The Dark Side of AI: Kaspersky Expert Warns of Psychological Dangers in Cybersecurity
Kaspersky’s Vitaly Kamluk highlights the potential psychological impacts of AI in cybercrime, including the “suffering distancing syndrome” among cybercriminals and the delegation of responsibility in AI-driven cybersecurity processes. Kamluk proposes guidelines for safely harnessing AI’s benefits. 5 September 2023 – In a thought-provoking analysis, Vitaly Kamluk, the Head of Research Center for Asia...
Mastercard and Binance Collaboratively Cease Crypto Card Services Across Select Countries
Mastercard and Binance have jointly declared their decision to terminate the cryptocurrency card programs across Argentina, Brazil, Colombia, and Bahrain by September 22. This move comes amid a period of regulatory challenges for Binance, while Mastercard continues its strategic partnerships within the cryptocurrency space. 25 August 2023 – In a joint decision, global payment giant Mastercard and cryptocurrency exchange Binance...
PoPMaxCrypto Attains U.S. MSB License: A Secure and Compliant Haven for Cryptocurrency Traders
PoPMaxCrypto secures official recognition as a Money Services Business (MSB) through approval from the U.S. Currency Services Business. This achievement highlights the exchange’s commitment to regulatory compliance, enhanced security, and user-centric services, as it offers a secure and regulated platform for cryptocurrency trading. The exchange’s adoption of U.S. Anti Money Laundering (AML) and Know Your Customer (KYC)...
Popmaxcrypto’s Breakthrough: Launching Proprietary PMC Token and Cutting-Edge Trading Platform
Popmaxcrypto introduces its proprietary PMC token alongside an innovative digital asset trading platform, emphasizing security and a versatile trading environment. The token, launched on August 10th, enhances user transactions and interaction within the platform, underscoring the company’s commitment to evolving digital asset trading. 16 August 2023 – Popmaxcrypto, a trailblazing digital asset trading platform, has...
BingX Exchange Ventures into SEI Layer 1 Public Chain Project Launch
BingX, a prominent cryptocurrency exchange, is set to debut the SEI Layer 1 public chain project on August 15th, becoming an early adopter of the SEI coin launch within the COSMOS ecosystem. This strategic move aligns with SEI’s emphasis on DeFi, empowering it to achieve impressive transaction processing capabilities. BingX’s rigorous project evaluation process and ongoing monitoring showcase its commitment to providing a...
PayPal Introduces PayPal USD Stablecoin to Promote Digital Currency Adoption
PayPal has entered the stablecoin market by unveiling its own U.S. dollar-backed stablecoin, PayPal USD. This stablecoin is underpinned by U.S. dollar deposits and short-term U.S. Treasuries, offering stability and security for digital transactions and transfers. The move reflects PayPal’s commitment to driving digital currency adoption and enhancing accessibility within the realm of digital assets, catering to a wider range of...
Tether Reports Surge in Assets and Operational Profits Amidst Growing Crypto Market
Tether, the leading stablecoin, attains unprecedented success with its assets skyrocketing to $86.5 billion in Q2 2023, accompanied by a remarkable operational profit of over $1 billion, representing a significant 30% quarterly surge. 31 July 2023 – Tether, the world’s largest stablecoin, reported a significant increase in its assets, reaching $86.5 billion in the second quarter of 2023. The company also disclosed making...
Indonesia Launches First Crypto Assets Futures Exchange to Instill Confidence and Investor Protection
Indonesia pioneers its Crypto Assets Futures Exchange, bolstering investor confidence and cementing its position as a regulated and secure hub for crypto asset trading. The initiative aims to revolutionize the nation’s crypto landscape and foster a thriving digital trading ecosystem. 31 July 2023 – Indonesia’s Trade Ministry and the Commodities Futures Trading Regulatory Agency (Bappebti) have jointly unveiled the...
Standard Chartered Forecasts Bitcoin to Reach US$50,000 in 2023 and US$120,000 by 2024, Citing Miner Behavior and Reduced Supply
Standard Chartered has predicted that the value of Bitcoin could reach US$50,000 this year and US$120,000 by the end of 2024. The recent surge in Bitcoin’s price is expected to incentivize miners to hoard more of the supply, leading to a reduced net supply and potential price increases. LONDON, 10 July 2023 – Standard Chartered (STAN.L), a leading financial institution, has forecasted that the value of the top...
