English school turned BTC miner in China expands capacity with 220 new units
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee. Go to Source
United States
Auto Added by WPeMatico
Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
Former FTX CEO Sam Bankman-Fried dreamed of being the President of the United States, but his lawlessness eventually caught up with him. Go to Source
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.” Go to Source
5 nations challenge crypto experts and investigators to target tax crimes
The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network. Go to Source
SEC seeks summary judgment in Do Kwon and Terraform Labs case
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. Go to Source
Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement. Go to Source
NIST establishes AI Safety Institute Consortium in response to Biden executive order
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.” Go to Source
ProShares announces launch of short Ether-linked ETF
ProShares’s new Short Ether Strategy ETF is set to start trading on the NYSE Arca under the ticker symbol SETH. Go to Source
Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors
The prosecution is delivering its closing arguments at the Southern District Court of New York, where Sam Bankman-Fried’s trial has been taking place since Oct. 3. Go to Source
“That’s fraud,” prosecutors say in closing arguments at SBF trial
The U.S. government delivers its closing arguments in New York to convince the jury that Sam Bankman-Fried is guilty of fraud and conspiracy to commit fraud. Go to Source