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KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance
23.11.2023
KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools...
Chainalysis and KPMG Unveil Joint Initiative to Tackle Crypto Fraud In Canada
22.11.2023
Source: Pixabay Accounting firm KPMG’s Canadian unit is joining forces with blockchain data platform Chainalysis to assist companies in battling crypto fraud. As part of the collaboration, KPMG will join Chainalysis’ “Solution Provider” program. The program provides “rigorous monitoring, support...
The Alameda gap and crypto liquidity crisis explained
7.11.2023
The November 2022 Alameda gap exposed vulnerabilities in the crypto market, shedding light on FTX and Alameda Research’s fraud
SBF says spending FTX customers' money was part of 'risk management': Report
31.10.2023
At the time of bankruptcy, FTX faced a shortfall of $8 billion owing to its customers
SBF Testifies FTX had no Risk Management Team, Denies Defrauding Anyone: “A lot of people got hurt”
27.10.2023
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case. It comes after his “dry-run” in front of Judge Kaplan yesterday afternoon following disputes between the prosecution and defense over what the defendant could...
Five Reasons Why the World Needs a Standardized Ethereum Staking Rate
27.9.2023
An ether (ETH) staking benchmark could attract institutional investors into the Ethereum ecosystem and unlock a new wave of innovation
Curve Crisis Shows Pitfalls of Decentralized Risk Management
23.8.2023
Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk
Spot Bitcoin ETF Applications Face More Delays
11.8.2023
The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public Opinion on Spot Bitcoin ETF The SEC put out a 34-page...
US Fed steps up oversight of banks' involvement with crypto firms
9.8.2023
The limitations set out in the Federal Reserve’s new Program provides additional measures to its original policy statement laid out in January
Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes
2.8.2023
An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
B2Broker Announces NDF Asset Class Addition, Reduced Margin Requirements, and Updates to PoP Liquidity Offering Package
19.6.2023
PRESS RELEASE. B2Broker, a prominent global liquidity provider in the FX and crypto industry, proudly declares the inclusion of Non-Deliverable Forwards (NDFs) in its extensive range of liquidity offerings. This strategic expansion further strengthens the company’s commitment to furnishing...
Elliptic integrates ChatGPT to bolster crypto risk detection
4.6.2023
Crypto risk management firm Elliptic believes that ChatGPT will assist in exposing crypto risks to users that "they can't get anywhere else."
CFTC commissioner says proposal to reassess risk management could consider crypto
2.6.2023
Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management
US Regulator Sets It Sights on Crypto Risks in Potential Risk Management Rules
2.6.2023
The US Commodity Futures Trading Commission is taking a closer look at its rules governing risk management, with an eye towards digital assets.
The agency published an advanced notice of proposed rulemaking on Thursday, asking for public comment on risk management requirements for swap dealers...
Breaking the Barriers of Traditional Banking With Digital Assets
3.5.2023
Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading to bailouts and buyouts from large players....
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
29.4.2023
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC)...
Advisors: Here’s What the Dot Com Bubble Can Teach Us About Crypto Investing
20.4.2023
Investors in the crypto markets may be prone to irrational thinking when bullishness sets in, but advisors can offer a balanced and rational investment strategy that counters the hype
A Technical Analyst’s Take on Crypto
12.4.2023
TA is a graphical representation of investor behavior, with certain patterns and indicators providing a clue about what’s coming next. It has an important place in the three-legged stool of fundamental, technical and quantitative analysis
9 examples of artificial intelligence in finance
6.4.2023
Discover how artificial intelligence is transforming the financial sector with nine examples of AI in finance