Telecom company fined $1M for role in Biden deepfake scam
The Biden deepfake scam highlights the risks of emerging tech and the challenges to safeguard elections.
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Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail
Former FTX CEO Sam Bankman-Fried (SBF) has been lambasted this week following a series of controversial public appearances, with Galaxy Digital’s Mike Novogratz one of the latest to dish out a lashing to the former kingpin of crypto.On Dec. 1, Galaxy Digital CEO Mike Novogratz unleashed a tirade of criticism towards SBF concerning his interview…
Ethereum hash rate scores new ATH as PoS migration underway
The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. 44 Total views 2 Total shares Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum…
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet. 811 Total views 8 Total shares On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of liquidation. The…
SafeMoon executive team charged with multiple fraud counts, arrests made
According to charges, the men misappropriated $200 million in investor funds to spend on a luxurious lifestyle. 204 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) announced Nov. 1 that it was charging SafeMoon and three of its executives with fraud and unregistered securities sales in connection with its SafeMoon
Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle
Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions.
New York regulator hunts crypto and AI specialist for policy unit
The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services.
Bitcoin price eyes $22K as US PMI data hits lowest since May 2020
Bitcoin (BTC) headed for multi-day highs after the Aug. 23 Wall Street open as United States economic data tripped up the dollar.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar suffers as data shows incomes "squeezed"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it eyed $21,700 at the time of writing, near resistance in place…
UFC fighter El Ninja to become first argentinian athlete paid in crypto
Beyond the Octagon, Guido Cannetti fights Argentina's 78% inflation rate with USDC stablecoin. 247 Total views 18 Total shares Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina's economic deteriorating, announced the…