Search Results: (625)

FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, bankrupt crypto exchange FTX has temporarily suspended accounts of impacted users accessing its claims portal.FTX’s decision which was posted on X (formerly known as Twitter) was undertaken as

South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot, which is aimed at Korean-language users. On Aug. 24

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. China is reportedly looking to implement a system akin to its social credit system in the metaverse and other online virtual worlds.POLITICO reported on Aug. 20 that state-owned telco China Mobile hasproposed a

Cryptocurrency can be a volatile investment. Prices can swing wildly in a matter of hours or days, making it difficult for individuals to know when to buy or sell.However, downturns in the market can be the perfect time to buy crypto. Here’s why:Lower PricesDuring a downmarket, crypto prices are generally lower than during a bullish market. This

Cryptocurrencies dipped sharply as bond yields surged. Most coins attempted to bounce back, in what could be a dead cat bounce. Cryptocurrencies stabilized on Saturday after going through one of their worst performance in the past few months. After consolidating at $29,000 for weeks, Bitcoin plunged to $25,000. Sei, one of the newest tokens, plunged by

This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture.I want to tell you about a personal transformation that I underwent last year while I crossed the U.S., visiting over 30 Bitcoin meetups around the country. In a little over three months, I covered 11,000 miles of country road

Morocco has reportedly denied the claim made by South Africa, the host of the BRICS summit this year, that it has formally applied to join the economic bloc. According to South African officials, over 40 countries are interested in joining the BRICS group, including 23 nations that have formally applied. Morocco Maintains Good Relations With

Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges. Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an Aug. 7 security exploit.In an X (Twitter) post on Aug. 18, Cypher Protocol reported that more than half of the funds

RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14. Base project RocketSwap Labs has outlined its emergency programme to bounce back from a brute force hack which swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14.The team explained on Aug.

Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s lawsuit against the firm. An Amicus Brief is a document filed in court

The MuesliSwap team wants to refund users who have lost funds to high slippage due to the way the DEX’s matchmaker was set up. The team behind the Cardano-based decentralized exchange MuesliSwap has made a decision to refund users that have been hit with high slippage over the past year.On Aug. 8, the MuseliSwap team

Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday. Block Inc ended nearly 15% down on Friday even though it reported market-beating results for its second financial quarter. Bitcoin made up half of

IntroductionAn exchange-traded fund (ETF) is a type of investment that tracks a specific asset or commodity, in this case, bitcoin. ETFs can be bought and sold on stock exchanges and brokerage accounts, with the custody of the underlying asset being held by the manager of the ETF. This allows for investors to get price exposure

The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign CBDCs Enter Into Force in Russia Russian authorities have granted digital currencies of other

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it. The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible

Michael Saylor compared his firm to a “sportscar” whereas a spot ETF will be like a “supertanker” when it came to giving investors Bitcoin exposure. MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future exchange-traded fund approvals.He has also confirmed