4. CEO, Richard Ma Ma said that scammers are using AI to create more realistic-looking websites and social media profiles, as well as to automate the distribution of phishing emails. He also said that scammers are using AI to develop more sophisticated ways to steal crypto.
AI NEWS recap 5 Sep:
๐ค Zoom unveils AI companion
๐ค CERTIK says AI smart contracts are flawed and will fail
๐ค Bybit launches AI trade GPT
๐ค Crypto scams more sophisticated with AI, says Quantstamp CEO
Details below ๐
3. Bybit, a cryptocurrency exchange, has launched a new AI-powered tool called AI Trade GPT, which uses large language models to help traders make better decisions.
4. Research firm Arkham Intelligence has identified Robinhood as the fifth largest holder of Ether (ETH). The firm estimates that Robinhood holds over 100,000 ETH, worth over 300 million USD.
Crypto recap, Sep 2:
๐กFootballer Ronaldinho refutes role in crypto pyramid scheme
๐ก16m USD in crypto lost to hacks in Aug
๐ก16 million USD in crypto lost to hacks in August
๐ก Arkham IDs Robinhood as 5th largest ETH holder
3. German airline Lufthansa has launched an NFT loyalty program on the Polygon blockchain. The program allows customers to collect NFTs that can be redeemed for rewards such as free flights and upgrades.
4. Binance has shut down its crypto debit card in Latin America and the Middle East. The card was launched in 2020 and allowed users to spend cryptocurrency at merchants that accept Visa. Binance is still facing regulatory scrutiny in a number of countries.
Crypto recap, Aug 23:
๐ก Tornado Cash founders charged with crimes
๐ก Base and Optimismโs shared revenue sharing framework
๐ก Julian Assange's metaverse political rally against extradition
๐ก Binance shuts crypto debit card in Latin America & Middle East
Details below ๐
3. The campaign to free Julian Assange has launched a metaverse political rally against his extradition to the United States. The rally will take place on the Somnium Space metaverse platform on August 21st.
2. Coinbase has taken an equity stake in Circle, the issuer of the USDC stablecoin. The Centre consortium, which was responsible for issuing USDC, has shut down.
Crypto recap, 20th Aug:
๐ก China proposes metaverse social credit system
๐ก Coinbase takes equity stake in Circle
๐ก DeFi protocols Exactly & Harbor, hacked in separate attacks
๐ก FriendTech generates over 1M fees, surpassing Uniswap, Bitcoin networks
Details Below ๐
4. Philippine National Police scrutinized some of the models used by crypto games, warning Filipino citizens against the various schemes used to extort money from the gaming community. While specifically warning against the risks of crypto gaming schemes such as Axie Infinity
3. Tether, the world's largest stablecoin issuer, has discontinued its Bitcoin-backed stablecoin, USDT-BTC. The company said that the stablecoin was not being used enough.