Day: August 4, 2023

Shiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaign

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Shytoshi Kusama, the lead developer of Shiba Inu, has given a response to Coinbase’s Onchain Summer campaign. He suggested that Coinbase’s campaign seemed to have similarities with the ideas originally presented by the Shiba Inu community. Kusama responded to Coinbase’s CEO, Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a copycat.” On August 3, Armstrong showcased in a tweet the use of the Base bridge, launched the previous day, while highlighting Coinbase’s upcoming Onchain Summer initiative. Coinbase is preparing to launch its Ethereum Layer 2 solution,…

The anatomy of a cyberattack

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Cyberattacks have emerged as a serious threat to people, organizations and governments in today’s digitally connected world. A cyberattack is a malicious attempt to exploit vulnerabilities in computer systems, networks or software for nefarious purposes. Understanding the anatomy of a cyberattack is essential for individuals, businesses and governments to develop effective cybersecurity strategies. To shed light on the changing environment of cyber threats, this article will discuss the essential elements of a cyberattack, and the stages involved in phishing and ransomware attacks. The stages involved in a cyberattack Reconnaissance The…

Implications Of Bill Ackman’s 30-Year T-Bills Short

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What does this mean for Bitcoin and the broader crypto market? In a surprising move that has sent ripples through the financial world, billionaire hedge fund manager Bill Ackman recently announced that he is shorting 30-year Treasury bills. Ackman predicts that yields could soon skyrocket to 5.5%, a move he is positioning as a hedge against the impact of long-term rates on stocks in a world he believes will be characterized by persistent 3% inflation. “I have been surprised how low US long-term rates have remained in light of structural…

Massachusetts launches probe into AI in securities industry

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Massachusetts securities regulators have started a new investigation into the use of artificial intelligence (AI) in the securities industry, after becoming increasingly concerned about the implications. On Aug. 3, Massachusetts Secretary of the Commonwealth William Galvin officially announced an investigation into the ways in which firms may be using AI in their interactions with Massachusetts investors. Galvin’s securities division on Aug. 2 sent letters of inquiry to a number of registered and unregistered firms known to be using or developing the use of AI for business purposes in the securities…

Israel-based bourse teams up with Fireblocks

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Israel is expanding its regulated cryptocurrency offerings through the Tel Aviv Stock Exchange (TASE) by partnering with Fireblocks to provide secure institutional-grade services, according to an Aug. 1 press release. Forging partnerships This collaboration will enable TASE to offer digital asset solutions to regulated entities and advance Project Eden, a government digital bond initiative via blockchain technology.  Fireblocks’ CEO believes their products and services will be foundational to the future of Israel’s economy.  The deal follows Fireblocks’…

Actor Adam DeVine appears in new Bitget exchange ad

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American actor and comedian Adam DeVine has appeared in a new paid advertisement created by crypto exchange Bitget. “Now it’s time to make our wildest dreams come true. Trade crypto from the comfort of your race car bed at 2:00 am. I don’t give a care. Business hours? Thing of the past,” says DeVine in a newly released clip, titled “Crypto and Chicken Nuggets.” Actor Adam DeVine in the new Bitget advertisement. Source: Bitget Throughout the video, the actor can be seen holding a smartphone and making jokes regarding the…