Financial institutions face rising threat from sophisticated AI fraud

Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods.

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Retail activity dominates Bitcoin, overshadowing institutional moves

When analyzing the Bitcoin market, it’s equally important to understand the behavior of different market participants as it is to understand the technical foundations of Bitcoin’s price movement. On-chain analysis frequently analyzes short– and long-term holders, as their behavior is inherently different. However, Bitcoin’s maturity enables us to differentiate between large and small entities, as […]

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Strive Asset Management Merges with Asset Entities to Launch A Public Bitcoin Treasury Company

Strive Asset Management merges with Asset Entities to create the first publicly traded Bitcoin treasury company.

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Small Bitcoin holders are accumulating even as prices fall

Tracking the changes in the supply held by entities with various Bitcoin balances provides insight into investor behavior and potential price movements. Each category of holderfrom individual retail investors to large institutionsplays a distinct role in the crypto ecosystem, and their collective actions can significantly influence the overall market. Changes in the supply distribution among […]

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Bitcoins surge to $73k put 99.76% of entities in profit, signaling mature phase of bull market

There are many different ways to quantify market sentiment. Looking at price action provides a very crude but effective gauge of the market’s feelings if the price is going down, the market’s most likely bearish, and vice versa. However, feelings about the future are very complex to analyze, especially when it comes to Bitcoin, […]

The post Bitcoin’s surge to $73k put 99.76% of entities in profit, signaling mature phase of bull market appeared first on CryptoSlate.

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Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with [...]

The post Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses appeared first on Crypto Breaking News.

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Binance.?US enables Web3 domain creation for American users

Binance users based in the United States are now able to create Web3 domains that serve as digital identities in a new partnership with Unstoppable Domains.

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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail [...]

The post Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector appeared first on Crypto Breaking News.

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South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024

South Korea plans to provide citizens' digital identities encrypted by blockchain with smartphones in 2024 to facilitate its economic development. (Read More)

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Long-term Bitcoin bulls hodl strong despite five-month price high

Bitcoin wallets that haven't seen outflows for more five months and are currently sitting on $754 billion worth of the asset.

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SEC takes action against Chinese billionaire's companies for unregistered ICO and IPO

The SEC has taken action against three companies owned by Chinese Billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings.

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ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default [...]

The post ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations appeared first on Crypto Breaking News.

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Two builders produce 88% of Ethereum blocks in October, raising concerns

Some analysts dont see this as a centralization concern due to the Ethereum networks underlying builder-proposer architecture. 

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Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns

In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability to scams. Despite the Media’s Attempt, FTX Customers’ Identities Will Be Shielded From Public [...]

The post Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns appeared first on Crypto Breaking News.

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Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption

Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into different websites, crypto applications, and share personal data in a privacy-focused manner. Worldcoin Unveils World [...]

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Syrian Crypto Dealer Freed From Kidnappers Who Demanded Ransom of Over $1.1 Million

Spanish law enforcement recently nabbed three individuals who befriended and eventually kidnapped a Syrian cryptocurrency dealer. Following their arrest, the kidnappers, who were demanding a ransom of over $1.1 million, were found in possession of weapons and fake identity documents. Syrian Crypto Dealer’s Captors Were His Party Friends Spanish law enforcement recently freed a Syrian [...]

The post Syrian Crypto Dealer Freed From Kidnappers Who Demanded Ransom of Over $1.1 Million appeared first on Crypto Breaking News.

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Media Outlets Object to Withholding Identities in FTX Bankruptcy Proceedings

Major media outlets have objected to the withholding of non-US customer identities during FTX's bankruptcy proceedings, citing the public's right to access bankruptcy filings. FTX and its customers have failed to justify the need for such secrecy, according to the media outlets. (Read More)

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