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TRM Labs Taps Swyftx to Tackle Crypto Scams in Australia
28.11.2023
Source: AdobeStock / Bits and Splits TRM Labs has announced a partnership with Australian digital asset exchange Swyftx to reward virtual asset users who take steps to protect their accounts against fraudulent actors in the country. In a recent press release, the blockchain analytics firm announced...
Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally
22.11.2023
Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will now be able...
Atomic Wallet Parent Company Seeks Dismissal of $100 Million Lawsuit, Citing Jurisdictional Challenge
20.11.2023
Source: Pixabay The parent company of Atomic Wallet, a popular cryptocurrency wallet, has filed a motion in a United States court seeking the dismissal of a class action lawsuit. The lawsuit, which seeks damages totaling $100 million, alleges that the company failed to adequately protect user...
US Presidential Candidate Vows to Protect Bitcoin From Government Interference
19.11.2023
U.S. presidential candidate Vivek Ramaswamy says the government is “threatened by the existence of Bitcoin,” emphasizing that if the cryptocurrency becomes more popular, it would create “a threat to the incumbent status of the U.S. Federal Reserve itself.” He promised...
Gemini looks into ways to protect users against financial crime
15.11.2023
Gemini is continuously engaged in the process of identifying potential threats to the protection of user interests. With regard to protecting users against financial misdeeds within the cryptocurrency ecosystem, greater clarity is necessary, according to the group. They are currently concentrating...
Robert Kiyosaki: Fiat Money Isn’t Safe, Investors Must Protect Themselves From Central Bankers
15.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to invest in gold, silver, and bitcoin. Is Fiat Money...
Ripple CEO Brad Garlinghouse Criticizes SEC for Losing Focus on Investor Protection
13.11.2023
Ripple CEO Brad Garlinghouse. Source: a video screenshot, Ripple / YouTube Brad Garlinghouse, CEO of the US-based blockchain payments firm Ripple, has expressed strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of deviating from its core mission to protect...
Senator Introduces ‘Keep Your Coins Act’ to Protect Right to Use Self-Hosted Wallets
10.11.2023
The Keep Your Coins Act has been introduced in the Senate to allow individuals to maintain custody of their cryptocurrencies in self-hosted wallets. The bill also seeks to prohibit federal agencies from “proposing a rule that would impair a person’s ability to act as a self-custodian...
Magic Eden and Yuga Labs Unveil Ethereum NFT Marketplace to Protect Creator Royalties
6.11.2023
Yuga Labs has announced a collaboration with Magic Eden to introduce the Magic Eden Ethereum Marketplace, scheduled for release before the end of the year. In a press release on Saturday, the two companies announced that the Magic Eden Marketplace would become the first major Ethereum marketplace...
Biden Administration Issues Landmark AI Executive Order
31.10.2023
United States president Joe Biden has issued an executive order to establish new rules and standards that artificial intelligence (AI) companies will have to follow to secure the leadership of America in the field. The executive order also ostensibly seeks to protect the privacy of citizens...
UK Government Rolls Out Final Proposals for Stablecoin Regulation
30.10.2023
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating...
Bitcoin fraud: Is the SEC doing enough to protect investors?
27.10.2023
The crypto community is not in splits when it says that the US Securities and Exchange Commission should do more to protect the industry amid the rise in crypto frauds. Gary Gensler, the Chairman of the SEC (Securities and Exchange Commission), however, has cited that crypto ventures don’t want...
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
24.10.2023
Mexican billionaire Ricardo Salinas sees bitcoin as a way to protect against inflation tax because the cryptocurrency cannot be debased. “People’s savings are being taken from them without their permission, without their knowledge,” he stressed, adding that “everybody...
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products
23.10.2023
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail...
Universal Music Group enters partnership to protect artists' rights against AI violations
18.10.2023
The new partnership between Universal Music Group and BandLab Technologies focuses on ethical AI usage to protect artist and songwriter rights
Sega Exec Shuji Utsumi: ‘Blockchain Gaming Is Still an Unknown World for Us’
17.10.2023
In a recent interview, Sega co-COO Shuji Utsumi talked about the company’s stance on blockchain games. For Utsumi, this new gaming field is still uncertain, and Sega is prepared to protect its franchises and learn about how these new games are being made via its partnership with Double Jump...
Google to protect users in AI copyright accusations
13.10.2023
Google explicitly stated that only seven products fall under this legal protection excluding Google's Bard search tool
Shielding Your Digital Realm: How to Protect Yourself and Crypto From SIM Swap Attacks
6.10.2023
In 2023, several SIM swap attacks have targeted cryptocurrency advocates and high-profile industry members, including Ethereum co-founder Vitalik Buterin. Below is a comprehensive guide aimed at educating our readers on mitigating SIM swap attacks and safeguarding against hacks. Understanding...
Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers
28.9.2023
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin
Brazil Debates Bill To Protect Debtors’ Digital Assets
20.9.2023
Brazilian lawmakers make moves to include cryptocurrencies in the list of debtors-protected assets on behalf of creditors following their recognition as tradable property.
In recent months, Brazil has embarked on a major change to reduce the seizures of debtors' assets which is meant to settle...