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📈$770,000,000 Worth of Flesh’ – Legal Representative for XRP Holders Says SEC Wants Millions To Settle Lawsuit. The lawyer representing XRP holders in the lawsuit against the U.S. Securities and Exchange Commission (SEC) says that the regulatory body is demanding hundreds of millions of dollars to settle.💹
📈Crypto Sleuth Reveals Culprit Behind SIM Swaps. A far-reaching investigation has exposed a Canadian man’s involvement in a spree of ‘SIM Swap’ attacks that drained millions from crypto professionals this year. Findings by pseudonymous sleuth ZachXBT revealed an individual, identified as “Yahya,” assisted in 17 SIM swaps in 2023 that resulted in over $4.5 million in stolen funds.💹
📈BlockFi Says It Has Emerged From Bankruptcy, Kicks Off Wallet Withdrawals for Eligible Clients. A crypto lending platform that stopped customer withdrawals last year amid the FTX crisis says it will now be able to pay its creditors after emerging from bankruptcy.💹
📈Arbitrum's (CRYPTO: ARB) price has increased 3.32% over the past 24 hours to $0.93. Over the past week, ARB has experienced an uptick of over 21.0%, moving from $0.77 to its current price. As it stands right now, the coin's all-time high is $8.67.💹
📈Over 90% of senior executives express concerns about unmonitored use of generative AI tools A recent study conducted by cybersecurity supplier Kaspersky has revealed growing concerns among C-suite executives about the unregulated proliferation of generative artificial intelligence (GenAI) tools in their organizations.💹
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