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Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled
15.8.2024
Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what they describe as the “first-ever federal ban” on food price increases. Despite the price...
BioWare Explains Why You Can't Control Companions In Dragon Age: The Veilguard
8.8.2024
One of the most surprising aspects of the forthcoming Dragon Age: The Veilguard was the news that we won’t be able to control other party members in the action-RPG. A feature that’s been core to the previous three mainline entries in the series, its removal has left many wondering what is up. Well...
Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls
21.5.2024
Gala Games, a prominent blockchain gaming platform, experienced a significant security breach attributed to "messed up internal control" that resulted in the unauthorized sale of 600 million GALA tokens, valued at $23 million.
The post Gala Games Hit by $23 Million Token Exploit Due...
Gala Games CEO blames $23M exploit on ‘messed up’ internal controls
21.5.2024
Gala Games CEO Eric Schiermeyer confirmed on Tuesday there was a “security incident” that resulted in the unauthorized sale of 600 million GALA tokens
Tether Takes Action: $5.2M in USDT Frozen Due to Phishing Links
14.5.2024
Tether is still keeping an eye out for illegal activity taking place on its blockchain. Tether detected and blocked USDT worth $5.2 million on May 14 as part of its efforts to impose stringent network controls and stop money laundering.
The post Tether Takes Action: $5.2M in USDT Frozen Due...
U.S. officials seek easier pathways to ban AI exports and keep tech secrets in
10.5.2024
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors
IMF backs Nigeria crypto adoption amid local SEC crackdown
10.5.2024
The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment
EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges
11.4.2024
The European Union's (EU) securities regulator warned about the high concentration of trading activity on a limited number of crypto exchanges. Notably, Binance, a single platform, controls roughly half of the entire market.
The post EU Watchdog Warns 90% of Crypto Trading Funneled Through...
Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions
20.3.2024
A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes different responsibilities for platform participants...
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
17.2.2024
In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 headline inflation rate was 8.08 percentage points higher than the January 2023 rate. Many commentators identify foreign exchange shortages as...
Solana’s Jupiter Airdrop Allegedly Leaked: A User Received Almost $1 Million Using 9,246 Wallets
6.2.2024
The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $1 million) using over 9,000 wallets for this task, with some users presuming an insider...
Tomb Raider Remaster Fixes The Worst Thing About The Original Trilogy
16.1.2024
Tomb Raider I-III Remastered will feature some spiffy quality-of-life updates, including the ability to turn on modern controls and health bars for bosses. However, the folks behind the updated collection are being careful to preserve the original games and let fans turn off most of the new tweaks...
Crypto Companies Fined $5.8 Billion In 2023, TradFi Less Than $900 Million
10.1.2024
Source: Pixabay Crypto companies received more fines for poor money controls than traditional financial firms for the first time ever in 2023, according to data compiled by the Financial Times. In fact, the penalties were hardly comparable. Whereas crypto companies lost $5.8 billion for inadequate...
Report Highlights USDT’s Role in the Underground Economy of Cambodia
20.12.2023
A recent report from the South China Morning Post (SCMP) explains the enabling role that Tether’s USDT has on the underground Chinese-linked economy of Cambodia. The stablecoin is allegedly used in different activities like sidestepping capital controls for Chinese nationals, who can use...
Binance Successfully Completes SOC 2 Type II Compliance Audit
20.12.2023
Source: DALL·E Binance has completed a comprehensive SOC 2 Type II compliance audit, aiming to further enhance cryptocurrency security. The crypto exchange Binance announced in a blog post that it had successfully undergone the System and Organization Controls (SOC) 2 Type II compliance audit. This...
Tether Freezes Tokens of Sanctioned Individuals Listed by OFAC
11.12.2023
Source: Pixabay Tether (USDT), the company behind the world’s largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Asset Controls (OFAC). In a recent announcement, the company said it aims to prevent potential misuse of its tokens and enhance...
US expands export controls for AI semiconductor chips to China
17.10.2023
The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others
Biden considers tightening AI chip controls to China via third parties
13.10.2023
The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips
House Republicans urge tighter export controls on advanced chips
7.10.2023
The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation
EU to assess export controls on AI tech and semiconductor chips
4.10.2023
The European Commission outlined four critical technology areas including AI technology and semiconductor chips which on it plans to run assessments to consider export controls