Although the likes of Lazarus Group have stolen billions of dollars worth of crypto, the public ledger technology makes it difficult for them to launder funds, as they can be tracked and frozen. The United States Federal Bureau of Investigation (FBI) has flagged six Bitcoin (BTC) wallets linked to North Korean state-backed hacking group Lazarus. The...Continue Reading

Plaintiffs in a new class-action suit against the hacked crypto wallet Atomic Wallet say the firm didn’t share any information about the hack with clients and didn’t report it to the police. A group of disgruntled cryptocurrency investors have launched a class action against Atomic Wallet, which suffered a major breach and $100 million in...Continue Reading

The company said the fine-tuning facility, the training data used for fine-tuning, undergoes scrutiny via their moderation API and the GPT-4 powered moderation system. OpenAI has introduced the option of fine-tuning for GPT-3.5 Turbo, enabling artificial intelligence (AI) developers to enhance performance on specific tasks using dedicated data. However, developers have expressed criticism as well...Continue Reading

A Bitcoin vanity address is your signature on the blockchain canvas — a custom touch in the realm of digital finance. Have you ever wondered whether a Bitcoin (BTC) address — or a string of 26–35 alphanumeric characters — can happen to have human-readable words instead of random letters? You’ve probably heard of the Lightning...Continue Reading

The Alliance of Motion Picture and Television Producers released a memo of its offer to striking writers and actors, with proposed guidelines for AI usage and data transparency. The Alliance of Motion Picture and Television Producers (AMPTP) released details of its proposal for striking actors and writers on Aug.22, which included standards for the entertainment...Continue Reading

The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various jurisdictions, banking giant Citi found. Discussions around shortening local financial settlement cycles within the next five years have most securities firms eyeing central bank digital currencies (CBDCs).  CitiBank’s latest edition of the Securities Services Evolution whitepaper highlighted India’s recent move...Continue Reading

BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see. Bitcoin (BTC) network fundamentals are in no mood to follow bearish BTC price action this week. The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind....Continue Reading

Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different. The financial media often points out Bitcoin’s (BTC) correlation to big tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse-relationship with the United...Continue Reading

Lawyers representing the former FTX CEO say he’s being served a “flesh diet” in prison even though he’s vegan, and has been subsisting on bread, water and peanut butter. FTX founder Sam Bankman-Fried has seemingly been doing it tough behind bars, eating only bread with peanut butter to accommodate his vegan diet, while exhausting his...Continue Reading

After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay. Two months after becoming a crypto-only platform, Binance.US has announced a new partnership with crypto payments firm MoonPay to allow users to buy the U.S. Dollar-pegged stablecoin Tether (USDT) to useon its platform.  In...Continue Reading