How do you know the internet has a deepfake porn problem? Just look at copyright takedown requests. WIRED found this week that Google is receiving thousands of Digital Millennium Copyright Act complaints for deepfake nudes, most of which are published by just a handful of websites. Experts say the deluge of DMCA takedown requests is […]
Automakers Are Telling Your Insurance Company How You Really Drive Read More »
Federal prosecutors asked a New York judge on Friday to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurrency crimes they described as a “historic fraud.” Prosecutors made the request as they submitted their presentence recommendations to a federal judge who will sentence the man who at one time
Sam Bankman-Fried deserves 40 to 50 years in prison, prosecutors say Read More »
A judge in the UK High Court has declared that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the creator of Bitcoin, marking the end of a years-long debate. “The evidence is overwhelming,” said Honourable Mr. Justice James Mellor, delivering a surprise ruling at the close of the trial. “Dr. Wright is not the
Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto, Judge Declares Read More »
The latest surge in the price of bitcoin is increasing the clamor around it, says Dal Bianco, drawing in yet more speculators and creating a “self-reinforcing cycle.” Likewise, when collective confidence in the prospect of further price growth falters, she says, the resultant downturn can be equally sudden. Under these conditions, demand can vanish as
What’s Behind the Bitcoin Price Surge? Vibes, Mostly Read More »
In his years as a US federal agent, Tigran Gambaryan helped to lead landmark investigations that took down cryptocurrency thieves and money launderers, dark-web drug dealers, and even crypto-funded child exploitation networks. Now, in his post-government role at the cryptocurrency exchange Binance, he has become the target himself of a very different sort of federal
Binance’s Top Crypto Crime Investigator Is Being Detained in Nigeria Read More »
Better Business Bureau report highlights top consumer scams in 2023 – CBS News In observance of National Consumer Protection Week, the Better Business Bureau releases its annual scam report, revealing over 67,000 scam incidents reported by Americans in 2023. With investment and cryptocurrency scams leading the charge, Anna Werner looks into what makes these scams
Better Business Bureau report highlights top consumer scams in 2023 Read More »
Cryptocurrency and other investment scams are now the riskiest type of cons in the U.S., with crypto fraudsters frequently cheating their victims out of thousands of dollars, the Better Business Bureau said. Scammers have found creative ways to cheat investors out of their money, the BBB said in its annual report about the biggest scams of
Crypto fraud ranks among the riskiest scams of 2023, BBB says Read More »
Others argue the state’s strategy of paying Bitcoin miners not to mine when the grid is under heavy load is nonsensical. “The most important thing a regulator can do is match assets and liabilities—match supply and demand,” says Ed Hirs, an energy fellow at the University of Houston. With the deterioration of the state’s fleet
For Bitcoin Mines in Texas, the Honeymoon Is Over Read More »
Bitcoin is on a vertical tear, continuing its rapid resurgence and getting close to breaking its all-time high. The digital token on Monday climbed 8% to $67,310, well above its $44,000 valuation at the start of the year and less than $2,000 away from surpassing its November 2021 record high of around $69,000. What’s fueling
Bitcoin prices near record high. Here's why. Read More »
Bitcoin was invented by Satoshi Nakamoto, an enigmatic figure about whom almost nothing is known. Fifteen years ago, Satoshi brought the idea of an electronic cash system into being with the help of a small cast of oddballs. This week, some of those early collaborators—now crypto-celebrities in their own right—took to the witness box of
Bitcoin Royalty Descends on the Satoshi Nakamoto Trial Read More »
