Meta denies claim more than half of Facebook crypto ads are scams
Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and unreliable.
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Nestlé, Carrefour Work With IBM to Track Mashed Potato Brand With Blockchain
Switzerland-based food giant Nestlé, French supermarket chain Carrefour and IBM have partnered to use the latter’s blockchain technology to track a famous French convenience food, the companies announced in a press release on April 15.Nestlé and Carrefour, both of which are members of IBM’s Food Trust blockchain platform, will use the technology from today to…
Polygon launches upgraded ZK proving system Plonky3
Polygon Labs unveils Plonky3, enhancing Ethereum scalability with improved zero-knowledge proof configurations and modular flexibility for developers.
ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee
0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems. 658 Total views 6 Total shares Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for…
Omniex Appoints Former SEC and FDIC Execs to Board of Advisors
Institution-oriented crypto trading platform Omniex has expanded its staff with high profile experts, including former execs of major U.S. financial regulators, according to a press release Aug. 7. Omniex has appointed former U.S. Securities and Exchange Commission (SEC) chairman Arthur Levitt and Federal Deposit Insurance Corp (FDIC) chair Sheila Bair as members of the board…
Why does Ethereum have an intrinsic value?
Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs)…
FTX exchange floats $1M prize for banks to accept stablecoins
Stablecoins like USDT are under scrutiny in the United States, with some lawmakers calling for greater regulatory oversight of the industry. 650 Total views 18 Total shares Cryptocurrency derivatives exchange FTX is calling on banks to reach out and discuss the possibility of accepting stablecoins in exchange for a $1 million reward.In a Tuesday Twitter…
Man behind AI-generated fake Biden robocalls is indicted
Steven Kramer allegedly used deep fake tech to generate and send thousands of robocalls to New Hampshire residents imitating President Biden’s voice in January.
CFTC slaps Tether and Bitfinex with a combined $42.5 million fine
The settlement triggered concerns that the CFTC's role in stablecoin regulation could be misunderstood by the public. 677 Total views 8 Total shares On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or…