US Treasury used AI to recover $4 billion in fraud over past year
The US Treasury has tapped into AI machine learning to sift through data to detect and prevent billions of dollars in check fraud.
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US SEC is ‘bent on choking’ the crypto industry — Coinbase
The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase.
The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning
The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC)…
Top 5 cryptocurrencies to watch this week: BTC, ADA, XMR, ATOM, VET
Investors are concerned about the stability of the cryptocurrency market after it was faced with a flurry of adverse news in the past few days.Fortunately, the markets have matured to the extent that negative news no longer provokes wild price swings like they once did in crypto’s early days.The current stability shows that institutional investors…
New CME Bitcoin Options Spark ‘Unusually Strong Activity’ — JPMorgan
The United States’ largest bank believes interest will be high in CME Group’s new Bitcoin (BTC) options when they launch on Jan. 13. In a note from Jan. 10 quoted by Bloomberg on Friday, a group of analysts at JPMorgan Chase led by Nikolaos Panigirtzoglou noted interest in CME’s existing Bitcoin futures had spiked in the…
‘Most of crypto is still junk’ and lacks use case — JPMorgan blockchain head
JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up. 193 Total views 32 Total shares The head of JPMorgan’s digital assets unit Umar Farooq has suggestedthat most of the crypto assets on the market are “junk” and that real crypto use cases are yet to fully present themselves.…
Zilliqa’s ‘metaverse’ debut pumps ZIL price 350% in just five days — selloff ahead?
Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April.ZIL rallied nearly 25% in one day to $0.22 a token by Wednesday, its best level since May 13, 2021. Its strong move came as a part of a rebound rally that started March…
Bitcoin price eyes $63K next as rising BTC dominance puts altcoins at risk
The current Bitcoin (BTC) price bull run seems almost unstoppable right now as BTC has just notched another new high on Feb. 17.The psychological barrier of $50,000 finally broke yesterday after multiple tests of this level in the previous week. In addition, banks are revealing their interest in BTC and more public companies are starting to hop…
Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption
Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. 370 Total views 10 Total shares Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive…