Chinese public servant jailed for for selling state secrets for crypto, and Korean YouTuber accused of fleecing $230M from 15,304 followers. Source: https://cointelegraph.com/magazine/crypto-spy-life-sentence-china-youtuber-fraud-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
The Best Use of AI Ever: A ‘Grandma’ Built To Waste Telescammers’ Time
British telecom giant O2 announced what could be the first deployment of conversational AI specifically designed to counter telephone fraud in the UK telecommunications sector. The hero: a clueless grandma who endlessly and frustratingly digresses while idiot scammers attempt to hoodwink her out of money. The system, dubbed “Daisy,” uses AI models to snare fraudsters in meandering conversations lasting up…
Trump picks ex-SEC chair Jay Clayton as US Attorney for Manhattan
Former SEC Chair Jay Clayton has been given a new role by President-elect Donald Trump, who will be inaugurated on Jan. 20. Source: https://cointelegraph.com/news/trumps-former-sec-chair-us-attorney-southern-district-new-york?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake?
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies. Source: https://cointelegraph.com/news/bitcoin-corrects-as-us-inflation-data-emerges-is-the-rally-to-100k-at-stake?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process. Source: https://cointelegraph.com/news/ethereum-based-rollup-taiko-inspired-china-censorship?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
18 States Sue SEC, Gensler, Commissioners in Unprecedented Crypto Regulation Battle
Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth. 18 States Sue SEC, Gensler, and All Commissioners Over Alleged Overreach in Cryptocurrency Regulation Eighteen U.S. states have sued the Securities and Exchange Commission (SEC), its Chair Gary […] Source: https://news.bitcoin.com/18-states-sue-sec-gensler-commissioners-in-unprecedented-crypto-regulation-battle/
Trump mulls tapping crypto-friendly CFTC chair: Report
Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration Source: https://cointelegraph.com/news/trump-mulls-crypto-friendly-cftc-chairs-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfinex hacker sentenced to 5 years in prison
US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange. Source: https://cointelegraph.com/news/bitfinex-hack-money-laundering-ilya-lichtenstein-sentenced?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arkham launches points program to woo derivatives traders
The program will last for 30 days and points will be convertible to Arkham’s native token, ARKM. Source: https://cointelegraph.com/news/arkham-launches-points-program-woo-derivatives-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wall Street’s EDX crypto exchange hits $36B trading volume in 2024
According to EDX Markets, its average daily volume rose by 59% over the third quarter of 2024. Source: https://cointelegraph.com/news/wall-street-edx-crypto-exchange-hits-36-b-trading-volume-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound