Crypto analytics platform Nansen reported a security breach this morning, noting that some users’ blockchain addresses and password hashes had been exposed, along with email addresses. In a public letter, the analytics firm wrote that the breach had occurred after one of its third-party vendor’s
Description As Brazil bans Binance crypto derivative offerings, the exchange is looking at another setback. In its official statement, the Securities and Exchange Commission (SEC) of Brazil mentioned that Binance could not offer crypto derivative products as the exchange is not registered with the authorities
Google is going all in on artificial intelligence, integrating AI capabilities throughout its suite of products including Google Docs and Search. The tech giant aims to use AI to enhance user experiences, tap into new creative possibilities, and optimize workflows—and its latest target is YouTube.
The United Kingdom’s Financial Conduct Authority (FCA) warned crypto businesses on Thursday to fall in line with new financial promotion rules, which the vast majority of businesses appear to be ignoring. In a public letter published by the FCA, the regulator said that only 24
Description Binance outlined a Thursday consultation with the European Banking Authority, revealing plans to delist stablecoins for the European market by June 2024. This announcement comes after the newly passed Markets in Crypto Assets (MiCA) legislation, a pivotal piece of European crypto regulation. The legislation,
Description Binance, led by its audacious CEO Changpeng “CZ” Zhao, is clapping back at the U.S. Securities and Exchange Commission (SEC). With a confidence only a global cryptocurrency exchange can muster, the company is pushing the court to dismiss the SEC’s lawsuit that seems more
Description Recent data compiled by Bloomberg reveals a concerning trend for China, as capital outflows reached $49 billion in August. This marks the highest monthly capital outflow since December 2015, creating added pressure on the Chinese yuan. Analysts attribute this phenomenon to several factors, including
Stablecoin issuer Tether has resumed providing new loans denominated in USDT to clients, a move that comes nearly a year after the company had announced its intention to discontinue offering collateralized loans in 2023. The revelation comes from the company’s latest quarterly financial update, which
The House Financial Services Committee (HFSC) passed the CBDC Anti-Surveillance State Act on Wednesday, readying the legislation for a future vote on the House floor. Proposed by crypto-supportive Congressman Tom Emmer (R-MN), the legislation aims to bar the Federal Reserve from issuing a Central Bank
Seeking to defy the odds of a prolonged bear market, billionaire investor Tim Draper has unveiled a new crypto-centric venture studio, Draper Goren Blockchain (DGB). It comes with a clear mission: to accelerate “DeFi innovations,” layer-2 network scaling solutions, and consumer apps including gaming and