FATF Criticizes Qatar for Not Regulating Crypto Companies
The Financial Action Task Force (FATF) has slammed the Qatar Central Bank (QCB) for failing to implement its regulations prohibiting virtual asset service providers in the country. In a report published on 31 May, the global money-laundering and terrorism financing watchdog highlighted Qatar’s need to enhance its capacity to combat evolving forms of criminality, including […]
Binance Australia Stops AUD Bank Transfers
Binance Australia, the local arm of the leading crypto exchange, has suspended Australian dollar (AUD) deposits and withdrawals by bank transfer using PayID, a popular instant payment method. The exchange stated that it is looking for an alternative provider and assured users that their funds were safe. PayID is a secure payment service on the […]
Google Cloud Teams Up with Voltage to Boost Bitcoin Lightning Usage
Voltage, a Bitcoin Lightning infrastructure provider, has partnered with Google Cloud to expand its hosting capacity and locations worldwide and to facilitate faster and cheaper cross-border payments. By establishing payment channels between two parties, Bitcoin Lightning enables unlimited transactions that only require the first and last transaction to be recorded on the blockchain. Bitcoin Lightning […]
OpenAI CTO’s Twitter hacked, shilling ‘scam’ crypto airdrop
On June 2, a cyberattack occurred on the Twitter account of Mira Murati, who is the chief technology officer of OpenAI. Murati realized that someone had hijacked her account to promote a fake Bitcoin airdrop. The article contained a phishing link and claimed to sell the ERC-20 token OPENAI. Murati, has 126,200 followers on Twitter […]