Hollywood video game performers go on strike, citing AI ‘abuse’

A local energy distributor is working to recover about $800,000 from illicit cryptocurrency miners in Irkutsk Oblast. 356 Total views 18 Total shares As cryptocurrency mining activity grows increasingly common in Russia, one local region is struggling to maintain power stability amid massive inflows of new crypto mining operations.Russia’s Irkutsk Oblast, a federal region and…

Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.

Tether is still under regulatory pressure with eyes now cast towards its commercial paper reserves. 802 Total views 162 Total shares The firm behind the world’s leading stablecoin, Tether, is facing more regulatory pressure this week with U.S. financial watchdogs scrutinizing the composition of its reserves.According to a July 27 Bloomberg report the Acting Comptroller…

According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling. Fabio Panetta, an executive board member of the European Central Bank (ECB), has suggested a dark future for cryptocurrencies, in which the digital assets may be used for little more than gambling among investors.In written…

On-chain indicators are simply too bullish to permit a deeper price plunge, analysts argue, with Bitcoin set to remain a trillion-dollar asset. 7559 Total views 37 Total shares Bitcoin (BTC) is seeing a tsunami of new user adoption as a backdrop to prices likely bottoming at around $52,000, say analysts.In a series of tweets on…

The endorsement suggests that Ethereum may play an important role in the US’s permissioned security token ecosystem.  The Depository Trust & Clearing Corporation (DTCC) — the US’s primary clearinghouse for securities transactions — has committed to promoting Ethereum’s ERC-3643 standard for permissioned securities tokens, according to a March 20 announcement.  DTCC is joining the ERC3643

European police successfully busted a multi-million illegal online streaming business operating from Spain. 1840 Total views 17 Total shares In a recent investigation, European police busted a major illegal online streaming business that had reportedly been running for the past five years.Bloomberg reported that the police conducted 15 house searches, arresting 11 people and successfully…