TrueCoin’s third-party vendor breach potentially leaks TUSD user data
TrueCoin’s internal systems were not impacted or accessed, and the company confirmed that the attack was an isolated incident and limited to a third-party vendor. Go to Source
Month: October 2023
Ethereum co-founder Vitalik Buterin sends 15M USDC to Gemini
Blockchain sleuths flagged a $14.9-million transfer of USDC coming from a wallet associated with Vitalik Buterin. Go to Source
‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal
The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute. Go to Source
Dev platform Stack Overflow axes 28% of staff as AI competition grows
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022. Go to Source
FTX customers could get $9B shortfall claim payout by mid-2024
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million for FTX US. Go to Source
Pennsylvania crypto mining permit halt cut from bill after union pressure
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee. Go to Source
Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. Go to Source
NYC mayor releases plans for responsible AI usage in local government
The administration for the mayor of New York City has released a plan for creating a framework for government agencies to utlitize AI, along with the pilot of the city’s first AI chatbot. Go to Source
Clarification on sharing false spot Bitcoin ETF news
Cointelegraph apologizes to its readers and discusses its investigation into what led to the posting of unverified news on X about a spot Bitcoin ETF. Go to Source
Former FTX engineering director faces up to 75 years in prison following guilty plea
Nishad Singh’s testimony was seemingly part of prosecutors’ strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds. Go to Source