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Tag: fines

2022 Will Bring The End Of Bitcoin’s Genesis Stage

The year is unfolding fast and while it appears that the price may lull, bitcoin will finally take the spotlight on the cryptocurrency stage.

Reduce Risk With Better Cyber Due Diligence

Done incorrectly, due diligence can result in slower integration of assets, which increases acquisition costs associated and could reduce expected gains.

Is Crypto Lending Safe? 4 Key Rules to Follow

Crypto lending has been popularized following the massive adoption of cryptocurrencies over the past few years. As a result, crypto lending platforms such as CoinRabbit have sprung up to offer several crypto loans to crypto investors. The entire concept of crypto lending allows both veterans and beginners to access financial services within the cryptocurrency world. This […]

The post Is Crypto Lending Safe? 4 Key Rules to Follow first appeared on CoinRabbit.

What hyperautomation means for the future of lending

The banking industry is currently in the midst of a transformative migration heavily weighted towards digitization. To make this enormous shift possible, financial institutions are increasingly turning to hyperautomation. According to a KPMG report, 59% of executives say that the pandemic has accelerated their organizations’ interest in driving digital transformation. Many people have traditional views […]

Here Are 9 Key Pains Points Up-And-Coming Fintechs Should Look Out For

In a fintech startup’s race to scale up, they will face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risks as well as complying with

The post Here Are 9 Key Pains Points Up-And-Coming Fintechs Should Look Out For appeared first on Fintech Singapore.

This Week in Coins: Bitcoin Falls Amid Russian Invasion as LUNA Leaps Almost 50%

Even as armed conflict dominated headlines, crypto's push toward mainstream acceptance continued.

BitMEX has now lost all US profits after founders plead guilty, lawyer says

BitMEX founders Arthur Hayes and Benjamin Delo have admitted breaking anti-money-laundering laws and agreed to pay $10 million each in fines.

The post BitMEX has now lost all US profits after founders plead guilty, lawyer says appeared first on Protos.

BitMEX founders pay $20 million in fines after pleading guilty to violating Bank Secrecy Act.

The U.S. Attorney’s Office for the Southern District of New York announced that Arthur Hayes and Benjamin Delo, co-founders of the BitMEX cryptocurrency exchange, pled guilty to violating the Bank Secrecy Act (BSA) by “willfully failing to establish, implement, and maintain an anti-money laundering (AML) program at BitMEX.” The co-founders of the exchange admitted to using their […]

‘Billionaire’ crypto founder bankrupt 4 months after cigar-laced promo vid

Guo Wengui, the 'billionaire' founder of the Himalaya Coin crypto and business partner of Steve Bannon, has declared personal bankruptcy.

The post ‘Billionaire’ crypto founder bankrupt 4 months after cigar-laced promo vid appeared first on Protos.

Multi-Channel Distribution: 10 Tips to Drive Efficiency

As the line between web and traditional retail store fulfillment blurs, brands need to assess their fulfillment capabilities and those of their 3PL multi-channel distribution partners.

Consumers prefer to be channel agnostic. They want to complete a purchase and receive/return the product to and from any channel they choose. And they want the brands they buy from to align their businesses to make that happen.

Are brands there yet? Let’s say they’re evolving.

Bitcoin’s Freedom Convoy Threat Vector

Well-intentioned actions need to be planned meticulously when concerning the security of Bitcoin at the scrutiny of the State.

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