Telecom company fined $1M for role in Biden deepfake scam
The Biden deepfake scam highlights the risks of emerging tech and the need for regulation to safeguard elections and public trust.
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Ethereum Classic price has nearly doubled days after Digital Currency Group’s $50M bet
Ethereum Classic (ETC) reached its highest level in almost three weeks Wednesday, buoyed by Barry Silbert-backed Digital Currency Group's $50 million investment and by an overall cryptocurrency market recovery led by Bitcoin (BTC).The 17th-largest cryptocurrency by market value traded as high as $63.19 — a nearly 98% rise from its June 22 low of $31.91.…

Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda
The former FTX engineering director reportedly testified that SBF would "unilaterally spend Alameda's money” and was “ultimately” in charge of the firm rather than Caroline Ellison. 594 Total views 4 Total shares Former FTX engineering director Nishad Singh reportedly told a New York courtroom that former CEO Sam “SBF” Bankman-Fried had a habit of deciding

Game of Nodes — Who Will Win the Digital Throne?
The best thing about us humans is that, time and again, we come up with great ideas and new forms of technology that have the potential to change the world for the better. Yes, we go wrong at times and destroy things, wipe out entire nations… but let’s not get into that right now.The curtains…

Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions
It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. 456 Total views 3 Total shares On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH) transactions began materializing from the smart contract to prominent figures such…

SBF’s alleged Chinese bribe, Binance clarifies account freeze: Asia Express
SBF allegedly bribes Chinese officials with $150 million to unfreeze accounts, Binance justifies blocking Hamas users, meanwhile, Huobi hacker returns all $8M in stolen assets. by Zhiyuan Sun 5 min October 13, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. SBF’s Chinese bribe scandal

David Marcus Says Calibra Is Considering Audits to Prove Data Protections
Calibra cryptocurrency wallet CEO David Marcus spoke at the New York Times Dealbook Conference in New York City where he discussed the worldwide regulatory scrutiny the stablecoin project continues to face, among other topics.Calibra is considering an auditor for personal data practices On Nov. 6, the co-creator of Facebook’s Libra coin had a sit-down interview with…

Bitcoin analysts fear new BTC price dip as funding rates drop post Fed
Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFunding signals dip expectationsData from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling which capped price action overnight into Friday.BTC/USD had recovered from a trip to local lows of $35,500 after…

Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12.The digital assets custody service being developed by ING is purportedly part of one of the bank’s several blockchain-related initiatives and is still at an early stage of development. ING reportedly said that it “sees increasing opportunities with regard to digital assets…