Binance Set to Launch New Crypto Exchange in Japan: Here’s What We Know
Cryptocurrency exchanges

Binance Set to Launch New Crypto Exchange in Japan: Here’s What We Know

Binance is now inching closer to launching a new exchange tailored to the Japanese investor community. The platform, Binance Japan, will have detailed KYC identification process. The crypto exchange is expected to start shifting Japanese users from its global platform to the Japan-centric exchange around August 1.

How Crypto Scammers Are Using AI Deepfakes to Phish Victims
Cryptocurrency exchanges

How Crypto Scammers Are Using AI Deepfakes to Phish Victims

Hackers and scammers are now using artificial intelligence (AI) deepfake technology in order to breach the security of crypto exchanges and Web3 related firms. If scammers succeed in creating deepfakes of crypto investors, their chances of bypassing facial recognition or voice recognition security layers of crypto platforms and stealing user funds will also increase, according to a senior Binance executive.

Prometheum becomes first SEC-regulated crypto custodian, CEO says other firms’ tech is “arguably obsolete”
Cryptocurrency exchanges

Prometheum becomes first SEC-regulated crypto custodian, CEO says other firms’ tech is “arguably obsolete”

(Kitco News) – Prometheum has achieved the feat that U.S. crypto firms claimed was impossible, choosing to work with the regulatory powers to become the first to secure approval to custody digital assets as securities.