Financial institutions face rising threat from sophisticated AI fraud
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods.
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Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods.
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The Fusion Blockchain Initiative: $100 Million Investment in Modular Sector Networks The Fusion Blockchain Initiative has announced a groundbreaking investment of $100 million in developing modular sector networks. This strategic move aims to revolutionize blockchain technology by creating a more efficient and scalable network ecosystem. With the increasing demand for blockchain solutions across various industries, [...]
In recent discussions within the cryptocurrency community, the popular meme coin trend has taken center stage, reflecting the ongoing crypto gamble mindset prevalent among investors. According to data from Santiment, year-to-date (YTD) discussions surrounding meme coins have reached a new high, illustrating the growing interest and hype surrounding these speculative assets. Meme coins, characterized by [...]
Bitcoin Stealer Malware Discovered in Official Printer Drivers A recent discovery has revealed that Bitcoin stealer malware has been found embedded within official printer drivers. The malicious software is capable of infecting systems by adopting a covert approach through what should be trusted sources. The implications of this discovery are significant, as it highlights the [...]
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Bitcoin Yield Demand Surges as Institutions Seek Liquidity in DeFi As Bitcoin continues to dominate the cryptocurrency market, institutions are increasingly looking towards decentralized finance (DeFi) platforms to satisfy their growing yield demand. The DeFi space has been experiencing a surge in popularity as traditional financial institutions seek alternatives for generating returns in a low-yield [...]
Nodles underlying blockchain infrastructure will enable real-time location data of motorcycle taxis in East Africa financed by Watu.
The total value locked (TVL) in decentralized finance (DeFi) platforms took a significant hit in the first quarter of the year, plummeting by $59 billion. While DeFi experienced a downturn, artificial intelligence (AI) and social apps saw growth according to data from DappRadar. The DeFi sector faced challenges in Q1, with a notable decrease in [...]
The post DeFi TVL Plummets by 27% as AI and Social Apps Drive Surge in Q1: DappRadar appeared first on Crypto Breaking News.
Bit Digital, a leading cryptocurrency mining company, has recently completed the acquisition of a new mining facility located in North Carolina. This strategic move is part of Bit Digital’s ongoing efforts to expand its mining operations and strengthen its position in the industry. The newly acquired facility is equipped with state-of-the-art mining hardware and infrastructure, [...]
The post Bit Digital’s Bitcoin Mining Expansion: Acquires $53M Facility to Drive AI and HPC Growth appeared first on Crypto Breaking News.
In recent developments, spot Bitcoin ETFs are experiencing a significant outflow of $772 million as investors brace themselves for tariff-induced inflation. This movement in the market reveals a cautious approach from investors in anticipation of potential economic effects stemming from trade tensions. The outflow of funds from spot Bitcoin ETFs indicates a shift in investor [...]
The post Investors Brace for Tariff-Driven Inflation: Spot Bitcoin ETFs Experience $772M Outflow appeared first on Crypto Breaking News.
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The post Qubetics, Arweave, and Algorands Big Gains – Top Coins to Join Today for Massive Return Potential appeared first on Kanalcoin.
The United Kingdom has seen a surge in stock investing due to tax-savvy cryptocurrency buyers, according to a recent report. The trend has been attributed to investors looking for ways to maximize their returns while minimizing tax liabilities. A banker highlighted the increased interest in stock investing among cryptocurrency buyers, especially as they become more [...]
The post Banker suggests taxing UK crypto buyers to drive growth in stock investing and boost economy appeared first on Crypto Breaking News.
As the US Securities and Exchange Commission (SEC) introduces new regulations, there is speculation about how they will impact cryptocurrency companies. Will these rules encourage companies to establish themselves onshore and comply with regulatory requirements? The SEC’s goal is to provide clarity and investor protection in the crypto space. By imposing rules on initial coin [...]
The post Can New SEC Regulations Drive Crypto Companies to US Soil? appeared first on Crypto Breaking News.
Discover the best meme coins for exponential returns. Arctic Pablo Coin's presale heats up while ai16z and Mog Coin make waves in the crypto world.
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Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At the start of the year, products incorporating artificial intelligence [...]
The post AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days appeared first on Crypto Breaking News.
Faced with the threat of ossification, Bitcoin Core should adopt BIPs 300 and 301, integrating Drivechain’s solutions for ongoing security.
A-Lab’s key investors are Philippine Digital Asset Exchange (PDAX), Oak Drive Ventures Inc., and Magellan Digital Investment Group (MDIG).
The post PDAX-Backed Web3 Accelerator Archipelago Labs Launches appeared first on BitPinas.
It seems that the latest video driver from Nvidia version 522.25 just released with support for the new Nvidia RTX 4090 GPUs does also come with a removed LHR, so no more the need to use a miner that unlocks the GPU’s full performance for mining (if you have a LHR video card that is). […]
Ankr (ANKR/USD), a leading crypto infrastructure platform seeking to drive future growth in the Web3 ecosystem, has partnered Polygon (MATIC) to advance the development of the Supernets on the Ethereum scaling protocol.
As announced on Monday, this major crypto news means Ankr will help bring the best of Web3 developer tools for builders on Polygon – enhancing growth of the whole ecosystem via streamlined user experiences built to better those in Web2.
In a comment on the partnership and what it means for the Web3 industry, Ankr App Chain Manager Kev Silk said:
“To drive Web3 mass adoption, we must provide consumers with a better UX than Web2. Enhancing the UX is possible only by streamlining Web3 development, which is why we’re thrilled to partner with Polygon Supernets and provide developers with the necessary infrastructure to build efficiently. Together, Ankr App chain Infra and Polygon Supernets can supercharge high-quality Web3 games, financial products, and other decentralized applications.”
EVM-compatible SupernetsPolygon Supernets are dedicated networks that can be secured by the native MATIC token and which offer users an EVM-compatible and customisable interoperable blockchain platform to quickly bootstrap validator sets.
Each Supernet allows for a specific application or use case, with its dedicated Web3 hosting capabilities key to project adoption in the growing crypto space. Developers can enhance this via the Ankr App Chains, which provides for an approved infrastructure vendor whose end-to-end engineering capabilities ensures greater security, throughput, and customizability.
App-specific customization and access to a high performance blockchain network will be key to Web3 growth, according to General Manager of Polygon Supernets Parth Pathak. He explained in statement shared via the press release:
“Polygon couldn’t be more excited to partner with ANKR for providing world-class tooling for building dedicated blockchains. With Polygon Supernets, enterprises, gaming and entertainment projects can rapidly power up their dedicated app-specific chains that are fine tuned for best-in-class EVM performance. Polygon is bringing together the world’s leading Web3 providers (like ANKR) into a comprehensive ecosystem that will empower any team to build their own blockchain. Supernets will help bring the next billion users to Web3.”
The Supernets are powered by Polygon Edge architecture, a customisable blockchain stack Polygon introduced in May 2021.
The post Ankr partners with Polygon to drive Web3 adoption via Supernets appeared first on Invezz.
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