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Nalezeno "AI Industry": 4433

SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker


A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose – and may be based on outdated, centralized models. The Travel Rule is part of a set...

Hackers Drain $2 Million in DAI From Defi Protocol Akropolis


Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...

Kucoin Recovers 84% of Funds Stolen in $280 Million Hack


Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...

Gold Price Expected to Rally Despite Concerns About Lockdown 2.0


Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve...

Blockchain Fest 2021: A Global Hub for Crypto Industry


Global crypto forum takes over European financial and IT capital When—May 2021 Where—Limassol, Cyprus (Parklane Hotel by Marriott Bonvoy) Blockchain Fest will take place in May 2021, in Limassol and has chosen Cyprus, European financial and IT center as its hub to bring experts from all over...

This is How Institutional Players Help Bitcoin Mining Industry Grow


BitRiver's crypto mining farm. Institutional players are entering the cryptoasset mining industry, prompting the creation of enterprise-grade solutions, but also offering new solutions for existing challenges, according to Igor Runets, founder and CEO of BitRiver, a Russia-based mining services...

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