Credit Suisse sparks de-risking as EU, US equities markets sink – Bitcoin steady above $24,500

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OpenAI’s newest version of Chat GPT-4 taking the crypto world by storm

Former director at Coinbase, Conor Grogan, reported that GPT-4 could identify multiple “security vulnerabilities” and explain how to exploit them when he inserted a live Ethereum smart contract into the AI tool. Previous audits of smart contracts on ChatGPT’s earlier version also showed it could detect code bugs to some extent. I dumped a live…

Bitcoiners warned scopolamine robberies in Colombia pose threat to crypto security

Jameson Lopp drew attention to scopolamine robberies in Colombia, warning Bitcoiners not to visit the country with private key access. The co-founder of the Casa custody platform said the country is on track to become the global center for physical attacks on Bitcoiners if current patterns persist. “If the trend continues, I expect that Colombia…

Justin Sun-related wallet made over $3M from USDC depeg

On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin (USDC) March 11 depeg. Lookonchain said the address, 0xbcb7, withdrew 50 million USDC from Aave after the stablecoin depegged. The address then swapped this USDC for DAI at a 1:1 ratio while also withdrawing over…

Binance ditches BUSD’s Bitcoin free trading for TUSD

Binance said it is moving its zero-fee Bitcoin (BTC) trading from Binance USD (BUSD) to TrueUSD (TUSD) on March 22. In a March 15 statement, the exchange said BUSD’s zero maker fee would also exclude its pair with other assets like BNB and Ethereum. It added that standard trading fees would also apply to its…

Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown

Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report from Bloomberg on March 14. Anchorage lays off 20% of staff Bloomberg reported that, based on statements from Anchorage itself, 75 employees amounting to 20% of the company’s staff would be laid off. Anchorage cited regulatory uncertainties as the…

NY regulators say Signature Bank closure unrelated to cryptocurrency

The New York State Department of Financial Services (NYDFS) said on March 14 that its closure of Signature Bank was not related to the bank’s crypto industry ties. NYDFS denies Signature was closed over crypto Though Signature worked extensively with crypto firms, a representative has denied that the NYDFS’ decision to shut down Signature was…