Cointelegraph By Jesse Coghlan
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A new artificial intelligence-backed scam is as multi-faceted and lengthy as it is unconvincing — at least for would-be victims who dig below the surface.I recently received a threatening “DMCA Copyright Infringement Notice” email from an alleged law firm claiming that a Cointelegraph article had used a copyrighted stock image...
The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers pledged to “continue to vigorously fight the charges against him."
By: Cointelegraph By Jesse Coghlan
cointelegraph.com
Former FTX CEO Sam Bankman-Fried has been found guilty of all of the seven charges in his criminal trial by a jury in New York.Bankman-Fried was found guilty of two counts of wire fraud and two counts of wire fraud conspiracy along with one count of securities fraud,...
Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer.SOL reached over $41 on Nov. 2 touching highs it hasn’t seen since August last year, Cointelegraph Markets Pro data...
US judge deals blow to artists in copyright suit over AI generated art
Cointelegraph By Jesse Coghlan - 0
Artists have been dealt a setback in their copyright fight against generative AI firms after a class-action lawsuit against several of the firms was dismissed by a United States judge, citing a lack of evidence.In an Oct. 30 order, California District Court Judge William Orrick said the copyright...
Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they did anything wrong.In an Oct. 27 filing to a New York District Court, lawyers for Kwon and...
Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler
Cointelegraph By Jesse Coghlan - 0
Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin (BTC) products, according to a resurfaced video of Gensler from 2019. The video clip, which has recently made the rounds again on social media, shows the pre-SEC Gensler discussing blockchain regulation at...
Crypto thief steals $4.4M in a day as toll rises from LastPass breach
Cointelegraph By Jesse Coghlan - 0
At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software LastPass.In an Oct. 27 X (Twitter) post, pseudonymous on-chain researcher ZachXBT said they and MetaMask developer Taylor Monahan tracked the fund...
Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0
Cointelegraph By Jesse Coghlan - 0
Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.On Oct. 26, the Bloomberg Billionaires Index cut Binance’s revenue estimates by 38% amid a slump in exchange volumes which knocked Zhao down to 95th place...
Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into connecting their wallets to a crypto drainer.A fake Blockworks site displays a fake “BREAKING” news report of a supposed multimillion-dollar “approvals exploit” on the decentralized exchange Uniswap...