AI will fight the ‘darker side’ of AI — Nvidia CEO
Nvidia CEO Jensen Huang thinks that only AI will have the speed to fight AI-produced fake information. Go to Source
Month: September 2024
Pre-Bull Signs Abound
This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this editorial the second it’s finished, which also includes the biggest stories of the week and a comment on each story. Pre-Bull Sentiment Rises This week it felt like the entirety of the crypto industry descended upon the city-state … Read more
Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has … Read more
China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East
Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks to the Cold War. China’s support for Russia and Iran is escalating conflicts, demanding … Read more
Bitcoin bull run unlikely as long as social sentiment runs too hot — Santiment
Santiment says there’s nearly double the amount of bullish posts to bearish ones on social media. Go to Source
Malicious Crypto-Stealing App Exposed on Google Play
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques. Malicious … Read more
California governor vetoes hotly-contested AI safety bill
Gavin Newsom has vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California. Go to Source
Vitalik Buterin proposes metrics to measure ‘Ethereum alignment’
Ethereum-based projects should have metrics to strive toward to ensure they are collectively “building something that feels like one Ethereum ecosystem.” Go to Source
Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The … Read more
Crypto wallet drainer was on Google Play for months, stole $70K: Report
The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research. Go to Source