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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

According to the security firm CVE Program, the “Cryptocurrency Widgets – Price Ticker & Coins List plugin” WordPress widget carries a critical vulnerability from versions 2.0 through 2.6.5.

This WordPress crypto widget plugin can leak sensitive information

The Cyber Security Agency of Singapore (CSA) highlighted that a cryptocurrency widget plugin for the web development platform WordPress contains a vulnerability that can be used to extract ...

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

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

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

A Seoul court sentenced the pair to a combined eight years in jail and said a “significant amount” of Bitsonic user funds is still missing.

Crypto exchange Bitsonic executives jailed for $7.5M theft: Report

The CEO of crypto exchange Bitsonic has reportedly been sentenced to seven years in prison, while the firm’s technology chief was sentenced to one year in jail for stealing 10 billion Sout...

7 months ago

U.S. Congress members have challenged Treasury Secretary Janet Yellen‘s call for stronger crypto regulation, pointing out the Howey Test’s shortcomings in consumer protection in a recent letter.

US Congress challenges Yellen on crypto regulation, seeks clarity on Howey Test’s role

A new letter published by US members of Congress asks for clarity on the role of the country’s top regulatory in adopting crypto specific legislation. The letter was ba...

7 months ago

MetaMask Integrates with Robinhood for Direct Crypto Access

MetaMask Partners with Robinhood to Simplify Crypto Transactions

MetaMask has collaborated with Robinhood to enable direct crypto purchases for users, according to a press release shared with Cryptonews on Feb.7. MetaMask’s...

7 months ago

Thailand Suspends 7% VAT Requirement

Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading

In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The d...

7 months ago