The governance token for crypto mixer Tornado Cash (TORN) has fallen by over 50% on Nov. 26-27, according to data from Coingecko. The crash came on the same day that crypto exchange Binance announced it was delisting the token. Tornado Cash 24-hour chart. Source: Coingecko. Tornado Cash is a cryptocurrency mixing protocol. Its token, TORN, is used to vote on…
Changpeng “CZ” Zhao, former CEO of crypto exchange Binance, must stay in the United States for now, a federal judge ruled Monday. This comes after Zhao pleaded guilty last week to violating the Bank Secrecy Act. The decision puts on hold an earlier ruling that would have allowed Zhao to return to his family in the United Arab Emirates while…
The rapid proliferation of disruptive AI tools has led many to compare the rapid development of artificial intelligence to a nuclear arms race. Hollywood is one industry furiously fighting against its encroachment, and prominent high-level voices form a chorus of apocalyptic prophets. Ridley Scott: “Lock it down” Ridley Scott is the latest Hollywood icon to add his voice to the…
As long as there’s hope for a Bitcoin ETF, institutional investors keep pouring cash into crypto funds, according to a new report from CoinShares. The European digital asset manager clocked $346 million worth of deposits to crypto exchange-traded products (ETPs) last week. That’s the highest they’ve been over 9 consecutive weeks of net inflows—bringing year-to-date deposits to $1.5 billion. Deposits…
Final Fantasy and Kingdom Hearts maker Square Enix kicked off the first NFT auction Monday for its upcoming game, Symbiogenesis, and said that it will give out free NFTs as gifts to bidders who participate in the process. The publisher also revealed the launch date for the game. According to Square Enix, the browser-based Ethereum and Polygon NFT game Symbiogenesis…
A pair of researchers from ETH Zurich, in Switzerland, have developed a method by which, theoretically, any artificial intelligence (AI) model that relies on human feedback, including the most popular large language models (LLMs), could potentially be jailbroken. Jailbreaking is a colloquial term for bypassing a device or system’s intended security protections. It’s most commonly used to describe the use…
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal. Source: https://cointelegraph.com/news/the-end-of-an-era-for-binance-troubles-for-kraken-law-decoded-nov-20-27
Bitcoin held on Monday to most of the gains made over Thanksgiving week, with continued anticipation regarding the coin’s upcoming halving event and optimism surrounding the still-unconfirmed approval of a spot Bitcoin ETF keeping the cryptocurrency hovering near highs not seen in well over a year. The world’s top cryptocurrency currently sits at $36,940 according to data from CoinGecko. That’s…
Solana DeFi platform Jito announced Monday that it is launching a governance token, JTO, to let holders vote on future key decisions for the liquid staking protocol. The token will be airdropped to early Jito users. “It is time to formalize governance of the network in the hands of those who make it thrive—the widespread community of Jito users and…
Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing. According to a Nov. 27 filing in U.S. District Court for the Western District of Washington at Seattle, Judge Richard Jones stayed…
