Day: November 27, 2023

Japanese firm CGV invests $5m in Blast network

Japanese firm CGV invests $5 million in the newly launched Layer 2 solution Blast network. The Japanese cryptocurrency investment firm CGV announced it has invested $5 million in the Blast network. This investment is part of a collaborative effort to further the development of this Layer 2 solution. Blast has garnered significant attention in the venture capital world, with heavyweights like Paradigm, Standard Crypto and Mechanism Capital investing a collective $20 million. The project is spearheaded by Pacman, the founder of Blur, and boasts a team with impressive credentials from…

Hamas And Hezbollah Pick Tron Instead Of Bitcoin In Crypto Shift, Report

TRON (TRX), a blockchain-based digital platform, has surpassed Bitcoin (BTC) as the platform of choice for financial transfers by groups such as Hamas and Hezbollah, which are designated terrorist organizations by the US, UK, and other countries. According to a Reuters report, this development has opened a new front in Israel’s battle against the funding of alleged Iranian-backed militant groups. Tron Wallets Targeted In Israeli Seizures According to the report, a comprehensive analysis of crypto seizures announced by Israeli security services since 2021 highlights a significant increase in targeting TRON…

SPB Exchange Battles Fraudulent Bankruptcy Claims

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Russia’s second-largest trading bourse, SPB Exchange, is embroiled in a bizarre situation involving bankruptcy claims. These claims, purportedly filed by fraudsters, caused the exchange’s shares to fall. Dedicated Forex cloud solutions with stable and fast cross-border connections capable of high-demand scenarios. Alibaba Cloud helps Forex traders to operate securely and globally. Click to know more! According to a report by Reuters, SPB Exchange has clarified that it did not initiate any bankruptcy proceedings, emphasizing that it was financially stable with no signs of insolvency. Notably, two separate filings dated November…

Researchers at ETH Zurich created a jailbreak attack that bypasses AI guardrails

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A pair of researchers from ETH Zurich, in Switzerland, have developed a method by which, theoretically, any artificial intelligence (AI) model that relies on human feedback, including the most popular large language models (LLMs), could potentially be jailbroken. Jailbreaking is a colloquial term for bypassing a device or system’s intended security protections. It’s most commonly used to describe the use of exploits or hacks to bypass consumer restrictions on devices such as smartphones and streaming gadgets. When applied specifically to the world of generative AI and large language models, jailbreaking…

Crypto analyst sees opportunities amid Bitcoin stability

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Bitcoin has stabilized around the $37,000 level, remaining rangebound as it seems to take a break between potential moves up or down, according to the crypto analyst and trader in his YouTube video on Nov. 27th. The host believes this period of sideways trading for Bitcoin (BTC) creates opportunities in other cryptocurrencies that are still seeing significant price movement. As long as there’s money in the market, Bitcoin can go quiet. […] It can slow down, but you will have something moving that was not moving last week. In particular,…

This exchange is expanding its short-term options portfolio as ‘zero-day’ bets boom

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The Nasdaq MarketSite is seen on October 12, 2022 in New York City. The Nasdaq Composite Index yesterday hit its lowest level since July, slipping into a bear market for the second time this year. (Photo by Michael M. Santiago/Getty Images) Michael M. Santiago | Getty Images The rapid growth in short-dated options that have become popular with hedge funds and retail traders alike is now spreading beyond stocks into other asset classes. The Nasdaq last week launched new two-week options contracts that expire on Wednesdays based on the following…

Ripple IPO May Be Delayed, Crypto Pundit Gives Reasons Why

Crypto Pundit, Dushyant Shahrawat has suggested that the decline in the global financial technology companies may result in a delay in the highly anticipated Ripple IPO.  FinTech Challenges May Push Back Ripple IPO Timeline An XRP community member, Crypto Eri has shared details about Ripple IPO’s timeline in a post on X (formerly Twitter). The X post briefly shed light on a recent interview on NASDAQ Trade Talks, between global markets Reporter, Jill Malandrino and investment banker at Rosenblatt Securities, Dushyant Shahrawat. When asked about his views on the current…

The end of an era for Binance, troubles for Kraken: Law Decoded

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Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal. Last week, the legal drama featuring the world’s largest crypto exchange and United States law enforcement ended with a plea deal. Binance and Changpeng “CZ” Zhao have admitted violating U.S. Anti-Money Laundering laws, agreeing to pay $4.3 billion in fines. CZ resigned as CEO of Binance as part of the deal. Binance’s former head of regional markets outside the U.S., Richard Teng, is the new CEO. Cardano founder Charles Hoskinson reflected on the plea…