Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.” 507 Total views 6 Total shares Own this piece of history Collect this article as an NFTVenture capital firm and Web3 game developer Animoca Brands has refuted claims that…
Report: Ransom Costs for Stolen Data Rose 200% From 2018 to 2019
On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. 1137 Total views 21 Total shares On average, the ransom demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019.According to a report published on June 5 by cybersecurity firm Crypsis Group, the average ransom demanded by cryptocurrency…
Binance under investigation in France since February 2022: Report
The French arm of Binance is reportedly under investigation by the local authorities on charges of “aggravated money laundering.“ 252 Total views 4 Total shares The legal troubles for the world’s leading crypto exchange Binance continue to mount as a new report suggests the exchange is under investigation in France since early 2022.According to a…
Intercontinental Exchange’s Digital Asset Platform Bakkt Announces First Acquisition
Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. 14.In the post, Bakkt CEO Kelly Loeffler hinted that the company’s latest move is part of Bakkt’s ambitious plans…
Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion.
Emojis count as financial advice and have legal consequences, judge rules
Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis. 126 Total views 5 Total shares Own this piece of history Collect this article as an NFTA judge from the United States District Court of the Southern District of New York ruled that emojis like the rocket ship,…
Coinbase Has Tested Clearview Facial Recognition Software
Coinbase, the U.S. cryptocurrency exchange boasting over 20 million views per month and over 30 million total accounts, has tested Clearview AI facial recognition technology according to a BuzzFeed News report. However, Coinbase has denied that the test involved customer data.The controversial software has been the subject of intense scrutiny since a New York Times…
Korean regulators investigate banks over $6.5B tied to Kimchi premium
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges. 583 Total views 35 Total shares South Korean banks are being investigated for their role in facilitating $6.5 billion in suspicious overseas remittances which have been tied to companies arbitraging cryptocurrency. According to an Aug. 15…