read more
Tether hires KPMG for first full USDT audit, FT reports
Tether has reportedly hired KPMG for its first full independent audit of USDT’s reserves and brought in PwC to help, as the stablecoin giant eyes a multibillion-dollar equity raise. Go to Source
Bitcoin ETFs log biggest outflows in 3 weeks as Iran war fears rise
US Bitcoin ETFs saw significant outflows of $171 million on Thursday as market participants feared another weekend escalation in the US-Israel conflict with Iran. Go to Source
Circle and Sasai Partner to Expand USDC Stablecoin Payments Across Africa
Circle Internet Group, Inc. and Sasai Fintech have announced a strategic collaboration to accelerate the adoption of USDC and strengthen digital financial infrastructure across the African continent. Circle and Sasai Fintech, a business of Cassava Technologies, launched an initiative to integrate internet-native stablecoin payments into the regional economy. The partnership focuses on reducing costs and … Read more
Whales, sharks buy 61,000 BTC in a month amid global uncertainty
Not all whales have been accumulating; two moved tens of millions of dollars to exchanges on March 19 as Bitcoin fell amid an escalation of the Iran conflict. Go to Source