ZachXBT alleges former pro-Fortnite player helped steal $3.5M via memecoin scams

A co-founder and former lead developer of the decentralized network IOTA, Sergey Ivancheglo, has IOTA Foundation director David Sønstebø with a lawsuit over 25 million MIOTA (over $8.5 million).Ivancheglo announced that he is contacting his lawyers to obtain the assets from Sønstebø in a tweet sent on Feb. 2. The coins that he claims belong…

More details appear to have leaked regarding Reddit’s rumored Ethereum (ETH)-based “Community Points” system. A video posted to the platform purports to show a draft of FAQ copy explaining how the system will work.If authentic, the video appears to confirm that Reddit is preparing to launch a reputational currency on Ethereum.Video claims to confirm Reddit’s…

Artificial intelligence (AI) is becoming increasingly important in our daily lives. AI can automate routine and time-consuming tasks, allowing us to focus on more important activities. In addition, AI algorithms can analyze vast amounts of data to personalize products, services and experiences. Moreover, AI is driving innovation in various industries, such as finance, retail and education.Here are seven artificial intelligence…

Binance, one of the largest cryptocurrency exchanges by daily trade volume, has experienced a major security breach on May 7, according to a statement shared with Cointelegraph on May 7.Per Binance, hackers employed a variety of tactics including phishing and viruses to obtain a large number of 2FA codes and API keys in addition to…

CryptoPunks enthusiasts and hopeful bidders gathered Wednesday night at Sotheby's auction house in New York City for what turned out to be a non-event after the consignor of 104 CryptoPunks decided to hodl.In the wake of this announcement, however, a live panel discussion on the history of nonfungible tokens (NFTs) and CryptoPunks took place. The…

According to Megan Crowell, losing certain employees could "severely [limit] the debtors’ options" amid bankruptcy proceedings. 228 Total views 3 Total shares Own this piece of history Collect this article as an NFTMegan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter…

Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to tackle corruption using blockchain, according to a recent Facebook post from Sunday, Dec. 9.Tymoshenko dedicated her post to International Anti-Corruption Day, stating that modern Ukraine is immersed in “total corruption.” She further explained that her…

More rules are coming for the cryptocurrency space, according to SEC Chairman Gary Gensler. 1208 Total views 6 Total shares The Securities and Exchange Commission, or SEC, may soon issue new rules for the regulation and registration of security-based swaps, including cryptocurrency.In a speech to the American Bar Association Derivative and Futures Law Committee SEC…