Tuesday, December 3, 2024
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Crypto is in ‘arms race’ against AI-powered scams: Quantstamp co-founder

With the field of artificial intelligence evolving at near breakneck speed, scammers now have access to tools that can help them execute highly sophisticated attacks en masse, warns the co-founder of Web3 security firm Quantstamp.Speaking to Cryptox at Korea Blockchain Week, Quantstamp's Richard Ma explained that while social engineering attacks have

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FTX, Alameda Seeks to Recover $71M from FTX’s Philanthropic, Life Science Arms

They made the transfers to life science companies like Lumen Bioscience Inc. and Platform Life Sciences Inc. under the guise of effective altruism, a philosophy espousing the transfer of wealth from affluent individuals to those in financial need, the filing shows. But, helping the less fortunate wasn't the charitable arms

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After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation

“Single regulatory agencies currently generally do not have a comprehensive view of crypto asset entities’ activities,” Brown argued in his letter, which highlighted the findings of a report from the Financial Stability Oversight Council led by Yellen, including its recommendation for legislation that would “create authorities for regulators to have

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