As the world's second-largest issuer of stablecoins, how did Circle become the biggest beneficiary of AI payments?

The essence of investing is to find price mismatches in a future that has already arrived but is not yet evenly distributed.

The U.S. Securities and Exchange Commission will drop its lawsuit against Justin Sun after one of his companies agreed to pay a $10 million fine. The case accused Sun and his firms of illegal token sales and wash trading linked to TRON (TRX).

A Coinbase shareholder has filed a derivative lawsuit against several of the exchange’s top executives and board members, accusing them of failing to properly oversee compliance and disclosure practices

The global financial landscape is currently undergoing a systemic shift from human-centric digital commerce to a self-service, agent-based commerce model. This shift represents the most significant reshaping of the transaction lifecycle since the advent of internet-native payment gateways.

According to the proposed final ruling filed in the New York federal court, the SEC will drop the remaining charges against Justin Sun, the Tron Foundation, and the BitTorrent Foundation on the condition that Rainberry, a company associated with the Tron blockchain, pays a $10 million civil penalty.

Anthropic founder Dario believes that programming will disappear first, software engineering later, but ultimately AI will largely take over. Young people should learn about human-centered work, physical world work, and cultivate critical thinking.

Behind Kraken Financial's approval to open a master account with the Federal Reserve lies the collective fear of traditional banks, the Federal Reserve's perilous tightrope walk, the life-or-death battle between the two stablecoin giants, and the frenzy of trillions of Wall Street capital.

As the Iranian geopolitical crisis reshapes global risk appetite, Bitcoin's price movements and fund flow data are telling a story that investors can no longer ignore.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse Morning 8," issue 2987, providing you with the latest and fastest news on the digital currency and blockchain industry.

Stablecoin issuer Tether has announced the successful completion of the System Organization Control (SOC) 2 Type 1 audit. According to Tether, this step is integral to reinforcing its commitment to providing a secure and transparent environment for its users, highlighting its role as a frontrunner in the industry. The SOC 2 Type 1 audit, recognized […] source: https://www.cryptoglobe.com/latest/2024/04/tether-achieves-important-security-milestone/

Tether Ltd (the company that manufactures Tether, the world’s most popular stablecoin, denominated in USDT), has been able to report a very positive event in its history: after passing the SOC 2 audit, it is now certified. This audit which AICPA with a better understanding of information technology has developed represents the ultimate in compliance […] source: https://www.cryptopolitan.com/tethers-virtual-comprehensive-audit/

Tether announces a major security update, reaffirming its compliance with the SOC 2 Type 1 standards. source: https://dailycoin.com/tether-reaffirms-security-compliance-with-soc-2-type-1-audit/?utm_source=cryptopanic&utm_medium=rss

스테이블코인 USDT 발행사 테더가 SOC(Service and Organization Controls)2 유형 1(SOC2 Type I) 감사를 통과했다고 밝혔다. SOC 2 유형 1 인증은 미국 CPA 협회 기준의 보안지침으로 엄격한 보안 및 데이터 보호법을 준수하는 기술과 서비스를 제공을 검증하는 인증이다.

According to official news, Tether announced the completion of the SOC 2 Type 1 audit, which is reported to be a major security update for the stablecoin issuer. The SOC 2 Type 1 audit inspection is a security compliance standard set by the American Institute of Certified Public Accountants (AICPA). SOC 2 Type 1 reporting is based on security, availability, processing integrity and confidentiality, ensuring that Tether has strong IT controls in place to ensure that its systems are secure, can be accessed when needed and keep information private.

Hong Kong cryptocurrency custodian Hex Trust has announced it has received Deloitte SOC 1 Type II certification on the X platform. It was reported earlier today that Hex Trust plans to conduct a new round of financing this year, but it has not yet been determined whether it will occur in the first or second half of this year as investors remain cautious.

Binance's new CEO Richard Teng released "A Letter from the CEO: The First 100 Days of Leading Binance", in which he stated that since he took office, ensuring and maintaining Binance's user-centered principles throughout its business has been his top priority. , as of now, Binance has more than 178 million registered users and recorded a net inflow of more than $3 billion between the end of November and the end of February, surpassing other competitors. On the institutional side, Binance has successfully initiated and executed the crypto industry’s first bank tripartite arrangement, in which institutional investors’ trading collateral is held on a fiat basis by a third-party banking partner. Over the past three months, Binance has made significant progress in licensing and licensing negotiations, and the completion of a comprehensive and independent SOC 2 Type II compliance audit confirmed that Binance’s global platform is operating effectively in terms of system protection and data security. and control measures implemented.

Binance CEO recently shared a letter reflecting the first 100 days of leadership at the world’s largest digital asset ecosystem, Binance. The CEO highlighted the tremendous advancements, regulatory compliance, product innovation, and a continuous focus on customer service as key milestones achieved during this period. Stating the difference between politics and the dynamic world of crypto, the CEO revealed that Binance continues to uphold its user-focused principles across the business and sees user trust as the driving force behind the platform's growth, which now hosts more than 178 million registered users. Binance also recorded a strong financial performance. Based on data from DefiLlama, Binance experienced net inflows of over $3 billion between November and February, outperforming its competitors over the same period. The CEO spotlighted various successful projects over the past 100 days, including new features for Binance Web3 Wallet, improvements to Binance’s copy trading functionalities, and successful execution of the first-of-its-kind banking tri-party arrangement in the crypto industry. Compliance remained a core focus, with significant progress in dialogue with global regulators. The CEO pointed out achievements on this front like the launch of Gulf Binance, a platform in Thailand, and the completion of an SOC 2 Type II compliance audit. There was also an increased focus on fighting crypto crimes and enhancing the existing security of the crypto ecosystem. Reiterating the focus on user needs, the CEO shared plans to thrive in this dynamic industry for the next 100 weeks, 100 months, and 100 years by relentlessly improving user experiences and trusting in the strength and dedication of the Binance team.

Covalent Network (CQT) has now completed and passed a rigorous Service Organization Control (SOC) 2 Type II compliance audit. SOC 2 Type II certification goes beyond basic security compliance requirements and requires companies to demonstrate effective controls over time. This ensures a comprehensive commitment to industry-leading standards across every interaction, data point and transaction, aiming to provide the largest collection of data availability in the Web3 space for DeFi and AI. The Covalent Network (CQT) network plays a key role in cryptographically securing structured data sets from more than 215 blockchains and powering 240 million Web3 wallets. This structured dataset is critical to artificial intelligence and machine learning, ensuring data availability for training large language models. As Covalent Network (CQT) continues to support many companies in digital asset accounting, tax and other fields, and passes SOC 2 Type II certification, it will further establish its leading position as a Web3 compliant data provider.