Chainalysis acquires AI fraud detection startup for $150M: Report
The advent of generative AI has made it easier for scammers to target crypto and other real-time payment systems.
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Alibaba’s Ant Financial to Launch Blockchain Backend-as-a-Service Platform
Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21.The announcement was reportedly made by Ant Financial vice president Jiang Guoefei at the Ant Technology Exploration Conference (ATEC) in Hangzhou yesterday. The new BaaS platform is being launched in…

Bitcoin’s drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation
Elon Musk and COVID-19 have something in common: They have both panicked investors — at least once — into dumping their Bitcoin (BTC) holdings.The similarities notched up higher in the previous six days as Musk doubled down on his chaos-inducing perspective toward Bitcoin. The billionaire entrepreneur engaged in a Twitter spat with top cryptocurrency advocates…

Kucoin agrees to ban New York residents and pay $22 million in settlement
Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days. 187 Total views 3 Total shares Crypto exchange Kucoin has agreed to pay $22 million to the State of New York and to bar residents of the state from using its platform

Australia’s DeFi Boom: Growing Excitement as New Projects Launch
Australia is experiencing a decentralized finance (DeFi) boom, playing host to some of the most talked-about projects in the space.They include longtime DeFi leader Synthetix (SNX), along with the up-and-coming Thorchain (RUNE) along with the just-launched Ren (REN) and mSTABLE (META).RUNE has increased 167% in the past 30 days, REN is up 36% (mostly in…

What the hell is Web3 anyway?
Web3 — or Web 3.0 as crypto boomers like to call it — is a topical buzzword with only a very vague definition. Everyone agrees it has something to do with a blockchain-based evolution of the internet but, beyond that, what is it really?Yet, the conversation surrounding the meaning and prospects for Web3 has become…

Roger Ver Apparently Thinks Bitcoin Cash Value Could Increase 100,000%
Bitcoin Cash's Roger Ver took to Facebook to announce that he is giving away Bitcoin Cash (BCH) to further spread the adoption of the fourth-largest cryptocurrency by market capitalization.Bitcoin Cash price to increase by almost 100,000 percent?On Nov. 4, the Bitcoin Cash proponent and former CEO of Bitcoin.com, Roger Ver, said that he will send…

Robinhood subpoenaed by SEC over crypto listings and custody
The firm said it received an investigative subpoena in December regarding its crypto listings, crypto custody and platform operations. Own this piece of history Collect this article as an NFTRobinhood Markets has revealed thait had received an investigative subpoena from the United States Securities Exchange Commission (SEC) over its digital asset business' crypto listings, custody…

About 80% of ETH Supply Is Qualified for Staking, Says ConsenSys
About 86 million ETH is held on non-exchange wallets containing enough Ether for staking on ETH 2.0. 519 Total views 25 Total shares As the crypto community is anticipating Ethereum 2.0, a large number of Ether (ETH) holders already have enough ETH for staking on the network.Nearly 80% of total Ether (ETH) supply is being…