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Blockaid Raises $33M in Funding to Strengthen Blockchain Security

Blockaid’s primary objective is to protect users from a range of security threats, including fraud, phishing, and hacking. Blockaid, a blockchain security startup, and partner of the popular MetaMask crypto wallet has secured $33 million in a Series A funding round, led by prominent industry venture capital firms, including Coinbase investor

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Hong Kong Chief Executive Vows to Strengthen Crypto Regulations Following JPEX Fraud Allegations

The Hong Kong Securities and Futures Commission, in their statement regarding the arrest of the alledged fraudsters, pointed out that JPEX was not licensed and lacked the authority to host a cryptocurrency trading platform within the community. Hong Kong police arrested six individuals in connection with allegations of fraud related to

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ThetaRay Secures $57M to Strengthen AI-Powered Battle against Money Laundering

The funds will be used by the comapny for international expansion across continents to capitalize on significant market demand. Popular Israeli fintech company ThetaRay, known for its cutting-edge AI-based transaction monitoring and screening solution, Sonar, has secured $57 million in a funding round. The announcement, made on Tuesday, revealed that the

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Shopify and Amazon Partners to Strengthen E-commerce Industry, SHOP Shares Spike Over 10%

Amazon will release an application on the Shopify ecosystem to enable US-based Amazon merchants to add Buy with Prime into their Shopify Checkout. Shopify Inc (NYSE: SHOP) shares closed Thursday, end of August 2023, trading at  $66.49, up 10.80 percent from the day’s opening price. Yesterday’s gains cemented Shopify’s impressive performance

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SEC’s Gary Gensler believes AI can strengthen its enforcement regime

Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could benefit from greater use of artificial intelligence.During a July 17 speech before the National Press Club, where he later broke his silence about the recent Ripple court ruling, Gensler listed several potential use cases

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South Korea Passes First Independent Crypto Bill to Strengthen Investor Protection

As per the VAUP legislation, the Financial Services Commission (FSC) will get the authority to oversee crypto operators as well as crypto custodians. South Korea has now implemented the first independent bill for digital assets in order to boost investor protection in the region. The development comes one year after

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