US Treasury used AI to recover $4 billion in fraud over past year

“Steam's point of view is that items have value and they don't allow items that can have real-world value on their platform,” claimed one game developer. 152 Total views 2 Total shares Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace.As reported…

Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the…

Lolli, an app that provides Bitcoin (BTC) rewards to users when they shop with partner stores, has teamed up with major American pet retailer Petco.The rewards deal with PetcoLolli announced the new partnership in an official blog post on Aug. 23. In the announcement, the company notes that there are two new veins of rewards…

A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services…

The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.

The company building Moonbeam is focusing on integration work and a renewed marketing push. 2456 Total views 10 Total shares PureStake, the company behind the Moonbeam and Moonriver networks, two parachain candidates for Polkadot and Kusama, respectively, announced a successful $6 million raise.The funding round was led by CoinFund and included participants such as Binance…

The Security Clarity Act seeks to lessen regulatory burdens for blockchain-based technology. 42 Total views 3 Total shares U.S. congressional representatives introduced a bipartisan bill on July 15 with the goal of providing a clear definition of assets, such as digital tokens and other emerging technologies, under current securities law.Known as the Security Clarity Act,…

Cardano (ADA) pared a big portion of the weekly losses incurred during this week's crypto market rout. ADA's price reached an intraday high of $0.60 on May 13, a day after rebounding from its week-to-date low of $0.38 — a 58% rally. The huge upside retracement appeared in the wake of similar price action in the crypto…

Crypto investors in the United States who sold their Bitcoin (BTC) holdings lost $1.7 billion, but many do not plan to deduct the losses, a survey conducted by personal finance company Credit Karma published on Jan. 15.The survey was conducted by research firm Qualtrics for Credit Karma, and surveyed 1,009 American BTC investors over the…