CryptoNews

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

September 30, 2024
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has also redistributed funds to…
Read more
Cleantech & EV'sNews

Rare earth element recycler Cyclic Materials to expand after $53M Series B funding round

September 27, 2024
A Canadian company called Cyclic Materials is working to create a circular supply chain for rare earth elements (REEs) using advanced recycling processes. The company just secured $53 million via a Series B equity round to accelerate its global expansion and recycling infrastructure. Cyclic Materials was founded in Toronto in the fall of 2021 following a successful seed round. From there, the Rare…
Read more
CryptoNews

Paypal Rolls Out Crypto Features for Business Accounts

September 27, 2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in…
CryptoNews

Turkey Scraps Planned Crypto Tax, Targets Economic Reforms

September 27, 2024
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about the stock market and broader efforts to stabilize the economy and reduce inflation. Turkey Halts…
Read more
AI & RoboticsNews

Building and securing a governed AI infrastructure for the future

September 27, 2024
Unlocking AI’s potential to deliver greater efficiency, cost savings and deeper customer insights requires a consistent balance between cybersecurity and governance. AI infrastructure must be designed to adapt and flex to a business’ changing directions. Cybersecurity must protect revenue and governance must stay in sync with compliance internally and across a company’s footprint. Any…
Read more