Holograph protocol sabotaged by disgruntled contractor
Holograph’s internal investigation, aided by Halborn, revealed a former contractor’s role in the $14 million token heist.
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SEC’s Gary Gensler believes AI can strengthen its enforcement regime
Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could benefit from greater use of artificial intelligence.During a July 17 speech before the National Press Club, where he later broke his silence about the recent Ripple court ruling, Gensler listed several potential use cases of AI that could assist…

Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S.The move was revealed via a joint announcement on April 27 from Congressman McHenry, Glenn Thompson, Chairman of the House Agriculture Committee, French…

Nigeria arrests nearly 800 in raid on crypto pig butchering hub
Nigeria’s anti-corruption agency arrested 792 suspected to be involved in a crypto romance scam scheme based out of the country’s largest city.

Not Like Before: Digital Currencies Debut Amid COVID-19
Famed currency speculator George Soros, who in 1992 broke the Bank of England to emerge a billionaire overnight by forcing the pound out of the European Exchange Rate Mechanism, believes:“We will not go back to where we were when the pandemic started. That is pretty certain. But that is the only thing that is certain.…

Bitcoin buyers mean business as Coinbase reserves drop $8B in 3 months
Demand for Bitcoin remains solid and is fuelling a "supply shock" that shows no sign of abating, even at $50,000 and higher. 233 Total views 6 Total shares Bitcoin (BTC) may have shed $10,000 in a week but the cryptocurrency's "supply crisis" is more real than ever.According to the latest data from on-chain monitoring resource…

Tennessee lawmaker introduces bill which would allow state to invest in crypto
The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain. 211 Total views 44 Total shares Jason Powell, a member of the Tennessee House of Representatives, has introduced a…

Bakkt Announces First Regulated Options Contract for Bitcoin
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9.Bakkt options contract is certified with CFTCAccording to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European-style options, low fees, as well…

Bitmain Valuation to Hit $12B With New 600K Chip Order, Source Says
Bitcoin (BTC) mining giant Bitmain will increase its capacity by 50% in the next six months on the back of a giant hardware order, a source close to the deal has said.Bitmain eyes 50% capacity increaseAs reported by Chinese social media network WeChat on Aug. 23, Bitmain, which has seen a dramatic reversal of fortunes…