[ad_1] In brief Reps. Ted Lieu and Neal Dunn have introduced the AI Fraud Deterrence Act following high-profile AI impersonation incidents. The bill increases maximum penalties for AI-assisted fraud to $2 million in fines and up to 30 years in prison for bank fraud. Hackers used AI to impersonate White House Chief of Staff Susie Wiles and Secretary of State Marco Rubio in May and July. Congress is cracking down on AI-powered scams with bipartisan legislation that would send fraudsters to prison for decades after brazen impersonation attacks targeted America’s top officials.The AI Fraud Deterrence Act, introduced by Rep. Ted…
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[ad_1] Bitcoin has pushed back above the $90,000 level after several days of intense selling pressure, bringing a brief moment of relief to a market overwhelmed by fear and uncertainty. Despite the rebound, bulls remain under pressure as speculation of an incoming bear market continues to grow. Many investors are still digesting the sharp correction from October’s all-time high, and confidence has yet to fully return. Related Reading According to top analyst Darkfost, one of the key indicators reinforcing this cautious environment is the Coinbase Premium Index, which remains negative. This metric compares Bitcoin’s price on Coinbase — the preferred…
[ad_1] Today in crypto: The Balancer community has proposed a plan to distribute funds recovered from the protocol’s recent hack. South Korea’s largest exchange, Upbit, halted deposits and withdrawals after detecting about $36 million in unauthorized transfers from a Solana hot wallet. Meanwhile, BitMine chair Tom Lee appears to have quietly stepped back from his $250,000 year-end Bitcoin prediction.Balancer community proposes plan to distribute funds recovered from hackTwo members of the Balancer protocol community submitted a proposal on Thursday outlining a distribution plan for a portion of the funds recovered from the protocol’s $116 million November exploit.About $28 million from…
[ad_1] In brief KakaoBank is building the systems needed to support a KRW stablecoin and tokenized assets. Kaia has registered trademarks for multiple won-pegged coins as legislation nears passage. A bank-issued stablecoin could offer fast transfers while meeting Korea’s strict capital-flow rules, Decrypt was told. KakaoBank is reportedly preparing the groundwork for a Korean won-backed stablecoin, developing the infrastructure ahead of new rules that could let banks bring regulated digital KRW into Korea’s retail and cross-border payments system.An affiliate of Kakao Corp, South Korea’s most dominant internet firm, the bank is reportedly advancing work on a smart contract FX settlement…
[ad_1] Individuals can now buy crypto on Trust Wallet using Apple Pay. The feature is currently available in more than 45 countries. Such updates reduce entry barriers into the crypto and blockchain world. Trust Wallet, one of the reputable digital asset wallets, has made another step toward promoting cryptocurrency adoption. It has confirmed adding Apple Pay today, November 27, on X, allowing individuals in more than 45 countries to purchase their favourite virtual tokens within seconds. Notably, the new feature promises an enhanced experience for new and existing users. The announcement read: Trust Wallet has integrated Apple Pay. Buy your…
[ad_1] Avalanche (AVAX) is back in the spotlight after reclaiming its position among the top 20 cryptos to surpass Hedera (HBAR), just as Securitize secures EU approval to launch the region’s first fully regulated blockchain-based securities market on the Avalanche network. Related Reading This convergence of regulatory momentum, institutional adoption, and renewed technical strength has positioned AVAX for a potential market revival heading into 2026. AVAX’s price trends to the downside on the daily chart. Source: AVAXUSD on Tradingview Securitize Wins EU Approval and Selects Avalanche for Settlement System Securitize received regulatory authorization from Spain’s National Securities Market Commission (CNMV)…
[ad_1] Key Takeaways The number of Bitcoin addresses holding over 1,000 BTC has increased during the latest market downturn. This surge suggests strong accumulation by large holders, including institutions and high-net-worth investors. Share this article Bitcoin addresses holding more than 1,000 coins surged during the recent market dip, indicating strong accumulation by large holders. The rise in whale activity coincided with Bitcoin’s drop to $80,000 last week and its subsequent rebound above $90,000 on Wednesday, indicating that major players bought the dip rather than reducing their exposure.The increase in these large addresses signals that institutional and high net worth investors…
[ad_1] With the holiday season just around the corner, it’s time to start piling presents under the tree. Here’s our pick of the best options for the crypto fan in your life.Ledger Nano Gen5Ledger Nano Gen5. Image: Ledgerledger.com, $179Hardware wallet manufacturer Ledger is doing its level best to present itself as the Apple of crypto, enlisting iPod designer Tony Fadell to create its new product line, and now Apple Macintosh icon designer Susan Kare to work on the graphics for its latest offering.As you might expect, the Nano Gen5 is a slick-looking, consumer-friendly bit of kit, with an E Ink…
[ad_1] Solana (SOL) is showing remarkable resilience this week, holding firmly above the critical $140 support zone despite heightened market anxiety following a $37 million hack on South Korea’s Upbit exchange. The stability comes at a time when institutional interest in Solana is accelerating, highlighted by Franklin Templeton’s recent Form 8-A filing with the U.S. SEC to launch a Solana ETF. Franklin Templeton’s Solana ETF Fuels Institutional Momentum The global investment giant, which manages $1.67 trillion in assets, is positioning itself at the forefront of crypto-focused investment products. The proposed ETF would offer regulated exposure to Solana without requiring investors…
[ad_1] Blockchain data shows the Royal Government of Bhutan has staked 320 Ether (ETH) worth roughly $970,000 through Figment, marking the latest onchain activity from the Himalayan state as it expands its crypto holdings and validator operations.Figment is a staking provider that helps large investors and institutions stake digital assets across multiple blockchains and earn rewards for securing proof-of-stake networks.The move adds to a growing wave of Ethereum-focused activity from Bhutan. In October, the South Asian nation of roughly 800,000 people began migrating its self-sovereign digital ID system from Polygon to Ethereum, allowing residents to verify their identities and access…