In 2021, online payment fraud grew 14%, from $17.5bn to over $20bn. At the same time, 46% of organizations surveyed by PwC reported experiencing fraud, corruption, or economic crimes in the last 24 months, with 70% of those coming via an external attack or collusion. There are hundreds of different statistics that all mark the […]
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Paris Blockchain Week announces star-studded list of nominees for the inaugural edition of the Paris Blockchain Week Awards Awards recognize leadership, innovation and contributions to new digital economy E-voting starting on February 22nd 2023 and open to all via blockchain for unprecedented transparency Awards ceremony scheduled March 23rd 2023 at the Carrousel du Louvre PARIS, Wednesday, […]
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Cudo, the team behind the sustainable Cudos blockchain, Cudo Compute and Cudo Miner, has introduced the latest exciting addition to the Cudos ecosystem – AuraPool, an NFT marketplace for hashrate collectibles. As a first-of-its-kind NFT marketplace, AuraPool connects NFT fans, digital art collectors, Bitcoin miners, casual gamers, and mining farms all via a frictionless platform […]
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Reading Time: 2 minutes Binance.US has pulled out of its takeover of Voyager Digital The two companies revealed the news yesterday, which Voyager called “disappointing” The takeover was stayed by a U.S. court following the CFTC’s recent lawsuit against Binance Binance.US has pulled out of its takeover of Voyager Digital following the charges laid against it by the Commodity Futures Trading Commission (CFTC) last month. Voyager tweeted yesterday that it “received a letter from Binance.US terminating the asset purchase agreement”, which was all but telegraphed after an eleventh-hour filing in the wake of the CFTC charges against Binance.US’s parent company asked the deal to
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Reading Time: 2 minutes The Bitcoin Legal Defense fund is preparing to fund its first case The fund, first mentioned by Twitter co-founder Jack Dorsey, solicits Bitcoin donations to help developers fight lawsuits relating to their work The first case will see the developers defend themselves against Craig Wright’s spurious claims The recently established Bitcoin Legal Defense Fund, fronted by Twitter and Block co-founder Jack Dorsey, is preparing to support a cabal of developers in its first case. The fund, which Dorsey proposed over a year ago, will help pay the legal bills for the developers who face a series of lawsuits from Craig
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Key takeaways Crypto storage provider Zodia Custody has raised $36 million in a recent funding round. The crypto-focused subsidiary of Standard Chartered will use the funds for international expansion. The funding round was led by SBI Holdings and SC Ventures Zodia Custody raises $36 million Zodia Custody, a crypto-focused subsidiary of Standard Chartered, has raised […]
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In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1.20 trillion — down 0.96% from $1.21 trillion. Bitcoin’s market cap rose 0.43 % to $563.18 billion during the period, while Ethereum’s market cap fell 1.24% to $227.40 billion. The top 10 cryptocurrencies saw mixed performance […]
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The crypto community scorned a Financial Times (FT) article for its lack of balance. Crime is a feature Jemima Kelly’s piece “Using crypto for crime is not a bug — it’s an industry feature” argued that speculation and criminality are the main uses for cryptocurrency. The author argues that since cryptocurrency operates “outside the system,” […]
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