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Fake trading bots, manipulated token prices, and $23 million in seized crypto underscore a sweeping DOJ crackdown on fraud and deceptive digital market practices. DOJ Targets Gotbit in $23M Crypto Market Manipulation Crackdown The U.S. Department of Justice (DOJ) disclosed on March 27 that it is pursuing civil forfeiture of approximately $23 million in digital … Read more
Elon Musk’s xAI has acquired X, merging cutting-edge artificial intelligence with a massive global platform to reshape communication, amplify truth-seeking, and accelerate human progress. Elon Musk’s xAI Acquires X in Strategic Move to Merge AI Innovation With Global Communication Elon Musk announced a significant corporate merger Friday via a post on his social media platform … Read more
Cassava Technologies, founded by Zimbabwean telecom tycoon Strive Masiyiwa, is collaborating with Nvidia to establish Africa’s first AI factory. Nvidia’s advanced computing and AI software will be deployed at Cassava’s South African data centers by June 2025, with plans to expand to Egypt, Kenya, Morocco, and Nigeria. This initiative aims to equip African businesses and … Read more
With the participation of Ribbit Capital, Franklin Templeton, NYCA, First Round, Lightspeed Faction, and HF0, Crossmint will accelerate its mission to bring every business and AI agent onchain. Crossmint Raises $23.6 Million to Move Businesses to Blockchain The world is increasingly moving to include blockchain technology, and companies like Crossmint have risen to address this … Read more
The Cyberspace Administration of China stated that all artificial intelligence (AI) machine-generated content must be flagged with watermarks or metadata to identify its artificial origin. Unflagged content can still be produced, but creators must clarify the origin of the content, which will be logged by the source app for easier tracking. China Starts a Crusade … Read more
Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy capabilities. The deal strengthens Bitfarms’ position in the PJM market and advances its high-performance computing (HPC) and artificial intelligence (AI) initiatives. Bitfarms Advances HPC/AI Strategy with Stronghold Acquisition The acquisition increases Bitfarms‘ energy portfolio to … Read more
The evolution of deepfake scams has reached new levels of sophistication with the integration of artificial intelligence (AI), making fraudulent schemes increasingly convincing and difficult to detect. A recent example involves a deepfake of U.S. President Donald Trump circulating on X, attempting to lure unsuspecting individuals into a cryptocurrency scam. AI-Generated Trump, Musk, and Buterin … Read more
The burn was conducted after the conclusion of Venice’s airdrop, which began at the end of January and ended on Wednesday. Crypto AI Startup Venice Burns $100M in Tokens Bitcoin and crypto entrepreneur Erik Voorhees’s Privacy-focused AI startup Venice concluded its airdrop on Wednesday after distributing 17.4 million Venice tokens (VVV) to more than 40,000 … Read more
io.net is a decentralized GPU network that offers scalable and cost-effective computing power for machine learning and artificial intelligence applications. Boasting over 325,000 verified GPUs, io.net aims to address the GPU supply crunch by creating a more accessible and efficient marketplace for compute resources. Tausif Ahmed is the Chief Business Development Officer at io.net, a … Read more
In recent months, we engaged artificial intelligence (AI) chatbots to extract their forecasts on bitcoin and gold prices. On a separate occasion, before Donald Trump’s election in 2024, we challenged them to predict the next U.S. president. This time, we assembled 11 diverse AI models and posed a new question: Will the U.S. central bank … Read more