A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche. The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon MATIC $0.5073 and BNB (BNB) tokens — their latest moves following the Sept. 4 exploit, according to blockchain security firm CertiK. The most recent transfer involved 300 BNB tokens worth about $61,500 to an externally owned address “0x695…” which were then bridged to the Avalan...

A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche. The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon MATIC $0.5073 and BNB (BNB) tokens — their latest moves following the Sept. 4 exploit, according to blockchain security firm CertiK. The most recent transfer involved 300 BNB tokens worth about $61,500 to an externally owned address “0x695…” which were then bridged to the Avalan...

Orderly hopes to distribute the DeFi load into on-chain and off-chain components to ensure a balance between speed and sufficient decentralization. The firm claimed this would streamline operations without compromising the inherent advantages of a decentralized system. The off-chain components will ensure that crucial interactions are carried out on-chain, while interactions that can be efficiently handled off-chain are processed away from the main blockchain. Google Cloud has joined forces w...

Orderly hopes to distribute the DeFi load into on-chain and off-chain components to ensure a balance between speed and sufficient decentralization. The firm claimed this would streamline operations without compromising the inherent advantages of a decentralized system. The off-chain components will ensure that crucial interactions are carried out on-chain, while interactions that can be efficiently handled off-chain are processed away from the main blockchain. Google Cloud has joined forces w...

On the future of cryptocurrency regulations, Drakeley believes regulations will catch up. She argues that part of the reason regulators haven’t yet done much is because there hasn’t yet been widespread adoption of cryptocurrency for payments. Once that changes, she says, regulators will step in to protect citizens. The same happened with data privacy on the web, and the same will happen with cryptocurrencies, according to the MobileCoin CEO. .On Episode 30 of Hashing It Out, Elisha Owusu Akya...

On the future of cryptocurrency regulations, Drakeley believes regulations will catch up. She argues that part of the reason regulators haven’t yet done much is because there hasn’t yet been widespread adoption of cryptocurrency for payments. Once that changes, she says, regulators will step in to protect citizens. The same happened with data privacy on the web, and the same will happen with cryptocurrencies, according to the MobileCoin CEO. .On Episode 30 of Hashing It Out, Elisha Owusu Akya...

The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia. Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute to its growth. In an announcement sent to Cointelegraph, Bitget revealed the Bitget EmpowerX Fund, which will invest $100 million into maximizing the company’s “long-term imp...

The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia. Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute to its growth. In an announcement sent to Cointelegraph, Bitget revealed the Bitget EmpowerX Fund, which will invest $100 million into maximizing the company’s “long-term imp...

Meta's Zuckerberg advocated for open-source AI, stating: “Open source democratizes access to these tools, and that helps level the playing field and foster innovation for people and businesses.” Meta and Microsoft recently teamed up to launch Llama 2, an open-source large language model from Meta that will feature on Microsoft’s Windows and cloud computing platform Azure. The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with ...

Meta's Zuckerberg advocated for open-source AI, stating: “Open source democratizes access to these tools, and that helps level the playing field and foster innovation for people and businesses.” Meta and Microsoft recently teamed up to launch Llama 2, an open-source large language model from Meta that will feature on Microsoft’s Windows and cloud computing platform Azure. The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with ...

Binance.US is the offshoot in the United States of global crypto exchange Binance. On June 5, the Securities and Exchange Commission filed a lawsuit against both crypto exchanges on charges related to unregistered securities offerings, and wash trading, among other violations. As per the SEC, Binance.US allegedly failed to register as a broker-dealer and failed to register the offer and sale of its staking-as-a-service programme. Since the lawsuit, Binance.US halted trading for over 100 token...

Binance.US is the offshoot in the United States of global crypto exchange Binance. On June 5, the Securities and Exchange Commission filed a lawsuit against both crypto exchanges on charges related to unregistered securities offerings, and wash trading, among other violations. As per the SEC, Binance.US allegedly failed to register as a broker-dealer and failed to register the offer and sale of its staking-as-a-service programme. Since the lawsuit, Binance.US halted trading for over 100 token...

think it’s useful to look at how many solutions are leveraging Bitcoin security through timestamping — or even better, merged mining — because all of that value will be leveraged and, thus, fed back into Bitcoin. For example Syscoin, Namecoin and Dogecoin merge mine and add value to ancillary chains. Many overlook the external value being built by leveraging Bitcoin security. – Jagdeep Sidhu, Syscoin Foundation Realized cap is an on-chain metric that shows the total sum of profits and losses ...

think it’s useful to look at how many solutions are leveraging Bitcoin security through timestamping — or even better, merged mining — because all of that value will be leveraged and, thus, fed back into Bitcoin. For example Syscoin, Namecoin and Dogecoin merge mine and add value to ancillary chains. Many overlook the external value being built by leveraging Bitcoin security. – Jagdeep Sidhu, Syscoin Foundation Realized cap is an on-chain metric that shows the total sum of profits and losses ...

As Cointelegraph previously reported, Deutsche Bank has been brewing plans to offer cryptocurrency custody and trading services to its clients over the past three years. The bank most recently applied for a digital asset custody license from Germany’s financial regulator, the Federal Financial Supervisory Authority, in June 2023 as it continues plans to offer its customers access to cryptocurrency markets and assets. Brahimi confirmed that the agreement is global in scope, with Taurus providi...

As Cointelegraph previously reported, Deutsche Bank has been brewing plans to offer cryptocurrency custody and trading services to its clients over the past three years. The bank most recently applied for a digital asset custody license from Germany’s financial regulator, the Federal Financial Supervisory Authority, in June 2023 as it continues plans to offer its customers access to cryptocurrency markets and assets. Brahimi confirmed that the agreement is global in scope, with Taurus providi...

In a press release, the HKMA said that using certain banking terms may be misleading the public, causing users to think that the crypto firms are authorized banks in Hong Kong. However, the central bank highlighted that under the region’s banking laws, only licensed institutions are allowed to carry out banking or deposit-taking businesses in Hong Kong. The central bank warned the public that firms describing themselves with words like “crypto bank,” “digital asset bank,” and “crypto asset ba...

In a press release, the HKMA said that using certain banking terms may be misleading the public, causing users to think that the crypto firms are authorized banks in Hong Kong. However, the central bank highlighted that under the region’s banking laws, only licensed institutions are allowed to carry out banking or deposit-taking businesses in Hong Kong. The central bank warned the public that firms describing themselves with words like “crypto bank,” “digital asset bank,” and “crypto asset ba...

Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle in the creative industries. Major players in the music industry, from artists and record labels to institutions like the Grammys and YouTube, have all had to factor in AI in some form. As traditional spaces in the music industry deal with technology, new platforms are pop...

Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle in the creative industries. Major players in the music industry, from artists and record labels to institutions like the Grammys and YouTube, have all had to factor in AI in some form. As traditional spaces in the music industry deal with technology, new platforms are pop...

Established in 2021, Helsing specializes in the creation of AI-powered military solutions and components, catering to projects such as the upcoming NATO Eurofighter aircraft upgrade and the Future Combat Air System (FCAS) initiative. Ever since the introduction of OpenAI's ChatGPT in November 2022, the rapid expansion of artificial intelligence has drawn parallels to a competitive race. A growing number of firms aim to offer governments and armed forces more efficient and cost-effective ...

Established in 2021, Helsing specializes in the creation of AI-powered military solutions and components, catering to projects such as the upcoming NATO Eurofighter aircraft upgrade and the Future Combat Air System (FCAS) initiative. Ever since the introduction of OpenAI's ChatGPT in November 2022, the rapid expansion of artificial intelligence has drawn parallels to a competitive race. A growing number of firms aim to offer governments and armed forces more efficient and cost-effective ...

Apart from this, the report highlighted that Germany also experienced its record share in global funding. The country reportedly attracted 2.4% of global blockchain funding and 2.5% of global deals. Compared to 2022's figures of 0.9% in global funding and 1.9% in global deals, the country saw an increase in percentage in both statistic in 2023. When it comes to Europe, Germany has also taken a fair share of funding within the region's blockchain ecosystem. The report noted that the ...

Apart from this, the report highlighted that Germany also experienced its record share in global funding. The country reportedly attracted 2.4% of global blockchain funding and 2.5% of global deals. Compared to 2022's figures of 0.9% in global funding and 1.9% in global deals, the country saw an increase in percentage in both statistic in 2023. When it comes to Europe, Germany has also taken a fair share of funding within the region's blockchain ecosystem. The report noted that the ...