Montenegro arrests executive suspected of $21M crypto fraud

Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could benefit from greater use of artificial intelligence.During a July 17 speech before the National Press Club, where he later broke his silence about the recent Ripple court ruling, Gensler listed several potential use cases of AI that could assist…

Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. 294 Total views 7 Total shares The Vermont Department of Financial Regulation (DFR) — the United States state of Vermont’s financial regulatory agency — warned citizens against rising crypto investment…

Blockchain platform MultiVAC has claimed it has reached a “breakthrough” in the blockchain scaling technology sharding, according to a press-release Nov. 5.According to the company’s release, MultiVAC reported achieving 30,784 transactions per second (TPS) using 64 shards. While the total amount of transactions for all shards used exceeded 30K at its peak, a single a…

The European Union’s crypto regulation bill, set to be made law following some additional steps, contains a section that could impact many crypto influencers. 276 Total views 4 Total shares The European Union (EU) bill aiming to regulate cryptocurrencies could result in crypto influencers being charged with market manipulation if they fail to disclose potential…

Blockstream has launched an initiative intended to connect developers building on its Liquid sidechain with Bitcoin-focused investors and entrepreneurs. 2736 Total views 39 Total shares Blockstream, the firm behind the Bitcoin (BTC) sidechains Liquid and Lightning Network, has launched its "Liquid Ventures Initiative," which seeks to connect developers looking to build on the commercial sidechain…

Saturday, Oct. 5 — crypto markets are trading sideways today, with most of the top 20 coins by market cap seeing losses and Bitcoin (BTC) dipping below $8,100.Only three coins out of the top 20 cryptos are up over the past 24 hours at press time, with Iota (MIOTA) seeing the largest gains of over…

REvil ransomware gang immediately auctioned sensitive data after a card services provider failed to cover their ransom. 1887 Total views 28 Total shares The REvil ransomware gang is auctioning off sensitive information, stolen from debit card services provider, Interacard.According to REvil’s website, the information is available in an auction listing published by the group. All…

Judge Jed Rakoff has ruled to end the freeze on Charlie Shrem’s assets in a lawsuit brought against him by the Winklevoss brothers, Bloomberg reports Nov. 8.In a case unsealed in the U.S. District Court for the Southern District of New York earlier this month, the Winklevoss twins allege that Shrem took part of their…

Major Swiss private banking and wealth management group Julius Baer has launched a digital assets trading and custodial service via a partnership with regulated crypto-specialist Seba.Julius Baer announced its new digital assets offering on Jan. 21, the result of its 2018 minority equity stake acquisition and later partnership with crypto startup Seba Bank AG in…