The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has vowed to bring justice to people who fell victim to the JPEX crypto exchange fraud, local media...Continue Reading
Coinbase CEO Brian Armstrong has been actively pursuing the exchange’s expansion ambitions in the United Kingdom amid mounting legal issues in the United States. Brian Armstrong, CEO of major United States-based cryptocurrency exchange Coinbase, has condemned the decision of JPMorgan’s subsidiary Chase UK to restrict crypto-related transactions. Armstrong took to X (formerly Twitter) on Sept....Continue Reading
Curve Finance founder Michael Egorov still has debt of $42.7 million across four protocols including Silo, Fraxlend, Inverse and Cream. Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the lending platform Aave, reducing his debt position to $42.7 million across other DeFi protocols. According to the on-chain...Continue Reading
The CIA says it is creating its own Chat-GPT AI tool for its agencies to conduct open-source investigations through analyzing public information. According to a Bloomberg report, the CIA plans to equip its analysts with the new AI tool to better access open-source intelligence. This includes sifting through public information for leads in investigations. Agency...Continue Reading
The local subsidiary of the world’s largest crypto exchange has suggested that customers convert all their fiat currency on the exchange to crypto. After losing its euro banking partner, Paysafe, Binance France has proposed that its customers immediately convert all the fiat money they hold on the exchange into crypto, according to comments from an...Continue Reading
The Writer’s Guild strike has come to an end after five months of picketing, with a tentative deal approved for new conditions that include negotiations over AI usage. The Writer’s Guild of America (WGA) strike is set to officially end as leaders approved a tentative deal with entertainment studios in Hollywood, part of which includes...Continue Reading
Mixin Network suffered a breach in its third-party cloud server database resulting in the theft of nearly $200 million worth of digital assets. Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23, has offered a $20-million bug bounty for the return of the remaining...Continue Reading
The financial details of the deal remain undisclosed. However, as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies said. Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly launched crypto exchange business known as...Continue Reading
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase. The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid down by the...Continue Reading
SEC Chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. Financial Services Committee. The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies...Continue Reading
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