In the event of the FTX crash, most prominent cryptocurrency exchanges have adopted user protection funds, according to a new report from blockchain analytics firm Nansen published on June 14. Exchanges like Binance, OKX, and Bitget collectively have over $2 billion in notional fiat protection funds.
Cryptocurrency brokerage Floating Point Group has confirmed that it has stopped trading, withdrawals and deposits on its platform after falling victim to a cyber attack on June 11. FPG estimated the total damage from the attack to be between $15 million and $20 million.
Meta AI recently unveiled a "groundbreaking" text-to-speech (TTS) generator that it claims produces results 20 times faster than comparable state-of-the-art AI models.
Blockchain investigator ZachXBT has received more than $1 million in donations from the crypto community in just 24 hours to cover his attorneys in a defamation lawsuit.
Binance, Binance.US, and the US Securities and Exchange Commission (SEC) reportedly reached an agreement on Friday, June 16, to temporarily limit access to client funds to only Binance.US employees.
Rap icon and entrepreneur Calvin Cordozar Broadus Jr., better known as Snoop Dogg, is venturing into Web3 again with a non-fungible token (NFT) project that will allow his fans to follow his life on tour .
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades aimed at building a “value layer” for the internet, which the company says will allow users to “create, exchange, and program value.”
Leader of the Decentralized Autonomous Organization (DAO) that governs ApeCoin, after the sum was announced in the org chart, the ecosystem was criticized by community members for what they called a “crazy” salary.
On June 13, German footwear group Puma launched its 3D virtual world experience Black Station. As the developers put it, Black Station is the “home of the experience” for product launches, designed to provide “unfettered access” to Puma Pass non-fungible token (NFT) holders.
Hong Kong law enforcement has successfully dismantled a sophisticated criminal operation accused of swindling victims out of $46 million through a deepfake-cryptodriven romance scam.
