Deepfake scams are everywhere, and detecting them with the naked eye is fast becoming impossible. Awareness and education need to be improved. Source: https://cointelegraph.com/news/crypto-industry-needs-to-ramp-up-defenses-against-celebrity-deepfake-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Ethereum Giant Consensys Lays Off 20% of Staff Amid ETH Slump
Ethereum software giant Consensys announced on Tuesday that it has laid off 20% of its global workforce, amid a slowly recovering crypto economy that has failed, for months, to bring ETH’s stubbornly stagnant price along with it. The decision affected 163 of Consensys’ 828 employees, and touched every department in the company, a Consensys spokesperson told Decrypt. Impacted employees will…
Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program
A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly disclosed on social media. Public Records Investigation on Salvadoran ‘Adopting Bitcoin’ Visa Program Contradicts Official Numbers With its improvements in cryptocurrency regulation and personal security, […] Source: https://news.bitcoin.com/public-records-inquiry-reveals-the-failure-of-salvadoran-bitcoin-millionaire-investor-visa-program/
Elon Musk’s Dogecoin Pump Boosts Other Meme Coins Amid Trump Rally Tour
Twitter owner and Tesla CEO Elon Musk appears to have inspired multiple meme coins to run as he continues to tour the United States with Donald Trump’s presidential campaign. This includes a micro-cap Solana token launched via Pump.fun spiking by 10,000%, as well as other Musk-inspired tokens posting double-digit gains. Musk has joined Trump on stage multiple times over the…
How do crypto derivatives work?
Explore the mechanics of crypto derivatives, including futures, options and perpetual contracts, as well as the role of leverage, margin requirements and their impact on trading strategies. Source: https://cointelegraph.com/explained/derivatives-in-crypto-explained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robert Downey, Jr. to ‘Sue All Future Executives’ Who Create His AI Digital Replica
“Iron Man” star Robert Downey, Jr. is laying down some boundaries on the use of his likeness for digital replicas created with generative AI. The actor, who appeared in eleven Marvel Cinematic Universe films as Tony Stark, told the “On With Kara Swisher” podcast that he would “sue all future executives” who attempted to create a digital replica of him.…
Could Trump’s 2024 Win Be Blocked? The Question of ‘Will They Let Him Win’ Grows
With the countdown to Election Day ticking down to just a week, Donald Trump is leading in both polling and betting markets. As a result, a new question has surfaced: if Trump wins the electoral college, will Democrats accept him as the 47th president? Could Arguments Resurface to Challenge Trump’s Win in 2024? With the […] Source: https://news.bitcoin.com/could-trumps-2024-win-be-blocked-the-question-of-will-they-let-him-win-grows/
Bitmain Denies Allegations Tying It to Huawei Supply Chain Investigation
Bitmain, a leading cryptocurrency mining hardware manufacturer, refuted claims linking it to a supply chain investigation involving Huawei following multiple media reports. The company issued a formal statement on Twitter yesterday denying any involvement in the ongoing probe, calling the reports “false and baseless.” Bitmain also warned it may pursue legal action against media outlets spreading false information. The controversy…
Consensys to cut workforce by 20% — CEO outlines decentralization plans
Consensys CEO Joe Lubin confirmed that the firm’s restructuring plan will impact 162 permanent employees. Source: https://cointelegraph.com/news/consensys-cuts-workforce-20-percent-ceo-outlines-decentralization-plans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins essential for US dollar’s future, says Paxos CEO
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency. Source: https://cointelegraph.com/news/stablecoins-essential-for-us-dollar-future-paxos-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound