An AI bot didn’t create the GOAT crypto token — but did shill it
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.
Related Posts


London Stock Exchange CEO Is Certain That Blockchain Can Be Used in Issuing, Settlement
The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on May 2.Speaking in an interview, Rathi noted that distributed ledger tech (DLT) could potentially play a role in the…

Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team. The blockchain project launched…

Report: Crypto-Related Fraud and Theft Resulted in $4.4B Loss in 2019
In 2019, the total volume of cryptocurrency-related fraud and theft resulted in losses worth $4.4 billion, according to CipherTrace’s report for the third quarter of 2019.In its “Cryptocurrency Anti-Money Laundering Report, 2019 Q3,” security research firm CipherTrace delved into the 120 most popular cryptocurrency exchanges’ compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML)…

Coinbase Launches Program to Educate Users About Crypto ‘Beyond Bitcoin’
Major United States-based crypto wallet provider and exchange service Coinbase has launched an educational project that lets users earn cryptocurrency as they learn about it. The program, dubbed “Coinbase Earn,” was announced in an official blog post Dec. 19.Coinbase Earn has launched in an invite-only mode, with an initial focus on one digital asset, the…

Bitcoin traders set $50K price target after BTC falls below key support level
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.

Canada’s New AML Rules Have Room for Improvement but a Good Start, Eh?
As the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest country to annex the FATF directives is Canada, but how will the new rules impact crypto business in the country?In a report released March 10,…

Ethereum price eyes new all-time highs, but will $15K be the top?
ETH continues to show strength after its rally above $4,000, and bulls appear to be targeting its 2021 all-time highs under $5,000 and beyond.

Court approves sale of FTX digital assets
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens." 332 Total views 3 Total shares The Delaware bankruptcy court has approved the sale of FTX digital assets. Judge John Dorsey made the ruling at a hearing on Sept. 13. Major changes were made to the order authorizing the sale