[Aug 9, 2023 4:27 AM] Once HeyGen’s AI-generated digital avatar is available to the public, users will be able to create a video with a real life-like digital avatar in just two minutes.
[Aug 7, 2023 7:32 PM] Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.
[Aug 4, 2023 3:30 AM] According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when assessing…
[Jul 27, 2023 5:00 AM] In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.
[Jul 27, 2023 2:21 AM] A video shared by Worldcoin co-founder Sam Altman shows a long queue of people in Japan reportedly waiting to collect $50 worth of Worldcoin (WLD) tokens or 25 WLD.
[Jul 22, 2023 1:30 AM] According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli argued…
[Jul 7, 2023 3:23 AM] KYC is an important measure for crypto exchanges to protect and recover user funds in the case of theft or hacking, KuCoin CEO Johnny Lyu said.
[Jun 28, 2023 4:00 AM] KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit.
[Jun 22, 2023 1:33 PM] BlackRock's views on KYC will likely carry weight in the ongoing struggle for regulation on the industry, given its ETF application.
[Jun 16, 2023 7:30 AM] Binance, the crypto exchange with the highest trade volume globally, is currently facing an investigation for suspected money laundering activities, as reported by the French publication Le Monde. The finance judicial investigation service of…
[Jun 8, 2023 12:43 PM] SatoshiLabs, the creator of the Trezor hardware wallet, has announced the launch of the Vexl Foundation at the BTC Prague conference. A press release shared with Bitcoin Magazine said the foundation aims to restore financial power to individuals…
[Jun 2, 2023 5:30 PM] The Tanzanian central bank said on May 31 that foreign currency dealers are required to trade all transactions that exceed $1,000,000 within “interbank foreign exchange market prevailing quoted prices.” According to the Bank of…
[May 26, 2023 5:30 AM] Although the implementation of the recently approved Markets in Crypto Assets (MiCA) regulations is likely to be difficult, their coming into force is going to have a positive outcome for everyone in the industry, Przemyslaw Kral, the CEO of the…
[May 23, 2023 11:19 PM] The technology is getting so advanced, deepfakes may soon become undetectable by a human verifier, said Jimmy Su, Binance's Chief Security Officer.
[May 9, 2023 8:59 AM] Canadian Bitcoin exchange, Bull Bitcoin, has launched a new no-KYC (know-your-customer) service which enables users to buy bitcoin with cash or debit card. Users can go to any Canadian Post office, scan the QR code generated on the Bull Bitcoin…
[May 4, 2023 3:30 PM] The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID.
[Apr 13, 2023 8:20 PM] A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user's IP address information.
[Apr 5, 2023 2:30 AM] Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber…
[Apr 4, 2023 3:46 PM] The token protocol can be used for a wide variety of applications, including membership badges, loyalty programs, decentralized captcha bots, and credit underwriting.
[Mar 30, 2023 2:10 AM] Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs.
[Mar 24, 2023 7:46 AM] Following allegations that Binance employees and volunteers help users bypass KYC protocols, the crypto exchange says it is launching an internal investigation.
[Mar 24, 2023 4:45 AM] A new investigation claims that users around the world are manipulating Binance’s billion-dollar security protocols through inside help.
[Mar 23, 2023 8:35 PM] Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated.
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