New York fines Paxos $48.5M over Binance-linked compliance lapses
The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the stablecoin issuer, according to an Aug. 7 announcement....
Fake Ethereum trading bots on YouTube help scammers steal over $900K
Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users.
According to the report, the attackers use malicious Ethereu...
Private Equity, Alternatives Expected to Be Allowed in 401(k)s Soon
As was previously reported, President Donald Trump is expected to issue an Executive Order allowing savers to include private equity and other alternative assets in 401(k) retirement accounts. It is n...