Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry.
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BlackRock adds own Bitcoin ETF to income and bond funds
One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.
Tom Hanks, MrBeast and other celebrities warn over AI deep fake scams
Artificial intelligence (AI) has been a major talking point in Hollywood throughout the year and continues to be so as multiple celebrities have come forth denouncing the use of the likeness in AI deep fakes. Actor Tom Hanks, YouTube personality known as Mr. Beast and American broadcast journalist Gayle King have all recently tried to put
French Regulators, Central Bank Distance Themselves From Tobacconists’ BTC Retail Plans
French stock market regulator, the Autorite des Marches Financiers (AMF), has jointly issued a warning with the country’s central bank and French Prudential Supervision and Resolution Authority (ACPR) recalling the risks associated with “speculative” crypto assets. The warning was posted as a press release on the AMF official website Nov. 26.The three entities’ joint announcement…
FTC enhances investigative procedures to deal with AI-related lawbreaking
The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued. 223 Total views 2 Total shares The United States Federal Trade Commission (FTC) approved a new streamlined process for investigating cases involving the unlawful
Ex-Microsoft Employee Arrested for $10 Million Crypto Theft
A former employee at Microsoft has been arrested for a scheme to steal $10 million in cryptocurrency, the Associated Press (AP) reported on July 17.Insider SchemesThe man — a 25-year old Ukrainian national, Volodymyr Kvashuk, allegedly used the ill-gotten proceeds to buy a $160,000 Tesla car and a $1.7 million lakefront home. During the seven…
Blockchain Ecosystem Offers $1.5 Million DApp Development Fund, Tech Support and Marketing
An established blockchain ecosystem has launched a decentralized application (DApp) funding program worth $1.5 million to incentivize developers and enthusiasts to build applications with real value.WaykiChain says it will offer support of up to $15,000 for every decentralized application, along with other services that include tech support, branding and product marketing. The company hopes this…
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet. 1173 Total views 39 Total shares El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the…
BNY Mellon fund laments it should have bought Bitcoin, not gold
U.S.-based financial institution BNY Mellon, the world’s largest custodian bank and asset servicing company, states that the recent performance of one of its exchange-traded funds, or ETFs, was significantly impacted by its lack of exposure to companies investing in Bitcoin.The BNY Mellon Opportunistic Small Cap Fund (DSCVX) gained 35% from September 1, 2020, through February…