AI-Generated Fake IDs Bypass Crypto Exchange KYC Checks, OKX Says Industry-Wide Issue
A new online service, OnlyFake, reportedly utilizing advanced artificial intelligence (AI) technologies, was successful creating counterfeit driver’s licenses and passports. These fake IDs were used to pass Know Your Customer (KYC) checks on several cryptocurrency exchanges, raising significant security concerns….
Janet Yellen Sounds Alarm On Crypto Risks In Congressional Testimony, Urges Legislative Action
U.S. Treasury Secretary, Janet Yellen, is gearing up to discuss the potential hazards the cryptocurrency industry could inflict on the financial system with Congress. What Happened: Yellen’s forthcoming testimony to the House Financial Services Committee will underline the risks tied…
U.S. District Court approves SEC motion and requests Ripple to submit XRP sales documents
Request information on XRP sales to institutions A judge in the U.S. District Court for the Southern District of New York granted a motion by the U.S. Securities and Exchange Commission (SEC) on the 5th, ruling that Ripple must submit…
Treasury Secretary Yellen warns of crypto asset risks in Congressional testimony scheduled for the 6th | CoinDesk JAPAN
U.S. Treasury Secretary Janet Yellen will discuss crypto assets (virtual currencies), including their handling on stablecoins and crypto asset platforms, and the dangers of price volatility, at a House Financial Services Committee meeting scheduled for the 6th. He is expected…
Bukele declares victory in El Salvador’s presidential election, continues Bitcoin policy
Bukele wins presidential election El Salvador’s President Najib Bukele declared victory in the presidential election on the 5th. With the reappointment of President Bukele, the country’s crypto asset (virtual currency) Bitcoin (BTC)-related policies will continue to be advanced. De acuerdo…
MicroStrategy Q4 Earnings: Revenue Miss, Bitcoin Strategy Update And More
Published by Benzinga MicroStrategy Inc (NASDAQ:MSTR) reported fourth-quarter financial results after the market closed on Tuesday. Here’s a rundown of the report. Q4 Earnings: MicroStrategy said fourth-quarter revenue decreased 6.1% year-over-year to $124.5 million, which missed the consensus estimate of…
5 Analysts Have This To Say About Cleanspark
Published by Benzinga In the last three months, 5 analysts have published ratings on Cleanspark (NASDAQ:CLSK), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights…
Central Bank Of Nigeria Lifts Ban On Transacting In Cryptocurrency, Industry Reacts
Published by Benzinga The Central Bank of Nigeria (CBN) has issued a memo to all banks and financial institutions that lifted its ban on bitcoin and outlined new guidelines for virtual asset service providers in Nigeria, setting the scene for…
Why FMC Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session
Published by Benzinga Shares of FMC Corporation (NYSE: FMC) fell sharply during Tuesday’s session after the company reported worse-than-expected fourth-quarter results. FMC posted adjusted earnings of $1.07 per share, missing market estimates of $1.08 per share. The company’s quarterly sales…
Grayscale CEO Pushes For Spot Bitcoin ETF Options Approval: ‘We’ll See More Crypto ETFs In Next 3-5 Years’
Published by Benzinga Grayscale CEO Michael Sonnenshein on Tuesday made a public call for the approval of spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) options, emphasizing the importance of developing a robust market for these options. What Happened: In a…