Recent reports have shown the surge in popularity of Artificial Intelligence (AI) generated technology, which could present a significant challenge for crypto exchanges and the community in the never-ending battle against scams and illicit activity. Can AI-Generated IDs Bypass Exchanges Verification Processes? An underground website named OnlyFake has gained popularity …

After the approval and launch of spot Bitcoin ETFs (Exchange-Traded Funds) by the US Securities and Exchange Commission (SEC), ETF issuers have extensively promoted their products on different media platforms to attract retail investors. Bitcoin ETF Issuers Looking To Attract Retail Investors At the end of January, giant technology company …

On Wednesday, the news of a 213 million XRP exploit shocked the Ripple community as speculation of a security breach in the security of the payment firm. Later details provided by Ripple executives clarified that the company did not manage the compromised accounts. In a recent development, leading crypto exchange …

The United States Department of Energy recently announced it will collect energy use data from crypto miners next week. Crypto Miners Required To Give Their Energy Use Details On January 31, The US Energy Information Administration (EIA) announced the initiation of a provisional survey to collect electricity consumption data from …

Over the last few years, El Salvador has been making considerable efforts to become Latin America’s crypto hub. Today, two and a half years after adopting Bitcoin as a legal currency in the country, Bitfinex Securities announced the launch of Bitfinex Securities El Salvador S.A., the first platform to offer …

Today, on his 30th birthday, Ethereum co-founder Vitalik Buterin shared a moving post reflecting on the last couple of years of his life and the evolving crypto space that made him re-evaluate his role within the community. The End Of An Era For Vitalik Buterin Vitalik Buterin, who just three …

Chris Dixon, Andreessen Horowitz’s crypto founder and general partner, joined CNBC’s ‘Squawk Box’ to discuss his new book ‘Read Write Own: Building the Next Era of the Internet.’ The crypto evangelist examined some of the ideas in the book, including the role of blockchain technology in the future of the …

Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens. This hack has made crypto exchanges in South Korea alert users and take provisionary actions to minimize investors’ risks. Upbit Alerts Over Security Risks On January 29, a press release from the …

On Thursday night, Algorand CEO Staci Warden’s X Account (formerly known as Twitter) was compromised. Since then, the crypto community and the hacker have been having a back-and-forth conversation. Justin Sun Will Boost Algorand To “New Heights” Algorand Foundation’s X account was the first to inform about the hack and …

On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February of 2023.  The consultation paper sought the public’s feedback on introducing a UK central bank digital currency (CDBC). Is The UK Ready To Introduce Their …

On January 23, Wallet Connect and other web3 companies informed their users about a phishing scam using official web3 companies’ email addresses to steal funds from thousands of crypto wallets. A Massive Phishing Campaign Wallet Connect took X to notify its community about an authorized email sent from a Wallet …

On January 22, Coinbase submitted a letter addressed to the US Treasury’s Financial Crimes Enforcement Network (FinCEN) as a response to the notice of proposed rulemaking (NPRM). The letter challenges the idea that crypto-mixing services are used primarily for illegal activities and money laundering. Lack Of A “Minimum Threshold” In …