Man turns $88K into $415M with Tesla, then sues after losing it all
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader. Go to Source
Month: October 2024
Crypto startup accuses SEC of ‘massive regulatory land grab’
Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange. Go to Source
Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles. Go to Source
US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed. Go to Source
All-Women AI PhD Program Launches in Africa
A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This initiative is the brainchild of CORE AI, a research partnership uniting universities from both continents. The program … Read more
Russia-Based Evil Corp Faces New US Sanctions
The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts to combat cyber threats. US Expands Sanctions on Evil Corp Amid Global Ransomware Crackdown … Read more
‘Uptober’ mentions on social media plummet amid crypto rout
“Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment. Go to Source
TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams. Go to Source
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ) … Read more
Hackers have started using AI to churn out malware
Researchers at HP found a malware program written by generative AI “in the wild” while investigating a suspicious email. Go to Source