FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU. Source: https://cointelegraph.com/public/index.php/news/ftx-clients-face-deceptive-priority-withdrawal-scam
Month: October 2023
Bitcoin core developer steps back from Lightning Network over “hard dilemma”
Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development, citing security issues and fundamental challenges to the Bitcoin ecosystem. According to a thread on the Linux Foundation’s public mailing list, Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks puts Lightning in a “perilous position.” How does…
Uniswap founder burns $650B HayCoin against speculation
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days. Adams deployed the HAY token for testing five years ago, before the launch of the decentralized protocol…
NASA Prepares Deep Space Mission—Why AI Will Play Important Role
As the new space race ramps up and humanity looks to deep space and potentially life as an interstellar species, the United States National Aeronautics and Space Administration (NASA) is preparing to launch a new high-powered lens into the void of deep space called the Nancy Grace Roman Space Telescope. NASA hopes to use the new telescope to further investigate…
This Week on Crypto Twitter: Fake ETF News Pumps Bitcoin
Bitcoin holders profited this week amidst a flurry of industry announcements—both real and apocryphal—about the industry’s elusive hunt to get a spot Bitcoin ETF greenlit by the SEC. Bitcoin’s price received an intraday boost of 10% on Monday, after crypto publication Cointelegraph falsely tweeted that TradFi asset management titan BlackRock had been approved to launch a U.S. Bitcoin spot ETF.…
Patricia exchange CEO announces debt restructuring via convertible notes
Following the launch of Patricia token (PTK) issued to customers to manage users’ debt by Patricia, a Nigerian cryptocurrency exchange, the chief executive officer of the exchange (CEO), Fejiro Hanu, has confirmed that customers now have the option to convert their owed funds into Patricia shares. According to a statement from the CEO, this process forms an integral component of…
FTX clients face deceptive priority withdrawal scam
Recently, a fraudulent priority withdrawal scam has surfaced, targeting FTX users. Sunil, an advocate for FTX, has utilized the social platform X (formerly known as Twitter) to caution FTX account holders about this phishing scheme and urges them to avoid clicking on any dubious links. Sunil’s message underscores the ever-evolving tactics employed by online scammers to deceive even the most…
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
Crypto-friendly Republican Congressman Tom Emmer is pursuing a nomination to become House speaker, with the 62-year-old receiving endorsement from multiple lawmakers. Congressman Patrick McHenry continues to oversee the position on an interim basis, following a first round of voting on Oct. 17 in which the Republican Party’s nominee for Speaker, Jim Jordan, failed to secure votes to overtake the role.…
‘Every customer solution’ will be integrated with AI: Microsoft CEO Satya Nadella
Microsoft looks set to go all-in on artificial intelligence, with CEO and chairman Satya Nadella outlining intentions to integrate AI with essentially all its customer solutions and every layer of tech stacks. The firm has made several significant AI plays in 2023, with its partnership with OpenAI and its web browser-integrated AI Copilot being key examples of this. Here’s my…
Binance Is Like a Grocery Store Selling Oranges and SEC Should Leave It Alone, Says Crypto Lobby Group
The US Chamber of Digital Commerce, a crypto advocacy group, is backing Binance in its fight against the U.S. Securities and Exchange Commission, which charged the crypto exchange’s American affiliate with various securities violations earlier this year. In an amicus brief filed Thursday, the group said the SEC is stifling financial innovation and driving crypto startups offshore by creating a…