Month: January 2023

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations. “The agencies have significant safety and soundness concerns with business models that are concentrated in crypto-asset-related activities or have concentrated exposures to the crypto-asset sector,” the
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Digital assets funds saw inflows totaling $433 million during 2022, the lowest level since 2018, when inflows in the crypto industry reached $233 million, according to the cryptocurrency investment firm Coinshares.  Investors’ appetite for digital assets seems not to have been fully affected by the crypto winter, but otherwise encouraged investments in crypto assets in
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Celebrities had a shaky year promoting crypto firms and projects throughout 2022.  Many found themselves named in lawsuits over their alleged promotion of since-failed projects, while others have been relentlessly mocked on social media for their involvement in the first place. From movie stars to television actors, sports stars to musicians, many celebrities may be
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Samsung unveiled new Neo QLED, MicroLED, and OLED TV models on Wednesday ahead of CES 2022. The new portfolio is aimed to provide broader viewing options and premium picture quality for users, alongside offering multi-device integration. New Neo QLED models come in 4K and 8K resolutions and they use Quantum MiniLED-lit panels. The company’s Micro
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Jan 04, 2023Ravie LakshmananFirmware Security Qualcomm on Tuesday released patches to address multiple security flaws in its chipsets, some of which could be exploited to cause information disclosure and memory corruption. The five vulnerabilities — tracked from CVE-2022-40516 through CVE-2022-40520 — also impact Lenovo ThinkPad X13s laptops, prompting the Chinese PC maker to issue BIOS
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According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam
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After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted.
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The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals. NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents involving the use of cryptocurrencies like Bitcoin (BTC). Called “NCCU Crypto Cell,” the crypto-focused unit
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