Cato Networks has raised concerns about the ProKYC deepfake tool, which allows criminals to bypass KYC checks by creating fake identities and realistic videos for cryptocurrency exchanges. This advanced fraud technique has led to significant financial losses, highlighting the need for stronger security measures in financial institutions.
JoyA London man has denied charges of running an illegal cryptocurrency ATM business and laundering £300,000 without FCA authorisation. Currently out on bail, his next hearing is slated for 7 November.
CatherineA cryptocurrency entity linked to Continue Capital lost over $36 million in wrapped Ethereum tokens due to a phishing attack that tricked users into signing a malicious transaction. This incident caused a drastic price drop of more than 95% in fwDETH, highlighting the ongoing risk of phishing attacks in the crypto space.
AnaisIsrael's economy minister said Iran must be attacked, including its nuclear capabilities, and Iran warned that Tehran might change its nuclear policy if its nuclear infrastructure was attacked. Gold hit a short-term high of $2,646, and Bitcoin tried to regain the unexpected loss of US CPI.
AlexOKX announced a grant to the 2140 Foundation to support the foundation’s multi-year efforts to promote the long-term security, resilience, and maintainability of the Bitcoin network.
MiyukiThe Trump family announced that the financial revolution protocol of World Liberty Financial project will allow the adoption of large-scale institutional capital. The project disclosed in its roadmap that it plans to raise $300 million at a valuation of $1.5 billion.
WeiliangUber is using AI, powered by ChatGPT, to help drivers transition to electric vehicles by providing personalised guidance and local information on incentives and charging options. This initiative aligns with Uber's sustainability goals and reflects the growing influence of AI in the automotive industry.
WeatherlyIn this meme craze, SunDog, a star project of the TRON ecosystem, has become the focus of global investors with its strong market performance and unique application scenarios, and has quickly become one of the top projects in the meme track.
AlexCoNET has launched a new mini-game referral program to attract real users to join its decentralized ecosystem. By sharing the referral link, users can get CONET tokens as rewards. All referral rewards will be recorded on the chain to ensure fairness and transparency, and the plan starts on October 10.
MiyukiArkham Intelligence, a blockchain data company backed by OpenAI founder Sam Altman, is about to launch a cryptocurrency derivatives exchange, with plans to set up a new venue in the Dominican Republic. As the crypto market changes, Arkham hopes to seize market share through technological advantages and global expansion, challenging industry giants such as Binance.
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