South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency scam business. The scam resulted in individual losses ranging from 1.2 million to 250 million won. After failing to appear at a…
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
September 2, 2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to…
Coinbase Reports Its First AI-to-AI Crypto Transaction
September 2, 2024
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI crypto transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources…
The Bitcoin layer two (L2) network Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the…
There’s a new meme coin making waves, and it’s caught the attention of industry experts.
Crypto All-Stars (STARS) is trying to break the mold of typical meme tokens.
Instead of just depending on a cute mascot, it’s aiming to bring something fresh to the table – a…
Trump Set to Share Bold Vision: Turning the US Into the ‘Crypto Capital of the Planet’
August 30, 2024
On Thursday, former President Donald Trump posted a video on X, where he announced his intention to chart a course for making the United States the “crypto capital of the planet.” As the video concludes, the logo of World Liberty Financial, a decentralized finance (defi)…
Hyundai Motor Group hits double-digit EV market share in the US, and this is just the start
August 30, 2024
Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit market share, Hyundai continued closing the gap with Tesla as the second-largest EV brand in the US through July.
Hyundai, Kia, and Genesis take second in US EV market
Through the first seven months of 2024, Hyundai, Kia, and Genesis accounted for 10% of the US EV market.
How in-house tech and soldier tinkering is changing the Army
August 30, 2024
FORT JOHNSON, Louisiana – A new Army-made software application is allowing soldiers to identify a target and send a fire mission in under a minute when it used to take 15 minutes. Those same soldiers have rigged cheap drones with a cheap, off-the-shelf circuit board and…
CHRISTCHURCH, New Zealand — The Royal Thai Air Force has nominated the Gripen E/F fighter jet to replace the country’s aging F-16A/Bs in a hard-fought contest involving Saab and Lockheed Martin, officials announced on Tuesday.
A service committee deliberated for ten…
Nvidia researchers have unveiled “Eagle,” a new family of artificial intelligence models that significantly improves machines’ ability to understand and interact with visual information.
The research, published on arXiv, demonstrates major advancements in tasks ranging from visual question answering to document comprehension.
Nvidia presents Eagle
Exploring The Design Space for…
