Avalanche-Based Stars Arena Falls Victim To a $3M Hack
Web3 social media app Stars Arena has lost around $3 million worth of AVAX tokens from its smart contract following an exploit. The Avalanche-based protocol Go to Source
Prosecutors Seek To Block SBF From Bringing Up Anthropic AI’s Burgeoning Value During Trial
Assistant US Attorney Thane Rehn has filed a motion asking Judge Lewis Kaplan to block Sam Bankman-Fried (SBF) from bringing up Anthropic in his trial, Go to Source
EU mulls more restrictive regulations for large AI models: Report
Negotiators in the EU are reportedly considering additional restrictions for large AI models – like OpenAI’s GPT-4- as a component of the forthcoming AI Act. Representatives in the European Union…
Ukraine rolls out AI regulation roadmap
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws. Ukraine’s Ministry of Digital Transformation presented its…
Binance, OKX to comply with new financial promotions rules in UK
Crypto firms such as Binance, OKX and MoonPay have announced they’ve been working to comply with the United Kingdom’s new financial promotion rules. Major global cryptocurrency exchanges like Binance and…
War, CPI and $28K BTC price — 5 things to know in Bitcoin this week
Bitcoin prepares for a testing macro week as geopolitical uncertainty injects volatility into gold, oil and the U.S. dollar, but BTC price action has yet to react. Bitcoin (BTC) starts…
South Korean Crypto Market Cap Surged by 46% in H1 2023, Hitting $21B
South Korea’s Financial Services Commission (SFC) revealed that the country’s crypto market cap experienced a massive surge in the first half of this year, nearly Go to Source
Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say
United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team. United States…
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts. Nonfungible token (NFT) platform OpenSea says it is…
Crypto exchange Upbit targeted by hackers 159K times in H1: Report
The figure is more than double recorded in the first half of 2022 and a massive 1,800% increase from the same period in 2020, according to Dunamu. South Korean cryptocurrency…
Gitcoin screws up transfer, sends $460K to unrecoverable address
Gitcoin’s project lead said the snafu has resulted in nearly half a million in funds being forever locked in a one-way contract address. Crypto developer platform Gitcoin has admitted to…
US consumer watchdog mulls applying e-banking laws to crypto
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. The top United States agency for…
FTX used Python code to fake its insurance fund figure: Gary Wang
FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange. Crypto exchange FTX used hidden Python code to misrepresent the…
Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO
During an episode of The Joe Rogan Experience, Altman expressed his excitement for Bitcoin and also said he was “super against” CBDCs. OpenAI CEO Sam Altman has called Bitcoin (BTC)…
Ripple CTO seeks community consensus for XRPL AMM feature adoption
David Schwartz stated that the changes could be implemented in as little as two weeks if a majority supports the amendment. Ripple chief technology officer David Schwartz has advocated for…