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Some investors, however, have been purchasing GBTC shares over the last three to six months betting on a narrowing discount in case of a favorable court decision, Doug Schwenk, CEO of crypto data provider Digital Asset Research, explained in an emailed note. Source
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Consumers are developing a widening “trust gap” with companies using artificial intelligence, with many airing concerns about the potential unethical use of the technology, according to a new Salesforce survey.On Aug. 28 the customer relationship software firm released survey results from over 14,000 consumers and firms in 25 countries that
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Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiaries’ postal addresses, while the U.K. doesn’t, and firms are caught in a quandary when handling a transfer between the two, Caterina Veloso, co-chair of lobby group CryptoUK’s travel rule working group, told CryptoX. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent Citi report provides an in-depth analysis of the growth, challenges, and regional variations in the adoption of digital assets and distributed ledger technology (DLT) over the past year. On Aug. 23, Citi presented a comprehensive
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The United States Federal Bureau of Investigation (FBI) has flagged six Bitcoin (BTC) wallets linked to North Korean state-backed hacking group Lazarus. The six wallets contain 1,580 BTC worth $40 million believed to be hoarded from various cryptocurrency hacks over the past year.The FBI in its investigation found that Lazarus Group
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Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s “Mad Money” on Aug. 21, the cybersecurity firm CEO said that companies with outdated security systems
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The French financial regulator, the Autorité des marchés financiers (AMF), has announced changes to its rules governing digital asset service providers (DASPs) in France. The amendments aim to incorporate upcoming European Union regulations on crypto-assets
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Telegram trading bots, which have been turning the messaging platform into a quasi-crypto marketplace, pose significant security risks for users and require further scrutiny, according to blockchain security firms.While such trading bots have existed for years, they've recently gained attention as crypto markets gain and associated bot tokens have gained
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"Crypto remains high-risk and the new rules are aligned with the existing rules for promoting other high-risk investments. We’ve conducted extensive consumer research, behavior testing and considered responses to both our discussion and consultation paper on the matter," an FCA spokesperson said in an email to CryptoX. "These rules are
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Modified provisions of the AMF General Regulation for digital asset service providers cover "security and internal control systems, systems for managing conflicts of interest, clear, accurate and non-misleading information, public pricing policies, specific custody provisions (segregation of client assets vs. own assets)," and bans firms from using client assets without
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