Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jia is a blockchain-based fintech organization that offers small businesses and emerging markets the loans they need to operate and stay afloat. In recent news, the company announced that it had secured more than $4 million in seed funding, while another $1 million (for a total of $5 million) was delivered to...
Read More »Binance Continues to Focus on Future Growth Aspects despite Regulatory Hurdles
In Binance’s peer-to-peer (P2P) platform, ML technology is employed to identify suspicious language in communications. By utilizing ML in P2P chat, feedback, and advertisements, potential payment scams, customer service impersonation, and malicious messaging can be detected. This technology has proven effective in preventing thousands of scams. For the know-your-customer (KYC) process, Binance utilizes a combination of computer vision (CV) and AI. These technologies aid in verifying...
Read More »Blockchain Project Worldcoin Taps Okta to Launch World ID
The press release explained how users can become fully verified by World ID – Worldcoin’s identity protocol. Blockchain identity project Worldcoin has announced a new collaboration with Okta – an identity management software. According to the announcement, the collaboration will help Worldcoin to launch its proposed identity protocol, World ID, in Germany. Worldcoin Floats World ID, Brags About Its Privacy Policy Per the announcement, World ID verification will start out in the German...
Read More »Tech Startup Nothing Secures $96M Funding for US Expansion Ahead of Phone (2) Launch
Despite the challenging landscape of the smartphone consumer market and the economic climate, Nothing has achieved significant milestones and is poised for further growth. London-based tech startup Nothing has successfully closed its recent fundraising round with $96 million secured from both new and existing partners. The company was founded in 2020 by Carl Pei, the former co-founder of the smartphone maker OnePlus. In an announcement on Twitter, Nothing revealed that the investment round...
Read More »Binance Loses Paysafe as EUR Banking Partner amid Regulatory Concerns
Binance informed its users that it is working to find another payment service provider. Binance, a leading cryptocurrency exchange, has lost its banking partner Paysafe in Europe. Binance partnered with Paysafe in January 2022 after losing Barclays and Santander as banking partners in 2021. Since then, the exchange has been trying to expand its presence and reach in Europe. Consequently, Paysafe’s decision will set back the exchange’s European plans. Paysafe Is Wary of Regulators Paysafe...
Read More »North Carolina House Passes Bill to Study How Holding Bitcoin Could Be Profitable for State
The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent. The lower house of the North Carolina General Assembly has passed a bill that would task the Department of State Treasurer to assess the feasibility of the state holding Bitcoin (BTC). The study will also measure the benefits that the state could derive from such investments. The bill proposes allocating $50,000 to study the...
Read More »FTX Sues Former Compliance Officer for Enabling Top Management Fraud at Exchange
FTX is also seeking to reclaim the funds Friedberg received while working for FTX. FTX has filed a complaint in court that claims that Daniel Friedberg, one of its former top attorneys, was a major part of the fraud that company founder Sam Bankman-Fried and other top executives perpetrated. The complaint, which was filed in the US Bankruptcy Court in Delaware on Tuesday, claims that Friedberg acted as the company’s fixer on several occasions. That is, he was responsible for silencing,...
Read More »Bitcoin-Transaktion: Weight und Weight Unit
Bitcoin, die weltweit bekannteste Kryptowährung, hat eine Reihe von technischen Konzepten und Terminologien, die für Einsteiger verwirrend sein können. Eine solche Terminologie sind die Begriffe „Weight“ und „Weight Unit“ in Bezug auf Bitcoin-Transaktionen. In diesem Artikel werden wir erklären, was diese Begriffe bedeuten und wie sie zur Berechnung der Gebühren und Priorisierung von Transaktionen verwendet werden. Bei Bitcoin handelt es sich um ein dezentrales digitales Zahlungssystem, das...
Read More »Bitcoin-Transaktion: Input Value und Output Value
Beim Bitcoin handelt es sich um eine Kryptowährung, die auf einer dezentralen Technologie namens Blockchain basiert. Die Blockchain ist ein öffentliches digitales Hauptbuch, das alle Bitcoin-Transaktionen enthält. Um die Transparenz und Nachverfolgbarkeit zu gewährleisten, können Nutzer mithilfe eines Blockchain Explorers die Informationen zu bestimmten Transaktionen einsehen. Wenn wir uns eine Bitcoin-Transaktion genauer ansehen, werden wir auf dem Blockchain Explorer Begriffe wie ‚Input...
Read More »Arbitrum-Based DeFi Project Chibi Finance Rug Pulled: Over $1 Million Drained
In yet another case of a rug pull, Arbitrum-based Chibi Finance reportedly siphoned more than $1 million worth of various crypto assets. Notably, the protocol went live on Tuesday, but the developers managed to launder the stolen funds to other networks shortly after. On-chain analysis conducted by blockchain security platform CertiK revealed that Chibi devs deployed a malicious contract that enabled them to steal user funds from the protocol’s smart contracts. These funds...
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