‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS
According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist. The need for an oracle in…
Windows tool targeted by hackers deploys crypto-mining malware
Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used in the malware campaign. Hackers have been using a Windows…
Stake hack of $41M was performed by North Korean group: FBI
After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group. The $41 million hack of crypto gambling site…
CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking
The U.S. Consumer Financial Protection Bureau has focused on the role of Apple and Google in mobile payments with a critical eye. Big businesses are able to act as “mini-governments”…
Tencent unveils ChatGPT rival in China amid continuing US AI chip ban
Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China. Chinese technology corporation Tencent unveiled its “Hunyuan” artificial…
Meta’s assault on privacy should serve as a warning against AI
Facebook was the worst thing to happen to user privacy over the last two decades. Artificial intelligence could be the worst thing to happen in the days ahead. In an…
AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s
According to an analysis from Moody’s Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries, and economies across the globe. Artificial intelligence (AI) and blockchain technologies…
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
Metagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its users, among other reasons. The team behind nonfungible token collection…
9 crypto leaders share advice for proof-of-humanity solution builders
Respect for users’ personal privacy must be top of mind when developing proof-of-humanity identity solutions. Trust is in shorter supply in the digital world these days. As artificial intelligence evolves…
Binance to reimburse users $1M for Cyber Earn incident
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue. Crypto exchange Binance is refunding users 1 million Tether ($1 million) over…
NFT Collector: Creative AI art, Tomorrowland sells tomorrow’s future
AI art is gaining acceptance while Squiggles inch closer to the finish line. Greg Oakford, co-founder of NFT Fest Australia, is your guide to the world of NFTs from a…
Taiwan to restrict unregistered, noncompliant foreign crypto exchanges
Taiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country. East Asian country Taiwan is reportedly planning to put restrictions on unregistered overseas…
Ron DeSantis’ falling polls: Could crypto lose its candidate?
The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining. Miami Mayor Denis Suarez, who’s running for president of the…
Understanding crypto custody: What different solutions entail for investors and businesses
Overall, businesses and individuals should constantly scrutinize their custodial strategies to ensure their funds are properly managed. As crypto continues to cement itself into our financial system, the question of…
Marketing company wants 90% of Japanese population on Web3: KBW 2023
Ava Labs head of product Nick Mussallem explained how Japanese company Loyalty Marketing is aiming to introduce Web3 to its 100 million users. Proof-of-stake (PoS) blockchain platform Avalanche is expecting…