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The social media platform Snapchat has received a warning from the United Kingdom’s data watchdog over its new artificial intelligence (AI) chatbot known as “My AI,” according to an update posted by the regulator. On Oct. 6, the U.K. Information Commissioner’s Office (ICO) issued a preliminary notice to Snap Inc. and
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“Following a thorough internal investigation, LedgerX has found no evidence that any of its employees were aware of any reported code enabling Alameda to take FTX customer assets, and firmly denies any contrary allegation," Miami International Holdings, LedgerX's new owners, said in a statement to the WSJ. Original Source
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The government of China had been trying hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far off the mark. The original crypto currency has gained as much as 36% since official statements a year ago that it would become worthless.Amid
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A disturbing trend has emerged recently, as swindlers have confiscated at least eight Twitter accounts associated with cryptocurrencies. The syndicate has obtained approximately $700,000 by employing intricate phishing maneuvers via compromised accounts. Once gaining control, they promptly
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The EU’s Markets in Crypto Assets regulation (MiCA) is set to bring MiFID-style rules to the sector, but the regime will only take effect in around 18 months. In the meantime, ESMA, a Paris-based agency that groups and coordinates national regulators, is worried some companies are encouraging and exploiting the
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The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation. Original Source
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"A widespread proliferation of crypto assets comes with substantial risks to the effectiveness of monetary policy, exchange rate management, and capital flow management measures, as well as to fiscal sustainability. Moreover, changes may be required to central bank reserve holdings, and the global financial safety net, yielding potential instability. Finally,
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BlockFi, a cryptocurrency lending platform, has been warned by the bankruptcy trustee that the $227m the company has in Silicon Valley Bank (SVB) may go against bankruptcy laws. This is because these funds are allegedly not protected by the Federal Deposit Insurance Corporation’s (FDIC) deposit insurance. It is because this amount
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Bankrupt crypto exchange FTX has acknowledged a recent spate of third-party scams and frauds aimed at swindling its already-embattled customers.On Feb. 3, FTX issued an alert to its customers regarding recent attempts by fraudsters to scam their customers, including asking them for money, fees, payments or account passwords.“We are aware
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To avoid becoming victims of an address poisoning attack, Metamask wallet users should ditch the practice of copying and pasting wallet addresses, the crypto wallet app support team has warned. Metamask users should instead “develop a habit of thoroughly checking every single character of an address” before sending a transaction. Scammers
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