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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Betterment LLC has accepted the $9 million penalty U.S. Securities and Exchange Commission issued for misstatements, poor record-keeping, and disclosure practices. Betterment LLC is a cash management and robo-advising establishment holding over $34 billion in assets in management
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Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however tax experts have cast doubt on the figures and methodology. The Divly report published on April 5 came up with the estimate after
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Alchemy’s new raise of $10 million was single-handedly funded by market maker DWF Labs. Singapore-based payments provider Alchemy Pay has taken its expansion efforts a bit further. Alchemy Pay raised $10 million in investment funding to reach a valuation of $400 million, according to a press release. Alchemy Pay Keen on Expanding
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The creators of artificial intelligence (AI) fuelled applications should pay for the news and content being used to improve their products, according to the CEO of News Corp Australia.In an April 2 editorial in The Australian, Michael Miller called for “creators of original journalism and content” to avoid the past
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The company, which provides a way for crypto companies to access the fiat payment system, aims to capitalize on South Korea's "high level of crypto acceptance" and assist local firms in achieving greater internationalization, according to a statement shared with CryptoX. It has previously worked with the likes of Visa,
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The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdrawal requests.It comes nearly five months after the global trading platform collapsed and went bankrupt in early November.The new website domain name — https://ftxeurope.eu/ — was reportedly approved by the Cyprus Securities and
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The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting the majority of Americans think crypto is a key innovation for the future.In a March 30 Tweet, Warren suggested she was fighting to put “government on
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According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading
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Upon approval, the Pay Later option will appear when they select Apple Pay to checkout online or in apps on their iPhones or iPads. Tech giant Apple (NASDAQ: AAPL) has announced its Pay Later service, enabling users to split their purchases into four payments. The company introduced the service in the
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During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened
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