The dispute over whether or not to reveal the names of customers at collapsed crypto exchange FTX continues. At a Thursday hearing, Kevin Cofsky—partner at investment bank Perella Weinberg Partners—said that releasing the names of the customers would hurt the sales process of the shuttered exchange, which is attempting to recover and sell assets to repay creditors. Perella Weinberg has…
Researchers from ETH Zürich, Swiss Data Science Center, and SRI International in New York have utilized the power of OpenAI’s GPT-2 architecture to develop PassGPT, a password-guessing model built on a large language model (LLM). And it’s trained on a trove of leaked passwords from various hacks and exploits. The main intent behind PassGPT is to decode the cryptic features…
Real-world asset (RWA) protocols have become a hot trend within DeFi circles. A real-world asset (RWA) protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols. DeFi provides certain advantages over TradFi by making the…
The United States Justice Department has unsealed charges against two men it says are responsible for the $400 million hack of former Bitcoin (BTC) exchange Mt. Gox. According to the announcement, 43-year-old Alexey Bilyuchenko and 29 year old Aleksandr Verner allegedly conspired to launder 647,000 BTC they stole from Mt. Gox through a hack of the exchange’s servers. Bilyuchenko is…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The United States Securities and Exchange Commission’s (SEC) lawsuits against two leading centralized crypto exchanges — Binance.US and Coinbase — have led to a surge in DeFi trading volume over the past…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG The July 2022 announcement that Minecraft planned to ban the use of NFTs on player-run servers sent a shockwave through the Web3 world. Nearly a year later, however, that planned action has yet to take effect—but it’s still coming. Microsoft-owned game developer Mojang issued a news post last summer…
Ava Labs Head of Gaming Ed Chang shares news with Decrypt’s Kate Irwin about the crypto firm’s latest push to help traditional game developers break into blockchain gaming. Source: https://decrypt.co/videos/interviews/XPHp9r4j/ava-labs-announces-avalanche-arcad3-for-game-developers-at-3xp
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Ava Labs, the crypto firm supporting the Avalanche blockchain, announced today that it is launching Avalanche Arcad3, a collaborative program for traditional game developers to explore blockchain game integrations. As a part of the announcement exclusively shared with Decrypt and GG, Ava Labs also shared that Japanese metaverse and…
Cryptocurrency exchange Crypto.com said Friday that it will wind down its institutional service for American clients on June 21. The Singapore-based digital asset platform added that it made the decision due to “limited demand from institutions in the U.S. in the current market landscape.” Institutional investors are large, accredited customers with more money to invest than typical retail clients. Only…
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course? Source: https://cointelegraph.com/news/price-analysis-6-9-btc-eth-bnb-xrp-ada-doge-sol-matic-ltc-dot
