Day: June 23, 2023

More regulatory action for Binance, Brazil’s branch director summoned

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The CPI, a Brazilian regulator, has sought the presence of Guilherme Haddad Nazar, the general director of Binance brokerage in Brazil, as a witness. Deputy Alfredo Gaspar has presented a motion, and the rest of the CPI will vote on it and debate it at their next meeting on June 27.  Integrante da CPI quer que Guilherme Haddad Nazar deponha na condição de testemunha; executivo é sobrinho do ministro da Fazenda, Fernando Haddadhttps://t.co/xn3tHREeED — Portal do…

3AC Ventures to fund OPNX development

OPNX, a cryptocurrency platform, has announced a partnership with 3AC Ventures, a newly established venture capital fund. The announcement was made public via a tweet from OPNX, expressing its excitement about the collaboration and their shared vision for a decentralized future. The founders of 3AC Ventures, Su Zhu and Kyle Davies, are no strangers to the crypto world. They were previously associated with 3 Arrows Capital, a fund that imploded. We are excited to announce OPNX’s ecosystem partner— 3AC Ventures. The partnership will invest in projects building in the OPNX…

Blame game rages over ASX’s failed CHESS system blockchain upgrade

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Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cointelegraph, calling the claims misleading. For the last seven years, the ASX was poised to be the world’s first securities exchange to adopt blockchain technology, which would be in partnership with the New York-based firm. However, in a u-turn, ASX announced on May 17 that it would be abandoning the upgrade and…

Mark Zuckerberg’s jiu-jitsu or Elon Musk’s street-fight ‘walrus’ — Who will win?

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Meta founder and CEO Mark Zuckerberg has emerged as a clear favorite among betters in a proposed “cage match” with Twitter owner and Tesla CEO Elon Musk. In the 48 hours since the Mixed Martial Arts (MMA) challenge was issued by Musk, sports betting firms and odds providers have already delivered preliminary odds for the billionaire’s bout. If the fight actually eventuates, the Brazilian Jiu-Jitsu-trained Zuckerberg has been marked with a 77% chance of winning the fight, according to Oddspedia, a sports betting platform that collates odds from several bookmakers.…

BitGo terminates plans to buy Prime Trust 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital assets custodian BitGo, will not be going forward with its planned acquisition of its rival crypto custody platform Prime Trust.  BitGo announced the termination of the purchase of Prime Trust via Twitter on June 22. Although the company did not state a reason for breaking off the acquisition deal, BitGo stated that the decision “was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets.” After considerable effort and…

Binance.US solves USD withdrawal issues but warns it won’t last long

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U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last. The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its system remains fully operational and that USD withdrawal requests are expected to go back to their normal five-business-day turnaround. On June 9, the exchange suspended dollar deposits and notified its customers of an incoming pause to fiat withdrawal channels amid its ongoing battle with the…

Shiba Wings customers love the food, not so much the crypto, says owner

After a grand opening in March, Australian fast-food diner Shiba Wings has seen plenty of customers walking through the doors for their fried delectables.  Their appetite, however, hasn’t translated to crypto payments. The Shiba Inu (SHIB) themed diner first opened its doors in Australia’s beachside city Surfers Paradise on March 18, 2023. Speaking to Cointelegraph, the pseudonymous owner of the diner, “Elijah,” said their first week saw roughly $168 (250 Australian dollars) worth of crypto payments. In the months that followed total crypto payments dropped off, falling to an average…

100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns

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Over the past year, more than 100,000 login credentials to the popular artificial intelligence chatbot ChatGPT have been leaked and traded on the dark web, according to a Singaporean cybersecurity firm. A June 20 blog post by Group-IB revealed just over 101,000 compromised logins for OpenAI’s flagship bot have traded on dark web marketplaces between June 2022 and May 2023. The login information was found in the logs of “info-stealing malware.” May 2023 saw a peak of nearly 27,000 ChatGPT-related credentials made available on online black markets. According to our…

Stacks up over 40%, ethereum is on an upward trajectory, tradecurve is up 80%

The cryptocurrency market is characterized by its ever-changing nature and the possibility of generating significant returns. Over the past few weeks, several digital assets have garnered interest from traders and enthusiasts. Notable among them are Stacks, Ethereum, and Tradecurve. These cryptocurrencies have experienced notable price fluctuations, capturing the attention of individuals interested in observing and investing in the market. In this discussion, we will explore the recent developments surrounding these coins and examine the reasons behind their increased prominence within the crypto community. >>Buy TCRV tokens now<< Stacks soar over…