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New Report Exposes How North Korean Hackers Use Cloud Computing to Launder Crypto Loot – Should You Be Worried?
29.3.2023
North Korean hackers are renting cloud-based mining services to launder their stolen crypto funds amid the recent clampdown on crypto mixing services.
According to a report by Google-owned cybersecurity firm Mandiant, Pyongyang-based hacking group APT43, also known as Kimuski, buys cloud mining...
Consider DLT Use When Judging Money Laundering Risks, EBA Advises Supervisors
29.3.2023
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff
Ticketmaster Launches NFT-Gated Ticketing Service for Avenged Sevenfold Shows
28.3.2023
Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club”...
Nvidia CTO Claims Cryptocurrencies are Useless: AI Chatbots a Better Use of Processing Power
27.3.2023
It is not unusual for tech giants to have strong opinions on emerging technologies, and Nvidia CTo Michael Kagan is no exception.
In a recent interview with The Guardian, Kagan dismissed cryptocurrencies as providing no real value to society, suggesting AI chatbots like ChatGPT are a better use...
When Should You Use Crypto Trading Bots?
27.3.2023
Crypto trading bots are handy and efficient automated devices that help crypto dealers buy and sell cryptocurrencies in the nick of time. These automated programs typically perform by using Artificial Intelligence. The beauty of this crypto trading software is that it contributes very much...
Crypto Lender Kokomo's Developers Use Wrapped Bitcoin for $4M ‘Exit Scam’
27.3.2023
All social media presence was deleted and Kokomo tokens fell 95%
Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens
23.3.2023
Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves...
German Government Invests $1.2 Million in Metaverse Startup Flying Sheep Studios
23.3.2023
The German government has allocated $1.2 million in funding for a metaverse game being developed by Flying Sheep Studios. The company, based in Cologne, will use the funds for the development of a game called Star Life, which will also include blockchain elements in the form of non-fungible tokens...
Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
22.3.2023
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies...
Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
22.3.2023
The number of eNaira wallets has jumped more than 12-fold to 13 million since October
S. Korean Gaming Giant Nexon to Use Polygon for Popular MapleStory Universe
22.3.2023
MapleStory Universe will launch a private Supernet on Polygon for the new game
Florida Governor Ron DeSantis Introduces First-in-the-Nation Bill to Prohibit Use of CBDC – Regulation Incoming?
21.3.2023
Central bank digital currencies (CBDCs) will not be coming to Florida any time soon, if Governor Ron DeSantis gets his way.
In a press release, Governor DeSantis said his intention with the bill is to “protect Floridians from the Biden administration’s weaponization of the financial sector through...
Introducing Binance Oracle VRF: The Next Generation of Verifiable Randomness
21.3.2023
Main Takeaways Binance Oracle VRF is a Verifiable Random Function (VRF) solution that enables blockchain developers to generate random numbers. Binance Oracle VRF can be used for an extensive selection of use cases, including GameFi projects and other blockchain products built with smart contracts....
FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money
21.3.2023
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. “The Biden administration’s efforts to inject a centralized bank digital currency is about surveillance and control,”...
‘Self-Custody Should Mean the Ownership of Everything About You’ Says Sharering’s Tim Bos
19.3.2023
According to Sharering, a blockchain-based platform enabling the creation and use of “self-sovereign” verifiable credentials, millions of potential world wide web users are still disconnected from the internet because they lack required or verifiable identities, among other things....
No One’s Getting Laid In Starfield, Apparently
17.3.2023
Starfield, Bethesda Game Studios’ Skyrim-but-in-space RPG, finally has a firm September 6 release date. A June 11 presentation will give us a closer look at the game that has over 1,000 planets, but something you might not have expected to learn before then is just how sexless Starfield will be....
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
15.3.2023
Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash
Study Shows QR and Digital Payments Continue Gaining Ground in Argentina
14.3.2023
A recent study made by Fiserv, a global payments company, shows that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preference has stagnated, the use of cash for payments has decreased, with only 14% of the polled choosing to use it over other...
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’
14.3.2023
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The bill, masquerading as a Universal Commercial Code (UCC) guidelines update, also paves the way for central bank digital currencies (CBDCs). Emphasizing that this bill...
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games
13.3.2023
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals are introducing victims to this kind of game and then use malware to extract the funds from...