With the field of artificial intelligence evolving at near breakneck speed, scammers now have access to tools that can help them execute highly sophisticated attacks en masse, warns the co-founder of Web3 security firm Quantstamp. Speaking to Cointelegraph at Korea Blockchain Week, Quantstamp’s Richard Ma explained that while social engineering attacks have been around for some time, AI is helping hackers…
Month: September 2023
Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race
Tharman Shanmugaratnam has served as Singapore’s finance minister and the head of the country’s financial regulator during his time in government. Source: https://cointelegraph.com/public/index.php/news/former-mas-chair-called-crypto-highly-risky-wins-singapore-presidential-race
Solana YTD inflows suggest it’s the ‘most loved altcoin’ — CoinShares
Solana (SOL) investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins including Ether (ETH), suggesting it’s the “most loved altcoin amongst investors” according to CoinShares. In a Sep. 4 Digital Asset Fund Flows weekly report, CoinShares’ head of research James Butterfill noted that trading volumes for crypto investment products for the week ending Sep. 1…
Casio Dropping Free NFTs to ‘Co-Create’ Virtual G-Shock Watches
Japanese electronics giant Casio is expanding its sporty G-Shock watch brand into the metaverse with the launch of Virtual G-Shock, a blockchain-based “community co-creation” program in partnership with Polygon Labs. The first step on the roadmap is a collection of 15,000 free-to-mint G-Shock Creator Pass NFTs, which afford holders access to the program’s newly unveiled Discord channel. There they can…
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate. Stake confirmed that all services resumed at 9:28pm UTC time on Sept. 4 — a few hours after the platform confirmed that several unauthorized transactions were made on…
Digital euro can ward off a host of private payment service ills: ECB official
The European Central Bank (ECB) is quite happy with the European Commission’s (EC) legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the European Parliament’s Committee on Economic and Monetary Affairs in a speech on Sept. 4 that the proposals “put Europe at the forefront of advanced economies” in CBDC development, potentially heading off private dominance…
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
On Aug. 29, crypto asset manager Grayscale Investments scored a major victory against the United States Securities and Exchange Commission in its efforts to convert its over-the-counter Grayscale Bitcoin Trust (GBTC) into a listed Bitcoin exchange-traded fund (ETF). The U.S. Court of Appeals Circuit Judge Neomi Rao ordered Grayscale’s petition for review be granted and the SEC’s order to deny…
OpenAI Plugs ChatGPT Into Canva to Sharpen Its Competitive Edge in AI
Tapping into the broad and rapidly evolving social marketing space, OpenAI has unveiled a Canva plugin for its popular chatbot, ChatGPT. This strategic move aims to make the process of creating visuals such as logos, banners, and more, even more simple for businesses and entrepreneurs. This latest integration could revolutionize how users generate visuals, OpenAI says, offering a streamlined and…
Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares
Interest in altcoins may have waned as big crypto investors pull cash out of funds, but one coin still has them excited: Solana. Over the past seven weeks, investors have largely withdrawn from crypto investment products, European digital asset manager CoinShares said in a Monday report. But for the past nine weeks, institutional investors have meanwhile been plugging cash into…
Crypto Market Might Look Calm, But It’s ‘Swimming Like Mad’ Beneath the Surface: Analyst
Institutions are evenly split on crypto funds this week, according to the latest analysis from CoinShares. The firm’s latest report shows that the last seven days were marked by a meager $11.2 million in outflows,suggesting that neither bulls nor bears are in charge. Digging a bit deeper, however, the larger picture reveals more insight. Trading volumes jumped 90% above the…