OKX CCO Lennix Lai Discusses Crypto’s Advantages, Regulation, and KYC Implementation
Lennix Lai, the Global Chief Commercial Officer at OKX, discussed various aspects of the cryptocurrency industry during an interview at the Blockchain Economy Summit in Dubai. Here are some key points from the interview: Crypto vs. Traditional Finance: Lai highlighted the differences between work ...
Vauld Crypto Exchange Receives Court Approval for Board Restructuring
Vauld, a Singapore-based crypto exchange, that has been ongoing bankruptcy proceedings since August 2022, has said that it received permission from the court to restructure its board. The new top management will lead the company’s bailout process. On Aug. 24, Vauld’s co-founder Darshan Bathija ...
Fraudsters Exploit AI-Created Dipfakes to Circumvent KYC Checks on Cryptocurrency Exchanges
Fraudsters use AI-created dipfakes to bypass KYC (know your customer) checks on cryptocurrency exchanges, including Binance. This was reported by the head of security of the largest trading platform. Jimmy Su admits that with each ...
Binance Security Chief Warns of Advanced AI Dipfakes and Growing Security Threats
This video is visually indistinguishable from real CZ In addition, the AI has learned to perform voice instructions to verify The technology is becoming a real security threat The chief security officer of Binance revealed a dipfake video about his di ...