TRON launches artificial intelligence (AI) development fund
More than $100 million will be set aside to assist developers who use AI in blockchain applications. TRON is offering grants to teams representing the following areas: • e-commerce; • currency settlement; • data management; • market and investment analysis; • content generation. Content generation? But everyone is aware that Gagarin News is the leader in content generation! Therefore, even if Justin Sun gives us $20 million, we won't vanish!
The NFT theft scheme through a photo cleared up
Previously, we reported about a shocking hack where a scammer stole a $4 million NFT collection by just taking a photo. That case left us with many questions about the technical vector of the attack. The Trust Wallet conducted an investigation and revealed the scheme. The day before the affair, the perpetrator shared the NDA file with the victim and requested KYC information. The fake NDA contained malware that targeted the smartphone. The criminal then persuaded the victim to transfer funds from the multi-sig wallet to a single Trust Wallet to confirm NFT ownership and copied the information he needed. The balance photo was just smoke and mirrors. But damn, this scheme deserves an episode in the new James Bond series.
SEC doesn't let the crypto community rest
This time the SEC hits the crypto exchange Kraken over a possible violation of the Securities Act. Incoming CEO Dave Ripley has refused to delist tokens determined as securities under the Howey test and is now having troubles with the SEC. This case may be settled in the coming days and will make a decisive difference for the entire crypto community. It is also rumored that the SEC intends to ban retail staking. Genesis and Gemini keep their fingers crossed, as they have already stepped into Kraken's shoes once before.
Faketoshi won’t stop falling from grace!
Craig Wright, who calls himself Napoleon Satoshi Nakamoto, is still going through a rough patch. All lawsuits demanding to recognize him as Bitcoin's creator are constantly rejected by courts of different countries and instances. This time, London’s appeal showed him to the door. Craig tried to protect his honor and dignity by suing 16 Bitcoin developers who called him a liar. The judge looked through the case and found no reason to grant Wright's claim. Btw, developers did’t even bother sending their lawyers to court.
Dubai bans privacy coins
The Dubai Virtual Assets Regulatory Authority (VARA) has changed its virtual asset circulation rules. A significant change was the prohibition on so-called privacy coins such as ZCash and Monero. Organizations operating within the local jurisdiction are also prohibited from issuing and promoting this type of cryptocurrency. Well, you can't really blame a major cryptocurrency hub like Dubai for that. They provide transparency and demand it in return.
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GAGARIN NEWS is a global portal about the realm of crypto news that originated in Ukraine. Created by the masterminds behind the world’s first entertainment show about cryptocurrencies Gagarin Show, the online platform aims to popularize the new era of blockchain technology that is irreversibly transforming the world as we know it. Readers will have access to information about the latest news, events, analytics, opinions, videos, interviews and much more from the world of crypto. The media outlet is also aimed at both advanced crypto adepts and those who are only beginning their journey in this field. Also those who are somewhere in the middle. Gagarin News has its own brand ambassadors – anonymous crypto gurus Dr. Smartcontract and Mr. Etherman. Both 'mascots' host the YouTube Show "Cryptocurrency Not For Dummies" and are actively involved in the community – they often chat with readers on various social media platforms and express their opinions about crypto market news. The portal has also launched the “Authors Program” - an initiative that allows aspiring copywriters and crypto coin news journalists to submit their articles and receive monetary rewards for 'views'. after going through moderation and once approved by our team of editors, the article gets published on our website. Authors are then granted the opportunity to earn for their work. Think of it as YouTube monetization, only instead of views, authors receive rewards for their articles being read by other people. Blockchain technology is gaining momentum and attracting more and more people. After all, blockchain has confidently entered the geopolitical arena and has become a lever of global processes in the economy and society. However, this latest technology still remains terra incognita for many people. So the mission of GAGARIN NEWS is to promote blockchain and make the technology popular, to provide quality content and in-depth analytics that will be useful to those who are just entering the industry and those who have been in it for a long time and need their crypto news now. Gagarin News was initially inspired by Gagarin Show – a YouTube channel with 86 thousand followers. In two years the channel released 86 videos and gathered almost 22 million views. One might say that “Gagarin Show” is the predecessor of Gagarin News. The two independent projects have the same objective in mind – to educate the global public on the industry of blockchain technology. Created initially as a hobby, the project has developed ambitious goals and intends to lay the foundation and create a platform to engage the public with the realm of crypto news today and finance. Get your crypto news alerts and live crypto news together with Gagarin News.