AI-powered romance scams: The new frontier in crypto fraud

The largest shareholder in Overstock-funded blockchain wealth management startup Bankorus has claimed that the firm has no money left.In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for Bankorus had fallen through and that all its employees have resigned.Zhang: Bankorus “has run out of cash”As a contributor of more than…

Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins. Technicals show 65% SOL price rally in play As of March 26, SOL’s price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms

In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and mint fiat-pegged stablecoins, including a U.S. dollar-based token called dUSD. It raised $10 million from investors that year, but it suddenly closed up shop in

The United States Internal Revenue Service has better ways to spend taxpayer dollars than offering bounties to break Monero’s (XMR) privacy, a Monero working group says.After the IRS announced it is offering up to $625,000 to anyone who can break Monero, a major Monero-focused workgroup expressed their take on the matter.A spokesperson for Monero Outreach…

"NFTs can aid in the documentation of the creator community through smart contracts," said Kushner. 273 Total views 16 Total shares It's been 40 years since the classic sci-fi adventure film Tron hit movie screens around the world. Produced by Donald Kushner and released by Walt Disney Productions, its highly original futuresque concept made history by…

Cash is out of the board room and Bitcoin is in as MicroStrategy announces it will pay director bonuses in BTC instead of dollars. 1092 Total views 20 Total shares Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash. A modified 8-K…

Understanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated proof-of-stake (DPoS).Regular cryptocurrency users have probably come across the term proof-of-stake (PoS) when dealing with crypto staking, but what is leased proof-of-stake (LPoS), and is there

Nishad Singh, the bankrupt exchange’s former director of engineering, went to a proffer session with prosecutors last month and is reportedly nearing a plea deal. 377 Total views 10 Total shares Own this piece of history Collect this article as an NFTNishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is…

Scallop will help create awareness and drive the adoption of the PCI Security Standards. 213 Total views 4 Total shares A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide.Scallop, a regulated DeFi banking…