Security News

The United States Securities and Exchange Commission has imposed nearly $4.7 billion worth of enforcement actions against crypto firms and executives in 2024, an over 3,000% jump from 2023. The SEC’s record-setting year was mostly boosted by its massive $4.47 billion settlement with Terraform Labs and its former CEO Do Kwon in June — its “largest enforcement action to […]

A combo of aggressive Sybil filtering and laser-focus on prioritizing developers and “durable” users helped the price of LayerZero’s native token hold steady following its airdrop, claims LayerZero Labs’ CEO Bryan Pellegrino. Pellegrino told Cointelegraph at Korea Blockchain Week that LayerZero did a lot of “very unique” things with its airdrop, including a “big Sybil […]

Bitcoin exchange-traded funds (ETFs) that launched in the United States early this year will need more time before they become an “instrument of adoption” instead of being a “small tourist tool,” says a former Wall Street analyst. Jim Bianco, the CEO of analytics firm Bianco Research said in a Sept. 8 X post that he […]

A subsidiary of the Tokyo Electric Power Company (Tepco) is reportedly venturing into Bitcoin mining to save wasted renewable energy. The Tokyo-based Tepco subsidiary Agile Energy X is experimenting with harnessing waste solar energy to power Bitcoin mining rigs. Its president, Kenji Tateiwa, claimed its success “would prompt more green energy to be introduced,” local […]

The United States regulator has urgently filed an emergency motion to block Kalshi, a US prediction market, from offering election betting contracts. The submission comes just hours after the judge’s decision to overturn a previous order halting Kalshi’s election markets. According to a Sept. 6 court filing, the US Commodity Futures Trading Commission’s (CFTC) requested an […]

The Roblox Corporation recently announced a slew of updates to its gaming and development platform. Chief among the impending changes is a new policy allowing developers to sell paid games on the platform in exchange for fiat money, expanding Roblox’s policy on only charging users in its “Robux” virtual currency. Roblox also announced a partnership […]

El Salvador is celebrating its Bitcoin anniversary, marking three years since the country adopted Bitcoin as legal tender. El Salvador became the world’s first country to adopt Bitcoin as legal tender three years ago, on Sept. 7, 2021, to promote financial inclusion, facilitate more efficient remittance payments and attract financial innovation. President Nayib Bukele’s decision to […]

The Artificial Superintelligence Alliance (ASI) recently issued a statement on X advocating for decentralization of cloud infrastructure and its role in developing artificial general intelligence (AGI). The ASI Alliance believes centralized cloud services, such as Amazon Web Services (AWS), Google Cloud and Microsoft Azure, pose multiple vulnerabilities, including risks of a single point of failure. In a […]

The world has moved a step closer to unifying its goals and values related to artificial intelligence following a meeting of Council of Europe ministers of justice. The United States, the European Union and the United Kingdom are expected to sign the Framework Convention on AI on Sept. 5. The treaty highlights human rights and democratic values […]

More than 600 Bitcoin ATMs went offline globally in the first two months of Q3 2024, with the United States recording the most shutdowns. This comes at a time when law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams. According to data from Coin ATM Radar, the […]