Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”
Month: September 2024
SEC scores partial win against blockchain firm Opporty over $600K ICO
A federal judge partially sided with the SEC, finding that Opporty and its founder, Sergii Grybniak, offered “unregistered securities” in their 2018 ICO.
Should Sports Betting Be Banned?
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Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express
Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express.
Cityfurnish (YC W19) Is Hiring
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Meta Unveils Open Source Llama 3.2: AI That Sees And Fits in Your Pocket
On Wednesday, Meta announced an upgrade to its large language model, Llama 3.2. We gave the new upgrade a workout, with mixed results.
New York Judge Rules Tornado Cash Co-Founder Roman Storm Must Face Trial in Money Laundering Case
U.S. District Judge Katherine Polk Failla appeared skeptical of Roman Storm’s free speech arguments.
When Insurers Exit (2023) [pdf]
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Reminder: Bitcoin CAN Make Civilization Sane
This is the first book I’ve read about cryptocurrency, and I took away from it something invaluable, hope. Jason A. Williams, the author, gives us a lot of reasons to be optimistic about a Bitcoin-powered future. The author is a… Bitcoin Maximalist And you will be too after reading this book. As we’ll discover, bitcoin is the … Read more
This Eufy security camera can show nighttime as if it were daytime
The EufyCam S3 Pro security camera has a built-in spotlight but can also display nighttime footage as if it were daytime without the spotlight. | Image: Eufy The newest security camera from Eufy — Anker’s smart home company — can see clearly in the dark, uses radar motion sensing for fewer false alerts, and records … Read more
Starlink will hit 4 million subscribers this week, SpaceX President says
SpaceX’s Starlink satellite internet network is expected to hit a new customer milestone this week, company President Gwynne Shotwell told Texas legislators on Tuesday. “This week, by the way, we will pass 4 million customers for Starlink, which is quite exciting,” she said while testifying before a state House Appropriations Committee meeting. The milestone would … Read more
Tornado Cash’s Roman Storm case moves to trial as judge denies dismissal
A New York federal judge denied Roman Storm’s bid to dismiss US government charges. Storm is the co-founder of the crypto-mixing platform Tornado Cash.
How to Make AI Your Mentor
What Stops You From Setting Professional Goals? Fear and overthinking. Yes, it is that deep and that straightforward at the same time. Both make you give up and end up doing nothing in regards to self-improvement. To be able to achieve your goals, you have to first set them correctly. I’ve learnt the hard way … Read more
Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach
Plans to launch a Bitcoin-pegged stablecoin, an upcoming network upgrade and BTC’s recent recovery could be connected to STX’s 30% rally.
The Verge Guide to Amazon’s October Prime Day event
Image: Cath Virginia / The Verge For the third year in a row, Amazon is ringing in the fall with a second Prime Day event. This year’s two-day shopping event — dubbed Prime Big Deal Days — will kick off on Tuesday, October 8th, and run through Wednesday, October 9th, giving Amazon Prime subscribers a … Read more
Stem cells reverse woman’s diabetes
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Runway earmarks $5M to fund up to 100 films using AI-generated video
AI video generators need to believe that filmmakers will use their models in the production process. Otherwise why exist? To jump-start the new AI film ecosystem, Runway has set aside $5 million in cash and more in service credits to fund up to 100 original films. If you’re an AI-curious director, now’s your chance to … Read more
Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown’s Foe
The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.
Bitcoin rallied above $65K, but will BTC price hold this level?
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
A Gentle Introduction to HPC – High Performance Computing
What is HPC? High-Performance Computing (HPC) refers to the practice of aggregating computing power in a way that delivers much greater power than traditional computers and servers. HPC, or supercomputing, is like everyday computing, only more powerful. It is a way of processing large volumes of data at very high speeds using multiple computers and … Read more
Swan Bitcoin Claims Former Employees, Tether Conspired to Steal Its Mining Business
Swan Bitcoin’s mining arm is suing its former employees for allegedly stealing the “crown jewels” of its billion-dollar Bitcoin mining business to power a “copycat” firm.
US sanctions Russian crypto platforms for money laundering ties
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.