AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report

Joseph Lubin, founder of blockchain tech company ConsenSys, expressed his pessimism regarding the recent situation with cryptocurrency trading platform Bitfinex, Bloomberg reported on May 9.Speaking at the Fluidity Summit conference, Lubin said that “it seems like a really big mess that probably won’t get better. Tether is somewhat important to our ecosystem because it’s used…

Bitcoin dominance is falling again as Ether rises and altcoins look to regain momentum. 1025 Total views 8 Total shares The total value of all cryptocurrencies in circulation — a major bellwether for the health of the overall market — reached $2 trillion on Wednesday for the first time in almost three months, offering compelling…

Despite the company's protestations, it appears the SEC is the latest in a long line of plaintiffs. 3025 Total views 35 Total shares Ripple will be sued by the SEC for allegedly selling unlicensed securities in the form of XRP tokens, according to Fortune.In a move reminiscent of Coinbase's recent front-running of a New York…

Ubisoft's first foray into nonfungible tokens was met with significant backlash from the gaming community. Now, it's pursuing "dynamic NFTs" with aleph.im. 693 Total views 11 Total shares Earlier this year, gaming giant Ubisoft joined the aleph.im network as a core channel node operator after the blockchain-based storage and computing startup became a part of…

Uniswap dev loses job, was it worth it? A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800. It is understood that AzFlin developed and deployed FrensTech token (FRENS)…

LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. 280 Total views 7 Total shares Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies…

The U.S.’s second-largest bank, Bank of America (BofA), has applied for another blockchain patent on the development of a secure crypto storage system, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) August 23. The patent, entitled “Block Chain Encryption Tags,” describes a system of recording and storing cryptocurrency-related transactions…

Investor sentiment across the cryptocurrency ecosystem has seen a significant shift in the positive direction over the past week, despite events in the wider world. Currently, Bitcoin (BTC) is back above $43,500 and many altcoins are also witnessing double-digit gains.Crypto Fear & Greed index. Source: AlternativeThe ongoing conflict in Ukraine and recent actions taken by…

According to the Buffett Indicator, the global stock market has entered a “bubble territory,” says Welt market analyst Holger Zschaepitz on Aug. 9. The recent correlation between Bitcoin and stocks could mean BTC is also at risk of a pullback.The global stock market enters bubble territory. Source: Holger Zschaepitz, BloombergStocks have continuously rallied in recent…