Aleo Blockchain Addresses Community Concerns Over Data Leak Aleo blockchain has responded to community concerns regarding a recent data leak incident, reassuring users that it was…
Decentralized Finance and the Clash with KYC The crypto industry is experiencing a resurgence, with digital assets like Bitcoin and Ethereum approaching their previous all-time highs.…
FixedFloat Exchange Hacked, Losing $26 Million in Bitcoin and Ethereum FixedFloat, a cryptocurrency exchange that operates without KYC measures, experienced a hack resulting in the loss…
Novel Approach to KYC Developed by IOTA Foundation and Partners As cryptocurrencies gain mainstream acceptance, regulators worldwide are working to establish regulations to prevent illicit activities…
Terra Classic Community Votes on KYC Proposals The Terra Classic community is currently voting on follow-up proposals for KYC proposal 12033. These proposals, numbered 12058 and…
Crypto Exchange MEXC Cracks Down on Unverified Users from Mainland China Crypto exchange MEXC has taken action against unverified users suspected to be from mainland China.…
Terra Luna Classic KYC Proposal Approved by Community The Terra Luna Classic community has approved a proposal that makes KYC compulsory for all L1 developers. This…
AI-Powered Fake ID Service OnlyFake Raises Concerns of Financial Fraud An underground service called OnlyFake is utilizing AI technology to create realistic fake IDs, potentially enabling…
New Tool Generates Fake IDs to Bypass KYC Checks A new tool called OnlyFakes has been discovered by cybersecurity reporters, which can generate fake IDs that…