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Metaverse projects failed on lack of correct business model: MetaMinds CEO
6.11.2023
As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from the lack of proper business models
MacOS Malware KandyKorn Targets Crypto Owners
3.11.2023
A new MacOS malware, known as KandyKorn and linked to the notorious Lazarus Group, has recently been identified. The malware was discovered by the Elastic Security Labs. According to an official report published by the blockchain security firm, KandyKorn relies on social engineering tactics...
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...
Individual creators will ultimately shape the metaverse: Sandbox founders
3.11.2023
As the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer
Coinbase’s Stand With Crypto Advocacy Group Raises $2M In Two Months
2.11.2023
The Coinbase-backed advocacy group Stand With Crypto has raised $2 million in a couple of months, with over 80,000 donors contributing to the initiative’s goal of influencing policymakers and being a “one stop shop” for crypto advocacy. The organization also confirmed that...
EMURGO Group collaborates with Cactus Custody
2.11.2023
EMURGO Group, an international blockchain technology firm, has forged a calculated association with Cactus Custody, Matrixport’s institutional custodian. The EMURGO Group, on the other hand, provides products and services to increase Web3’s adoption of the Cardano blockchain. EMURGO...
Swiss Bank SGKB Partners with SEBA for Crypto Custody and Trading Services
2.11.2023
Switzerland’s fifth largest cantonal bank, St.Galler Kantonalbank (SGKB), has partnered with SEBA Bank to offer custody and trading services for Bitcoin and Ethereum. SGKB announced that the service is initially available to a select group of wealth-management clients at SGKB with future...
Hashkey Group to Issue Stablecoin In Partnership With Yuanbi Technology and Zhongan Bank
2.11.2023
At the KUN & Hashkey Exchange strategic cooperation signing ceremony held earlier today, Dr. Xiao Feng, the founder of Hashkey Group, announced plans to issue a stablecoin backed by the Hong Kong dollar. Hashkey Group will partner up with Yuanbi Technology and Zhongan Bank to issue...
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...
Report: Lazarus Group Deploys New ‘Kandykorn’ Malware in Crypto Exchange Attack
2.11.2023
The state-sponsored North Korean hacker group Lazarus Group used a new type of malware called “Kandykorn” to target a cryptocurrency exchange. On October 31, Elastic Security Labs reported that the notorious Lazarus Group used a new type of malicious software (malware) called...
Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic
1.11.2023
Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware
DCG Hires Former Trump Impeachment Counsel in Defense Against NYAG Civil Lawsuit
1.11.2023
Digital Currency Group (DCG) has found itself under intense legal scrutiny after it was confronted with a civil lawsuit filed by New York Attorney General Letitia James on October 19. In an attempt to challenge the allegations, DCG has enlisted renowned litigator Barry Berke, who previously served...
HSBC and Ant Group test tokenized deposits under HKMA sandbox
1.11.2023
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners
Mox Capital Pours $410 Million into Exploring the Future of Digital Assets – Crypto Funding Making a Comeback?
1.11.2023
Alternative investments think-tank Mox Capital says it’s seeking out ideas to fund and help them “get off the ground quicker.” Therefore, according to the press release, the group has committed $410 million in order to, as it said, “further explore digital assets.”...
AI chatbots are illegally ripping off copyrighted news, says media group
1.11.2023
AI developers are taking revenue, data and users away from news publications by building competing products, the News Media Alliance claims
Today in Crypto: Sony and MeetKai Reveal Metaverse Gaming Experience for Horror Film, ‘We Are in Early Stages of Bull Market’ Say Analysts
31.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Gaming news Sony Pictures and Spyglass Media Group partnered with AI and metaverse company MeetKai to create a virtual...
Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
31.10.2023
A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say
Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial
27.10.2023
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
27.10.2023
Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims
FTX’s Cold Wallets Relocate $19 Million to Various Exchanges – What’s Going On?
27.10.2023
The group overseeing the cold wallets tied to bankrupt crypto exchange FTX has sent over $19 million worth of crypto to various exchanges, according to blockchain data. On-chain analytics firm Peckshield reported that around 470,000 SOL tokens, with a value of around $15.5 million, were moved...