Hot crypto game Off The Grid is plagued by cheaters: Web3 Gamer
Frustrated users claim Off The Grid is becoming “unplayable” due to cheating, with some warning it “will die” if the problem isn’t fixed.
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Indian crypto exchange CoinDCX raises $14M in its third round in 2020
Including the millions it collected in previous rounds, the company has raised approximately $19.4M. 400 Total views 4 Total shares CoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise.According to a Dec. 21 announcement, CoinDCX has raised $13.9 million from industry investors like Coinbase and Polychain in…

Shanghai Special: Crypto crackdown fallout and what happens next
The summer of regulatory action has now become a global phenomenon. Lawmakers and politicians are waving their fingers and making threats toward the industry’s leading virtual asset service providers — a term coined by the FATF to describe exchanges, wallets, custodians and even DeFi platforms. But when it comes to crackdowns on cryptocurrency, few places do…

World Bank Raises $33M Via Blockchain for Its Kangaroo Bond
The World Bank announced on Aug. 16 that it raised an additional A$50 million (over $33 million) for its Kangaroo bond due August 2020, using a blockchain. The bank claims that this is the first bond which has been created, allocated, transferred and managed through its life cycle using distributed ledger technology (DLT).Major banks join World…

Binance Removes FTX Tokens Citing Confusion
Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product.“Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March 28. Binance…

ConsenSys-Backed Identity Platform Partners With PwC
ConsenSys-backed identity management protocol uPort has entered a partnership with Onfido and PwC to develop blockchain-based identity management in the United Kingdom's financial sector.In a Sept. 23 announcement, the Ethereum-based digital identity platform uPort said the three firms are exploring how portable identity verification can improve the sign-up process for customers and reduce compliance costs…

Meta to fight AI-generated fake news with ‘invisible watermarks’
Social media giant Meta, formerly known as Facebook, will include an invisible watermark in all images it creates using artificial intelligence (AI) as it steps up measures to prevent misuse of the technology.In a Dec. 6 report detailing updates for Meta AI — Meta’s virtual assistant — the company revealed it will soon add invisible

North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash. North Korea-based cybercriminals are suspected to be using untraceable alternative cryptocurrencies, or altcoins, to convert stolen funds into cash.According to an NK News report, an unpublished United Nations Panel of Experts report states that North Korea-backed hackers have stolen approximately $1.5…

Updates Ongoing: US House Hearing With the SEC on Libra, Crypto and Securities
Disclaimer: This report is being updated live from the Financial Services Committee floor. Check in for the latest on the hearing’s progress. All time notes are in EST.In advance:As Cointelegraph reported on Sept. 20, the United States House of Representatives Financial Services Committee is holding a hearing today, Sept. 24, with the Securities and Exchange…