The Litecoin community has announced the development of an experimental fungibility standard called LTC-20, and the issuance of new a test token created as part of the initiative. The LTC-20 test standard is being developed on top of the...
Samsung has banned its employees from using generative artificial intelligence (AI) tools, such as ChatGPT, in their workflow and office routines. This decision came after some engineers uploaded sensitive company information to the ChatGPT platform. An internal memo obtained...
Coinbase is facing a class-action lawsuit in a California District Court over allegations of violating Illinois's biometric privacy laws. The lawsuit, filed on May 1, 2023, by a Coinbase user, claims that the exchange's requirement for customers to provide...
According to a report released by Privacy Affairs, a leading online data security company, cybercriminals are selling compromised and verified cryptocurrency accounts on the dark web at increasingly high prices. The report, titled "The Dark Web Price Index," published...
A survey conducted by Bitget between July 2022 and January 2023 found that 46% of millennial respondents owned cryptocurrencies. The survey had nearly 459,000 participants from 26 countries, including the US, China, Japan, Germany, Indonesia, and Nigeria. Compared to...
Binance, a leading cryptocurrency exchange, is set to reenter the Japanese market through its acquisition of Sakura Exchange Bitcoin (SEBC), a Japanese crypto exchange platform. SEBC will cease its crypto exchange and brokerage services by May 31, 2023. The...
OKX has released its sixth monthly report and announced a significant improvement to its Proof of Reserves (PoR) system. The report revealed that OKX now holds $10.4 billion worth of Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with a...
KuCoin, a cryptocurrency exchange, has responded to allegations that one of its customers is responsible for launching thousands of meme coin frauds. While the exchange confirmed that the wallet address associated with the complaint belonged to one of its...
Cooper Morgenthau, the former CFO of African Gold Acquisition Corp. (AGAC), has been sentenced to three years in prison by U.S. District Judge Paul A. Engelmayer for embezzling over $5 million from two separate special purpose acquisition companies (SPACs)....
The Hong Kong Monetary Authority (HKMA) issued a circular on April 27, 2023, urging banks to offer their services to cryptocurrency firms. The circular implored authorized institutions to adopt a risk-based approach in their Anti-Money Laundering efforts when providing...
