Woman who defrauded Bybit of $5.7M gets 10 years in prison: Report
A former payroll manager for Bybit who stole $5.7 million from the crypto exchange has been handed a nearly 10-year prison sentence in Singapore.
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SEC ‘Crypto Mom’: Delay in Crypto Regulation May Allow More Freedom for Technology
A commissioner of the United States Securities and Exchange Commission (SEC) said Friday, Feb. 8, that the delay in establishing crypto regulation may allow more freedom for the industry to move on its own.Heister Peirce, who is widely known as the “Crypto Mom” in the community for her dissent against the SEC’s decision to reject…
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Bitcoin hash rate returns to all-time high levels
After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week. 1024 Total views 35 Total shares The global hash rate of the Bitcoin network tanked to as low as 84 exahashes per second (EH/s) at the start of…
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South Korea to launch blockchain-based vaccine passports
The Prime Minister of South Korea has announced a blockchain-based vaccine certificate will launch later this month, but the concept has proven controversial across the world. 2047 Total views 21 Total shares South Korea will introduce blockchain-powered vaccine passports via a smartphone app later this month, the country's prime minister said Thursday.South Korea is joining…
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Crypto Twitter uses new AI chatbot to make trading bots, blogs and even songs
A few simple prompts to a recently released AI chatbot is all Crypto Twitter needs to create trading bots, an investment thesis and a crypto-themed song. Own this piece of crypto history Collect this article as NFTThe crypto community appears to be having a ball with ChatGPT, a recently launched Artificial Intelligence (AI) chatbot created…
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1300% Increase In BitcoinAbuse Reports in April Led by Sextortion
There was a 1,300% increase in the number of Bitcoin extortion cases reported to BitcoinAbuse.com in April versus March, with sextortion leading the charge. 1275 Total views 32 Total shares The number of Bitcoin (BTC) extortion reports filed by the users of BitcoinAbuse.com database increased 1,300% in April, perhaps with scammers taking advantage of the…
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Intuit lays off 10% of staff to focus on AI
About 1,800 people were laid off, however the company plans on hiring about the same number of replacements.
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What the Birth of Crypto Can Predict for the Post-COVID-19 World
We, as a society, are now experiencing a crisis of trust. The three pillars that we’ve had faith in all our lives — institutions, government entities and the media — have all failed us. From trusting financial institutions to guard our assets to expecting politicians to enact smart policies to hoping the media informs us…
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UN Aviation Agency President: Blockchain Can Offer Tremendous Benefits for Industry
The president of the United Nation’s specialized agency for aviation has said that blockchain technology could offer tremendous benefits across aviation systems globally, industry news source AirTrafficManagement.net reported on April 4.The president, Dr. Olumuyiwa Benard Aliu, made his remarks to an international audience of government officials, aviation and tech experts during the inaugural Council for…