Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, the Nansen CEO Alex Svanevik disclosed on Twitter that the company had to make an “extremely difficult decision to reduce the size of the Nansen team.” Full statement: pic.twitter.com/cxSTtZBiZU — Alex Svanevik (@ASvanevik) May 30, 2023 Svanevik gave two major reasons for the reduction…
Shahar Madar, the head of security products at Fireblocks, says Web3 startups need to think from the “attacker’s perspective” when planning security protocols. Source: https://cointelegraph.com/public/index.php/news/security-practices-for-web3-startups-israel-crypto-conference
A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and courts can use to determine the validity of deanonymized data on the Bitcoin (BTC) blockchain. The team’s preprint paper, “Argumentation Schemes for Blockchain Deanonymization,” lays out a blueprint for conducting, verifying and presenting investigations into crimes involving cryptocurrency transactions. While the paper focuses on the German…
The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities. Source: https://cointelegraph.com/public/index.php/news/sec-settles-case-against-wahi-brothers-for-coinbase-insider-trading
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation. Source: https://cointelegraph.com/app/public/index.php/news/what-the-anti-mining-bill-means-for-the-crypto-industry-in-texas
The United States Commodity Futures Trading Commission (CFTC) has issued a staff advisory letter to registered derivatives clearing organizations (DCOs) and DCO applicants, reminding them of the risks associated with expanding the scope of their activities. The letter from the CFTC Division of Clearing and Risk (DCR) specifically addressed digital assets. Staff advisory letters can remind addressees of their legal…
The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities. Source: https://cointelegraph.com/app/public/index.php/news/sec-settles-case-against-wahi-brothers-for-coinbase-insider-trading
Dozens of artificial intelligence (AI) experts, including the CEOs of OpenAI, Google DeepMind and Anthropic, recently signed an open statement published by the Center for AI Safety (CAIS). We just put out a statement: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.” Signatories include Hinton, Bengio,…
Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space. In a May 30 blog post, Bybit said it will not accept account opening applications from Canadians starting on May 31. Current users of the crypto exchange will have until July 31 to make…
United States prosecutors will drop some of the charges against former FTX CEO Sam-Bankman Fried if The Bahamas government objects to them, according to a document filed on May 29 in the U.S. District Court for the Southern District of New York. And the charges against Sam Bankman-Fried are beginning to disappear… h/t @DecentFiJC pic.twitter.com/JEIF0uR31i — @amuse (@amuse) May 30,…
