Tags: Business

In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.

The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions.

Attorney John Deaton says there’s a 25 chance Ripple will see an outright win against the SEC, while rumors fly of a possible IPO.

The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said.

As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange‘s users in the country.

References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good.

As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to equipping "defenders" with the necessary tools.

Uniswap and its foundation have no association with the scam as efforts are being made to combat it.

MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution.

In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850. In May, however, 1,397 machines were added back to the global crypto ATM network.

The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round.

This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.

Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage.

The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022.

Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically.

A Binance spokesperson told Cointelegraph that the company forecasted the drop after its decision to end its zero-fee BTC trading but that it’s “not a concern.”

Startups competed in a metaverse-based Web3 reality show called Build The Block to win an investment from Binance Labs.

Japanese privacy watchdog warned OpenAI about collection of sensitive data without permission or else further action will be taken.

The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets.

Nike’s “virtual creations” will be integrated into EA Sports games in the coming months.

A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed.

The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers.

My own exchange, Bitget, tried using AI to respond to customer inquiries — and the results reminded us that AI tools come with perils.

The Red Bull team signed a $150 million sponsorship deal with crypto exchange Bybit in 2022 ahead of the market crash and major bankruptcies in the space.