Category: crypto
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Crypto investors are ramping up personal security as physical attacks surge: Report
Amid rising physical threats to crypto investors, firms offering personal security services are in high demand. Infinite Risks International in Amsterdam has seen an increase in inquiries from crypto investors. Concerns of kidnappings and extortion have led to increased security measures among wealthy crypto holders, with some spending millions on protection.
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Arthur Breitman is betting on tokenized uranium, and it could be Tezos’ big comeback
Slate Sundays features interviews, analysis, and op-eds exploring the future of crypto. Tezos co-founder Arthur Breitman reflects on the evolution of the industry since 2019, discussing Tezos’ adaptability, resilience, and focus on innovation. Despite challenges, Tezos remains committed to decentralization and real-world applications, such as tokenizing uranium. Tezos founder Arthur discusses the platform’s core culture…
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Jan 2024 SEC’s X account hacker got 14 months in prison for cyber fraud
Eric Council Jr. was sentenced to 14 months in prison for his role in hacking the SEC’s X account and posting fake news about the approval of a Bitcoin ETF. He will also face three years of supervised release. The hack caused a $50 billion loss in Bitcoin’s market capitalization and $220 million in liquidations.
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Creator of over 100 memecoins says rug pulls are the ‘easiest way to make money’
Dubai-based Indian memecoin creator Sahil Arora considers memecoin rug pull schemes to be highly profitable, claiming to have earned millions of dollars from over 100 rug pulls. In rug pulls, creators sell worthless coins after artificially inflating prices, causing investors to lose money while they profit. Arora has faced accusations but continues to carry out…
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Myth or reality? MiCA and its real impact on the market debunking common misconceptions
MiCA regulation aims to protect investors and provide clear rules for European crypto companies. However, concerns remain about stifling innovation, impacting startups, and favoring larger companies. Misconceptions about MiCA need to be addressed to promote balanced innovation and market growth, ensuring Europe remains competitive in the global blockchain market.
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Compliant digital assets are winning the long game in crypto
Abbigale Kadar, Senior Digital Marketing Specialist of Polymath, discusses how the crypto industry is transitioning to a more regulated environment to combat market manipulation and scams. Clear regulations are increasing trust, attracting institutional investors, and promoting compliance. The future of finance lies in combining innovative blockchain technology with regulatory frameworks.
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Autonomous AI agents create new job opportunities
Zac Cheah, Co-Founder of Pundi AI, discusses the impact of autonomous AI agents on job opportunities in the industry. Fully autonomous AI agents are not possible, as human intervention is needed throughout their lifecycle. This creates new job roles for data cleaners, labelers, auditors, and other specialists. Pundi AI offers a decentralized data solution to…
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Bitcoin stalls near record highs amid derivative pressures but breakout potential remains
Bitcoin continues to show strength on-chain despite price compression between $100,000 and $105,000. The VP of research at Fidelity Digital Assets notes that Bitcoin is in an “Acceleration Phase” with high volatility and profitability, but derivatives activity is hindering upward momentum. The market is currently facing structural pressures in the derivatives market, causing a lack…
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Panama City mayor hints at Bitcoin reserve following meeting with El Salvador advisors
Panama City Mayor Mayer Mizrachi hinted at a potential Bitcoin reserve in a cryptic post after meeting with key figures from El Salvador’s Bitcoin policy. El Salvador has already accumulated a significant amount of BTC for its reserves. Panama City has made strides in crypto adoption, including accepting digital assets for public payments.
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France ramps up efforts to tackle rising crypto kidnappings after failed attempt goes viral
France is implementing new security measures to protect crypto entrepreneurs from violent kidnapping attempts. Interior Minister Bruno Retailleau met with crypto founders privately to discuss personal safety, offering emergency support and police consultations. The government is responding to escalating threats, with 50 attacks on crypto industry individuals globally in the past year.