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FINRA Warns Member Firms of Metaverse Adoption Challenges


The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse...

Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture


Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use...

Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected


Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only limited information was accessed. The company said it is taking steps to address...

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