Binance security boss warns of rise in verification-spoofing AI deepfakes
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FTX CEO Suggests Restart Plans for the Exchange in New Compensation Report
Plans to restart the bankrupt cryptocurrency exchange FTX have been confirmed in a new staffing and compensation report filed with the United States Bankruptcy Court for the District of Delaware on Monday. The document shows that acting CEO John J. Ray III spent hours engaging in several activities to devise a revival plan for the…
First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All
Good morning. Here’s what’s happening:Prices: Crypto's narrative this year has varied so widely that one dominant thread is difficult to pin down. BTC was hovering comfortably above $27K.Insights: Crypto in Hong Kong won't resemble what it looked like in previously, if the government passes proposed crypto exchange rules.Bitcoin Rises Slightly and WaitsBitcoin is starting the…
Bitcoin Payments App Strike Adds Support for Tether’s USDT
Strike – a Bitcoin payments company and remittance app – announced the integration of the world’s largest stablecoin, Tether’s USDT. The latest move comes on the heels of Strike’s expansion into 65 additional countries and USDT-supported new app design, which was announced at Bitcoin 2023. Strike-Tether Integration The integration aims to address key challenges hindering…
Ledger Delays Plans for Controversial “Recover” Service, Announces Open-Source Roadmap
Crypto hardware wallet provider Ledger will delay plans to launch its private key recovery service after receiving major backlash following its announcement last week. The controversy – which rose questions about the safety and trustworthiness of Ledger devices more broadly – has inspired the company to accelerate its open-sourcing roadmap. Ledger’s Apology Ledger CEO Pascal…