SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase.
Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic
Stolen crypto from Atomic wallets is already on the move to mixers according to Elliptic.
Bitcoin Ordinals rolls out upgrade to rectify ‘Cursed Inscriptions’ issue
Previously unrecognized Ordinals inscriptions will be indexed by the protocol following the upgrade, which will allow them to be traded.
Elliptic integrates ChatGPT to bolster crypto risk detection
Crypto risk management firm Elliptic believes that ChatGPT will assist in scaling up intelligence and expose risks to crypto users that “they can’t get anywhere else.”
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution.
Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.
Australia asks if ‘high-risk’ AI should be banned in surprise consultation
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector.
‘The Bitcoin Standard’ author becomes economic adviser to El Salvador
Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years.
Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes
One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paying with Australian dollars. The problem is getting it there.
Temasek slashes compensation for execs responsible for its $275M FTX investment
While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package.