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The $15 AI-generated fake IDs are reportedly being used to fool crypto exchange identity checks, potentially giving crypto hackers and scammers a new edge.

AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15

A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in pas...

7 months ago

The new entity is aimed at opening the doors for the Middle East’s institutional investors to crypto, staking and AI.

Deus X, Bridgetower debuts $250M digital asset venture in Middle East

Private equity firms Deus X Capital and Bridgetower Capital are set to launch a new $250 million crypto infrastructure platform, bringing crypto staking, investing and other digital asset servic...

7 months ago

Microsoft revealed a partnership with Indian startup Sarvam AI to build on its Azure AI models and deploy a voice-based large language model targeting Indic languages and context.

Microsoft Azure lays foundation for India-focused voice-based generative AI apps

Big Tech developer Microsoft is extending its reach in Asia with its artificial intelligence (AI) products through a new partnership with the Indian startup Sarvam AI. According ...

7 months ago

A group of disgruntled Voyager investors has sued North America’s top basketball league, alleging it is implicit and liable for their losses on the failed platform.

NBA sued over marketing links with failed crypto lender Voyager Digital

The National Basketball Association (NBA) is facing a proposed class-action lawsuit over its marketing deals with now-collapsed crypto lender Voyager Digital, which the platform’s users cl...

7 months ago

The platform Bakkt said that if it fails to raise money through debt financing or equity dilution, it will not have enough funds to continue operations.

Crypto custodian Bakkt discloses to the SEC it is facing liquidity issues

In disclosing risks to the U.S. Securities and Exchange Commission (SEC), platform Bakkt questioned whether it could ensure its financial stability next year. Current reserves, includi...

7 months ago

The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”

Bakkt, once touted as Bitcoin’s ‘savior,’ is running low on cash

Crypto company Bakkt, which launched in 2019 and is backed by the Intercontinental Exchange (ICE), has just warned it may not have enough cash to stay in business over the next 12 months. ...

7 months ago

Friendzone Joins the Fray Following Friend.Tech’s Journey

SocialFi Project Friendzone to Debut on Polygon Blockchain

Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said ...

7 months ago

Bridgetower ME Launches to Boost Digital Asset Sector in UAE

Bridgetower Capital and Deus X Capital Launch $250 Million Digital Asset Platform in UAE

Bridgetower Middle East, established by Bridgetower Capital and Deus X Capital, launched a digital asset platform in Abu Dhabi to cater to institutional investors in the UAE ...

7 months ago

CleanSpark expects its operating hash rate to double in time for Bitcoin’s halving once it spins up the mining rigs from four recently purchased facilities.

Bitcoin miner CleanSpark set to double hash rate as halving approaches

CleanSpark is set to double its hash rate in the first half of 2024 after the Bitcoin miner agreed to purchase four new mining facilities before the cryptocurrency mining reward is halved.

7 months ago

Penned by veteran finance experts, the book about assetization aims to bring awareness to a dormant $78 trillion market.

Assetization becomes key topic at Davos 2024: Here’s what it means

The tokenization of real-world assets (RWAs) has become a hot topic in digital finance in 2023. Establishing an investable market out of illiquid assets through the use of blockchain t...

7 months ago