OpenAI inks deal with Time while facing added lawsuit from news nonprofit
The nonprofit suing OpenAI produces the Mother Jones and Reveal news websites.
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SEC fines Coinschedule $200K over sponsored, favorable ICO ratings
The SEC asserts that Coinschedule violated anti-touting provisions of U.S. securities laws. 289 Total views 3 Total shares The U.S. Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws.But two SEC commissioners have penned an open letter in…
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Brazilian crypto industry gets regulatory clarity amid global uncertainty
As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike. It is soon to be decided whether the coming regulation triggered by FTX’s bankruptcy will bring a silver lining to crypto.The Chamber of Deputies of Brazil, the lower…
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DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related
As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches.Although the attackers apparently did not manage to steal any funds, one of the incidents resulted in a leak of Know Your…
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FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from "hype cycles" and towards "real utility." 786 Total views 13 Total shares Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test…
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Poly Network hacker appears ready to return stolen funds
The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet. 2106 Total views 7 Total shares Following a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds.At about 4:00 UTC on…
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Android Malware Targets Users of 32 Crypto Apps, Including Coinbase, BitPay
A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet, as well as banks including JPMorgan, Wells Fargo, and Bank of America. The news was reported by technology news outlet The Next Web on March 28.Based on research from prominent cybercrime…
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TrueUSD stops minting via Prime Trust, loses dollar peg
The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice. 344 Total views 2 Total shares Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology partner Prime Trust. The fifth-largest stablecoin by…
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Here’s How Much Bitcoin Is Currently Locked Up in Sidechains
Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent marketData from block explorers confirms that as of Oct. 17, a total of 9,661 BTC ($76.96 million) or a tiny 0.054% of today’s Bitcoin…