New AI cybercrime tool targets crypto, bank KYC systems via deepfakes
In recent developments, a darknet threat actor is selling new fraud kit to trick KYC identity verification systems on financial platforms via AI-generated deepfakes and real-time voice altering. Looking closer,…
Only KYC can stop insider trading on prediction markets, Messari says
In recent developments, insider trading is hard to curb on non-KYC prediction markets, but even identity checks do not fully eliminate abuse, according to Messari’s Austin Weiler. Looking closer, market…
OKX founder defends asset freezes after user admits buying KYC accounts
In recent developments, star Xu defended freezing $40,000 in stablecoins after a user admitted buying verified accounts, with the exchange citing strict KYC and AML obligations. Looking closer, market participants…
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