India to Introduce Regulations Against AI Deepfakes
Minister Ashwini Vaishnaw said India is developing regulations against AI deepfakes, and the draft will be available in the coming weeks. Minister for Railways, Communications, Electronics, and Information Technology Ashwini Vaishnaw announced on November 23 that India is developing regulations to regulate deepfakes, expanding on Prime Minister Narendra Modi’s statement the day before regarding his […]
KyberSwap Offers 10% Bounty to Hackers for Return of $46M Loot
Following the November 22 exploit of $46 Million from the decentralized exchange KyberSwap, a 10% bounty reward worth $4.6M has been offered to the hackers in return for the loot. KyberSwap informed users on November 23 that KyberSwap Elastic, its liquidity solution, had been compromised and recommended that they withdraw their funds. Subsequently, on November […]
X Restricts CZ’s Account Citing Platform Violation
The former CEO of Binance, Changpeng “CZ” Zhao, had his account restricted by social media platform X (formerly Twitter) after the platform implied he “potentially violated the X Rules” by changing his profile name.” X users could only access CZ’s account for a limited time on November 23 by selecting a button indicating that access […]
Alchemy Pay Acquires Money Services License in Iowa
Singapore-based crypto-fiat payment gateway Alchemy Pay revealed that it had acquired a money services license in Iowa, marking a significant step towards further expansion into the U.S. market. Any organization or person doing currency exchange or money transmission business in Iowa must possess one of these licenses by local state rules. The business obtained its […]
Justin Sun Crypto Platforms Face 4 Hacks in 2 Months
In the past two months, hackers have repeatedly targeted the crypto platforms of Tron founder Justin Sun, with at least four of the most significant hacks affecting platforms associated with him. At least two hacks have occurred on Sun’s HTX cryptocurrency exchange since the platform changed its name from Huobi on September 13, 2023. The […]