Gaming is the ‘largest scale opportunity’ for crypto: Polygon co-founder
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Redeeming physical NFTs: Easier said than done?
Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have started to offer digital NFTs attached to physical products. Known as “phygitals,” these offerings allow real-world products to be tied to digital NFTs. For example, RTFKT — a digital fashion and collectible company — recently…
Japan: Crypto Thefts Have Tripled This Year, Totalling $540 Million So Far
Japan’s National Police Agency has revealed that a staggering 60.503 billion yen ($540 million) worth of crypto was stolen in the first six months of 2018, Asahi Shimbun reports September 20.The agency is said to have stated that the number of reported incidents involving crypto thefts has hit 158 over the course of the first…
$1.4B in Crypto Stolen in First Five Months of 2020, Says CipherTrace
Researchers say 2020 is on track to become a record-breaking year for cryptocurrency-related thefts, hacks and fraud.Digital asset intelligence firm CipherTrace released a report on June 2 revealing that in the first five months of this year so far, the value of ill-gotten funds siphoned through cryptocurrency crimes has reached almost $1.4 billion.This makes it…
Identity checks on crypto exchanges at risk as AI deepfakes evolve
Once HeyGen’s AI-generated digital avatar is available to the public, users would be able to create a video with a real life-like digital avatar in just two minutes. 127 Total views 1 Total shares The rise of artificial intelligence (AI) has been subject to growing concerns over identity verification tools at cryptocurrency exchanges.With rapidly evolving…
Sichuan Rainy Season to Give Bitcoin Hash Rate a Much Needed Jolt
The post-halving reality of Bitcoin’s network may soon change shape, some industry insiders argue. The reason is quite simple, and, surprisingly, it has nothing to do with crypto itself: The wet season has arrived in Sichuan, a southwest China province known as one of the hottest spots for Bitcoin (BTC) mining. The rain in Sichuan is…
Binance Launches Multi-DEX Support for Trust Wallet with Kyber Network
Major crypto exchange Binance has added support for multiple decentralized exchanges (DEX) to its Trust Wallet by integrating the Kyber Network protocol. The development was revealed in an official announcement shared with Cointelegraph on July 24.As previously reported, Binance acquired Trust Wallet — an open-source, decentralized wallet that initially offered native support for Ether (ETH) and…
US Senators to have classified AI briefing at the White House
U.S. Senators will take part in the country’s first-ever classified Senate briefing on AI which will place in conjunction with the Department of Defense and Intelligence Community. Senators in the United States will be briefed by the White House regarding artificial intelligence (AI) as lawmakers continue to mull over regulations for the technology. In a letter…
Sun rises: Tron’s new memecoin deployer flips Pump.fun
Tron’s new memecoin deployer, Sun Pump, has just overtaken its rival, generating 59% more revenue than Pump.fun in the last 24 hours.