In a recent survey from the Certified Financial Planner Board, 31% of investors said they would be fine to follow AI financial advice without verifying the information. Around one in three United States investors would be open to following AI-generated financial advice without verifying it with another source, according to a recent survey. On Aug....Continue Reading
“I was gobsmacked” — Nolan Bushnell said his conversation with Yat Siu on Web3 games changed his brain. Nolan Bushnell, the founder of Atari and inventor of Pong — one of the first commercially successful video games — has shared optimism for the future of Web3 games, particularly as it comes to bringing ownership to...Continue Reading
According to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one containing a nasty surprise. The developers behind file compression software WinRAR have patched a zero-day vulnerability that allowed hackers to install malware onto unsuspecting victims’ computers, enabling them to hack into their crypto and stock trading...Continue Reading
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks. The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its users were using the service for resource-intensive purposes like mining crypto. In an Aug. 24...Continue Reading
The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny. The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restrictions against crypto exchange payments. The exchange has partnered with PayPal to...Continue Reading
The DEA, the country’s lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI. The United States Drug Enforcement Administration (DEA) — the agency tasked with enforcing the country’s drug laws — lost $55,000 in seized Tether (USDT) earlier this year at the hands...Continue Reading
SingularityNET CEO Ben Goertzel says that AI and blockchain have the potential to solve problems that traditional mechanisms have “consistently, miserably failed.” Artificial intelligence firm SingularityNET and blockchain firm VeChain have become the latest firms to marry blockchain with artificial intelligence — this time, with the aim of cutting down carbon emissions. Over the last...Continue Reading
The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning. The price of the frog-themed memecoin Pepe (PEPE) has plunged nearly 15% after recent changes to a multisig wallet and new token transfers ignited fears of a “rug pull” by its developers. The allegations —...Continue Reading
Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned. Our weekly roundup of news from East Asia curates the industrys most important developments. HashKey Hong Kong to commence retail trading Crypto exchange HashKey, the first licensed virtual asset provider in Hong...Continue Reading
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications. Investment firms ARK Invest and 21Shares have teamed up to apply for two Ethereum futures exchange-traded funds after reports emerged last week that the United States securities regulator could soon begin approving applications. The two proposed...Continue Reading
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