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Weak competition in AI race could hurt consumers: UK watchdog

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The UK’s Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust.

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Coin Market

Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct

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The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards. 

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SC Ventures invests in One Trading for EU crypto perpetual futures

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Standard Chartered’s venture capital arm gets a toehold in Europe with its investment in the EU’s only MiFID II-compliant crypto platform. 

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Why stocks may send Bitcoin price back to $50K before October 

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Bitcoin and SPX share a high correlation index as the U.S. stock approaches a new all-time high a day before the Fed cuts interest rates.

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