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AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report
30.5.2024
A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The...
NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report
30.5.2024
The US Treasury findings highlighted several potential risks and security concerns and challenges involved in NFTs.
The post NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report appeared first on Cryptonews
US Treasury report outlines potential financial risks of NFTs
29.5.2024
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation
Ethereum ETFs to be Web3 growth ‘call option’ — Crypto analyst
29.5.2024
Ether has a “much larger addressable market” than Bitcoin as it could be considered a bet on the entire Web3 industry, claims a crypto analyst
Altcoin Interest Driving South Korean Crypto Craze – Report
28.5.2024
Altcoin interest may be the driving factor as South Korean interest in alternative cryptoassets continues to rise, a new report has claimed.
The post Altcoin Interest Driving South Korean Crypto Craze – Report appeared first on Cryptonews
EUBOF Advises EU On Blockchain And AI Integration
27.5.2024
In a report published on May 24, the European Blockchain Observatory and Forum (EUBOF), a project of the European Commission, urged the EU to get ready for the fusion of blockchain technology with artificial intelligence (AI).
The post EUBOF Advises EU On Blockchain And AI Integration appeared...
Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report
27.5.2024
The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits
EU Commission urged to prepare for blockchain and AI integration
27.5.2024
Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF
Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy
26.5.2024
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading platform. Sullivan & Cromwell Cleared...
ETH, SHIB, & USDT Among Most Common Altcoins Held By Mollars Presale Investors
25.5.2024
The team behind the Mollars token presale & project have just released an interesting report via their official X profile. It had already been reported that the “MOLLARS” brand is seeing search volumes from crypto traders that are rivaling Bonk Inu (BONK) and Pepe (PEPE) tokens.
The post...
Report: New 'Medieval-Inspired' Doom Game Will Be Announced Next Month
24.5.2024
According to a new report, it seems like the next big Doom game from Id Software and Bethesda will be announced soon. But it sounds like this next entry in the popular FPS franchise won’t be a traditional sequel, but instead, possibly a prequel showing the origins of the series’ main character,...
FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
24.5.2024
Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...
UAE agriculture authority prohibits crypto mining on farms: Report
24.5.2024
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722
This Might Be The Worst Thing Stephen Colbert's Ever Done
23.5.2024
I feel like I need to start with an apology. I’m so sorry. You were just minding your own business, scrolling the internet, and living your life blissfully unaware that late-night TV host Stephen Colbert recently premiered a Skibidi Toilet sketch featuring President Joe Biden’s head on CBS. And...
Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy?
23.5.2024
Despite Nvidia's impressive Q1 earnings report, the price of AI-related cryptocurrency tokens fell briefly, contrary to Crypto trader's expectations.
The post Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy? appeared first on Cryptonews
US authorities will transfer SBF to California prison: Report
22.5.2024
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023
SEC fines NYSE parent company $10M for failing to report cyberattack
22.5.2024
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange
Coffeezilla calls out AI firm Rabbit over alleged NFT scam
22.5.2024
Coffeezilla said that the artificial intelligence product Rabbit R1 was overhyped, similar to the Gama NFT project, which he believes to be a “scam.”
Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
22.5.2024
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats
SEC contacted exchanges to update spot Ether ETF applications: Report
21.5.2024
Officials reportedly contacted the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange to make updates and changes to existing spot Ether ETF applications