Bitcoin Miner Stocks Plunge Post-Halving Profit Fears

The faith of investors in Bitcoin‘s mining industry is wavering due to the cryptocurrency’s reward reduction, causing a decline in Bitcoin mining companies’ shares in the U.S. and abroad. Nevertheless, Mitchell Askew, an analyst from Blockware Solutions, asserts that these concerns are largely unwarranted, stating, “Investors will come to understand that their fears were overblown.” … Read more

Circle Completes SOC 2 Type 2 Audit for Data Security

Circle, a prominent fintech company, has passed a rigorous SOC 2 Type 2 audit, demonstrating their robust security practices and unwavering dedication to safeguarding clients’ information. We successfully passed a SOC 2 Type 2 audit conducted by @AICPA, achieving a significant accomplishment in meeting compliance requirements. — Circle (@circle) April 16, 2024 An AICPA-approved audit … Read more

Binance.US Appoints Ex-NY Fed Chief to Board Director

Martin Grant, who previously held the position of chief compliance and ethics officer at the Federal Reserve Bank of New York, has been named to the board of directors at Binance.US, according to a recent announcement from the company. It’s a pleasure to announce the addition of Martin C. Grant to our board. With his … Read more

a16z Raises $7.2 Billion for Tech Investments in Gaming & AI

Andreesen Horowitz, a prominent venture capital firm, recently announced the accomplishment of raising an impressive $7.2 billion for investing in technology companies spanning industries such as gaming and artificial intelligence (AI). We’ve successfully established a $1.25 billion infrastructure fund. Our passion extends to various sectors including compute, network, storage, databases, data science, general artificial intelligence, … Read more

NCLA Sues SEC Over Consolidated Audit Trail Rules

The New Civil Liberties Alliance (NCLA) has initiated a legal challenge against the Securities and Exchange Commission (SEC) concerning the implementation methods of the Consolidated Audit Trail (CAT). This lawsuit ensues as NCLA believes that the SEC has breached SEC Tech Orders and overstepped its legal bounds. The CAT (Consolidated Audit Trail), described as the … Read more