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Cybersecurity Firm Unciphered Hacks Popular Trezor T Crypto Wallet
25.5.2023
The US-based cybersecurity firm Unciphered claims to have successfully hacked into a Trezor T hardware crypto wallet by exploiting a hardware vulnerability.
The breach of the popular hardware wallet was made possible by physically taking apart the device using highly specialized tools.
The...
Elon Musk Discusses Creating AI Giant to Challenge Google, Microsoft — Suggests Twitter and Tesla Could Play a Role
25.5.2023
Tesla CEO Elon Musk says “there should be a significant third horse” in the artificial intelligence (AI) race besides Microsoft and Google. The billionaire suggested that his companies Tesla and Twitter could partner with an AI firm similar to how Microsoft collaborates with Openai. Elon Musk...
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief
25.5.2023
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The study says the slowdown is probably temporary, with...
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet
24.5.2023
Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago
Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...
Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America
23.5.2023
According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,...
Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm
22.5.2023
It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board
19.5.2023
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen
Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift
19.5.2023
Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.
The company is in early-stage talks to raise $100 million to $200 million from potential investors, Bloomberg reported Friday, citing people familiar with the matter.
The deal...
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
19.5.2023
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets
Ripple's $250 Million Acquisition of Swiss Blockchain Firm Metaco Marks Expansion into Tokenized Assets
18.5.2023
The American fintech Ripple has acquired the Switzerland-based blockchain firm Metaco for $250 million, marking its first entry into the asset tokenization field.
The acquisition was announced by Ripple on Wednesday, with the firm saying it expects the deal to help it expand its enterprise...
US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners
18.5.2023
On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners. The bitcoin mining machines will be hosted in data centers situated...
Climate Finance Firm Solid World Opens Forward Carbon Liquidity Pools With Polygon
18.5.2023
The pool will enable the purchase of mangrove-based carbon credits
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
18.5.2023
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners
Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...
Citadel Securities Suing Two Former Employees After They Left To Form a Crypto Firm
17.5.2023
Citadel Securities is suing two former employees after they left to form a cryptocurrency market-making firm.
One of the world’s largest market makers claims that Leonard Lancia and Alex Casimo started raising capital and building the trading firm Portofino Technologies, while still working...