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AI Could Detect Money Laundering on Bitcoin Blockchain: Elliptic Report
2.5.2024
Elliptic report revealed that the researchers used deep learning model - AI - to successfully detect crypto money laundering crimes
The post AI Could Detect Money Laundering on Bitcoin Blockchain: Elliptic Report appeared first on Cryptonews
Dutch Blockchain Days 2024: The leading Dutch conference for Blockchain, crypto, and Web3 in Amsterdam is back at the June 19
2.5.2024
The BCNL Foundation is proud to announce the return of the Dutch Blockchain Days, the leading Dutch event dedicated to everything Blockchain, cryptocurrency, and Web3. The Dutch Blockchain Days Conference 2024 is a 3-day event highlighting the latest in Blockchain, DeFi, NFTs, digital assets...
LayerZero cross-chain interoperability protocol completes first airdrop snapshot
2.5.2024
LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world's largest perps DEX, suggesting a potential $17 billion fully diluted valuation
TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking and More
2.5.2024
Industry insiders discuss decentralized AI, DePIN, RWAs, incoming regulations, the crypto market branching off into two streams, tokenizing trade, uniting Layer 2s, resolving network congestion, and much more.
The post TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking...
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
2.5.2024
Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations
2.5.2024
Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, a staggering 1,000% increase compared to the same period last year.
The post Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations appeared...
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
2.5.2024
Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms....
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
2.5.2024
The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.
The post Jack Dorsey’s Block’s Crypto Unit Under Investigation Over...
US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards
2.5.2024
The bill aims to clarify the tax treatment of staking rewards, proposing that they should only be taxed at the time of their sale rather than upon acquisition.
The post US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards appeared first on Cryptonews
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
MicroStrategy to launch Bitcoin-based decentralized ID solution
2.5.2024
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
2.5.2024
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance...
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin
2.5.2024
Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas. Microstrategy Intends to Leverage the Bitcoin Blockchain for Identity Management According to...
Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?
2.5.2024
As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0.
The post Stacks Price Prediction as STX Token Slides Under $2 –...
Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar
2.5.2024
Coinbase is bolstering its relationship with Canada with a soon-to-launch stablecoin pegged to Canadian dollars.
The post Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar appeared first on Cryptonews
Bitvavo Partners with Figment to Offer Staking Services for Multiple Tokens to Users
1.5.2024
This partnership sees Bitvavo leveraging Figment’s institutional-grade infrastructure to power its staking services, catering to the needs of its users.
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Roger Ver Arrested for $50M Tax Fraud
1.5.2024
The United States Department of Justice announced $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’
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Ankr expands Bitcoin liquid staking tokens to AI blockchain Talus
1.5.2024
The Bitcoin LSTs can be used to power Talus blockchain's virtual AI assistants