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Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process

4.8.2023
On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’...

Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany

28.7.2023
Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds. Police launched an investigation into the firm, codenamed Operation Halving, earlier...

US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million

30.6.2023
According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated markets or registering with the CFTC. The injunction also...

Swiss Central Bank to Launch Wholesale CBDC Soon Says Chairman Thomas Jordan

28.6.2023
The Swiss National Bank (SNB) said it plans to issue a wholesale central bank digital currency as a pilot via SIX Digital Exchange, a subsidiary of SIX, an operator of infrastructure for the Swiss and Spanish financial centers. SNB chairman Thomas Jordan said while the Central Bank has not ruled...

TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins

20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...

Cboe Receives CFTC Approval to Launch Leveraged Crypto Derivatives

7.6.2023
Crypto exchange and clearinghouse Cboe Digital will be able to offer margined bitcoin and ether futures contracts with the approval of the U.S. derivatives markets regulator. This will allow its clients to trade cryptocurrency futures with less collateralized capital upfront. Cboe Wins Regulatory...

Uh-Oh: USAF’s Killer AI Drone Sounds Straight Out Of Horizon Zero Dawn

2.6.2023
Something unexpected happened in a simulated test of an AI-powered military drone. The robot, tasked with taking out specific targets on approval of a human operator, decided to just take out the human so it could take out all the targets that the human might say no to. And somehow, this wild story...

Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America

23.5.2023
According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,...

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