Author name: YGG News

Hong Kong’s Dual-Track AI Policy for Finance: A Balanced Approach to Innovation and Security

Hong Kong’s Financial Services and Treasury Bureau (FSTB) has introduced a forward-looking, dual-track policy to guide artificial intelligence (AI) adoption in the financial sector. Aimed at enhancing efficiency and security while prioritizing customer service, the policy seeks to leverage AI’s […]

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US Government Crypto Wallet Hacked for $20MAttack Exposes Vulnerability in Seized Assets from Bitfinex Hack

A cryptocurrency wallet likely managed by the United States government was hacked on Oct. 24, leading to a $20 million loss. The wallet, which held funds seized in relation to the 2016 Bitfinex hack, was drained by a hacker who

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