Tether CEO advocates for localized AI models to prevent hacks

An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks a 24% correction from the…

Major United States-based cryptocurrency exchange Coinbase has filed to close its political action committee (PAC) on April 3.According to a filing with the Federal Election Commission (FEC) — the regulatory agency in charge of enforcing election laws — Coinbase’s PAC received no funds nor made any disbursements, and is seeking to terminate the PAC.Per FEC…

As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, the industry is watching closely to see who will be invited. The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include more than 25 participants, including members of the Presidential Working Group on Digital

46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency, Bloomberg reports on June 21.Per the report, McDonnell — who calls himself the “coyote of Wall Street” — pleaded guilty to wire fraud on Friday in federal court in Brooklyn. He allegedly declared:“I claimed to…

Fast food chains like Burger King and Church's Chicken already accept crypto payments in the South American nation. 1283 Total views 17 Total shares A famous U.S.-based pizza chain has begun accepting cryptocurrency payments in all its stores in Venezuela.According to a Nov. 27 tweet from crypto services firm CryptoBuyer, Pizza Hut stores in the…

Fox Corporation is diving deeper into the NFT ecosystem with its latest partnership. 147 Total views 280 Total shares U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business.An announcement on Aug. 25 reported that Fox Corporation's investment marks the completion…

As a part of the deal to comply with Japanese laws, FTX's Japanese users will be moved Quoine's trading platform. 105 Total views 13 Total shares American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries. As a part of the deal, FTX…

Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news. Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.According to analytics firm Glassnode, BTC investors have largely ignored the latest crypto exchange legal battles.On-chain losses "remain quiet"BTC/USD dipped to just $25,350 on June…

Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal.The patent, originally filed on Dec. 22, 2015, describes a system providing identity services capable of receiving an identity from an identity provider system alongside validated identity data,…