Stake hack of $41M was performed by North Korean group: FBI
After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers...
Month: September 2023
CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking
The U.S. Consumer Financial Protection Bureau has focused the role of Apple and Google in mobile payments with a critical...
Tencent unveils ChatGPT rival in China amid continuing US AI chip ban
Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use...
Meta’s assault on privacy should serve as a warning against AI
Facebook was the worst thing to happen to user privacy over the last two decades. Artificial intelligence could be the...
UK financial watchdog could give crypto firms until January 2024 for marketing compliance
Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing...
Former FTX exec plans to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following...
Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list
Binance CEO Changpeng Zhao sought to dismiss concerns around executive departures, claiming they are moving into bigger roles outside Binance,...
IMF, FSB release joint policy recommendations for crypto assets at request of G20
The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi) and was requested by the...
Aave, Circle, Base become founding members of Tokenized Asset Coalition
It’s a big day for asset tokenization as many of the biggest names in the field announced the formation of...
Former FTX exec is planning to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following...
EU finance chief: Don’t rush digital euro before new Commission in June 2024
Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission. The European...
AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s
According to an analysis from Moody's Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries, and...
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
Metagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its...
9 crypto leaders share advice for proof-of-humanity solution builders
Respect for users’ personal privacy must be top of mind when developing proof-of-humanity identity solutions. Trust is in shorter supply...
Binance to reimburse users $1M for Cyber Earn incident
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue. Crypto exchange...
