Binance and its former CEO, Changpeng Zhao (CZ), are facing a revived class action lawsuit in the U.S. District Court for the Western District of Washington, Seattle. The lawsuit, filed by three cryptocurrency investors, alleges that Binance facilitated money laundering of stolen crypto assets, making them untraceable. The plaintiffs claim that their stolen crypto was […] Source: https://news.bitcoin.com/binance-faces-renewed-legal-battle-over-alleged-crypto-money-laundering/
Month: August 2024
McAfee introduces AI deepfake detection software for PCs
McAfee releases the first AI-powered deepfake detection software, available for select Lenovo AI PCs, which aims to protect users from “digital deception” through AI-generated fake content. Source: https://cointelegraph.com/news/mcafee-ai-deepfake-detector-lenovo-pcs-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin macro top due in 2025 despite 'confusing' March all-time high
Bitcoin still has the best of its bull market ahead of it, trader and analyst CryptoCon believes, with a six-figure BTC price target to match. Source: https://cointelegraph.com/news/bitcoin-macro-top-in-2025-confusing-march-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto phishing attack drains $55M from whale’s wallet
Blockchain security experts warn against signing unknown transactions and highlight the growing threat of phishing scams in crypto. Source: https://cointelegraph.com/news/crypto-whale-loses-55m-phishing-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Roman Ziemian Arrested in Montenegro for Alleged $21 Million Cryptocurrency Fraud
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement operation involving Montenegrin authorities and Interpol. Ziemian, who was living under a false identity in Podgorica, now faces potential extradition to either Poland or South […] Source: https://news.bitcoin.com/roman-ziemian-arrested-in-montenegro-for-alleged-21-million-cryptocurrency-fraud/
OpenAI offers GPT-4o fine-tuning for companies in AI service shift
OpenAI is paving the way for a new era of AI as a service and increasing its model training materials. Source: https://cointelegraph.com/news/openai-gpt4o-fine-tuning-business-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations
Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $1.38 trillion syndicated loan market. The collaboration highlights the growing integration of crypto assets […] Source: https://news.bitcoin.com/ledn-secures-landmark-50-million-bitcoin-backed-loan-from-sygnum-to-expand-retail-lending-operations/
How high can Bitcoin price go in the run-up to the US election?
Bitcoin may reach a new record high in the days leading up to the Donald Trump-Kamala Harris faceoff in November, onchain and technical signals show. Source: https://cointelegraph.com/news/how-high-can-bitcoin-price-go-run-up-us-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
El Salvador launches Bitcoin certifications for civil servants
El Salvador’s government aims to upskill 80,000 employees through a comprehensive Bitcoin certification program, emphasizing strategic management and public policy. Source: https://cointelegraph.com/news/el-salvador-bitcoin-certifications-government-employees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tron memecoin deployer ‘SunPump’ tops $1M in revenue 11 days after launch
After 11 days of operation — including a brief downtime — the memecoin platform SunPump has helped create over 18,000 tokens. Source: https://cointelegraph.com/news/memecoin-deployer-sunpump-1m-revenue-days-after-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound