Chinese police to crack down on crypto and deepfake AI

The move comes as several prominent Chinese blockchain executives have been arrested this year.

Chinese police to crack down on crypto and deepfake AI

After a surge in personal identity thefts and digital financial crimes, Chinese police are more closely scrutinizing the Web3 sector. During a press conference hosted by Chin...

1 year ago

Circle preps $1B war chest to deal with market threats from PayPal and others

Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down.

Circle preps $1B war chest to deal with market threats from PayPal and others

Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries,...

1 year ago

Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition

The exchange follows the likes of Binance, KuCoin and OKX in running self-custody wallets parallel to CeFi operations.

Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition

Cross-chain wallet BitKeep has changed its name to Bitget Wallet after the crypto exchange p...

1 year ago

Robinhood beats investors’ appeal in GameStop meme stock case

The appeals court judge said Robinhood had the right to impose restrictions on meme trade purchases.

Robinhood beats investors’ appeal in GameStop meme stock case

A United States federal appeals court has upheld a decision to dismiss an investor class-action lawsuit against online brokerage firm Robinhood Markets over its 

1 year ago

XRP briefly hits $50 on Gemini as users suspect relisting 'price glitch'

XRP has been wildly fluctuating on the Gemini crypto exchange after its relisting.

XRP briefly hits $50 on Gemini as users suspect relisting 'price glitch'

Crypto users have reported seeing “wonky” prices for Ripple’s XRP  token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits ...

1 year ago

Nvidia drops new AI chip expected to cut development costs

Nvidia, the current market leader for semiconductor chips, revealed its latest chip designed to run large-scale AI systems.

Nvidia drops new AI chip expected to cut development costs

Nvidia, one of the world’s leading developers of semiconductor chips, revealed its latest chip on Aug. 7, designed to power high-level artificial intelligence (AI) systems. ...

1 year ago

Aave’s Earning Farm protocol targeted by reentrancy attack — PeckShield

According to the blockchain security firm, Aave’s Earning Farm was compromised by a reentrancy attack on Aug. 9.

Aave’s Earning Farm protocol targeted by reentrancy attack — PeckShield

Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave’s Earning Farm has been compromise...

1 year ago

Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production.

Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity. Th...

1 year ago

Fireblocks discloses massive vulnerability affecting crypto wallets

Fireblocks said the vulnerabilities affecting Coinbase, Binance and Zengo have since been fixed and has reached out to more than 12 others still at risk.

Fireblocks discloses massive vulnerability affecting crypto wallets

Over 15 widely-used crypto wallet providers and projects have gaping vulnerabilities that could potentially see millions of crypto wallets drained, according to digital asset infrastructure firm...

1 year ago

Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

APT pumped 17.6% within the first 50 minutes before cooling off to $7.51 — still 11.6% above pre-announcement levels.

Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

Aptos, the cryptocurrency powering layer-1 blockchain Aptos Network, is up approximately 11.6% since announcing it will leverage Microsoft’s suite of artificial intelligence tools to advan...

1 year ago

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