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The Russian Prosecutor General’s Office Plans to Use AI in Combating Criminal Bitcoin Operations

Nov 24, 20242 min read
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The Russian Prosecutor General’s Office has announced its intention to use artificial intelligence technologies to combat crimes related to virtual assets and decentralized finance (DeFi). This was stated by the Russian Prosecutor General, Igor Krasnov. A special division for implementing…

Arthur Hayes Predicts Bitcoin Price Surge Amid Iran-Israel Conflict Escalation

Nov 24, 20242 min read
Arthur Hayes Predicts Bitcoin Price Surge Amid Iran-Israel Conflict Escalation

Former BitMEX CEO Arthur Hayes suggested that if tensions between Iran and Israel escalate, Bitcoin could experience a significant price surge, driven by rising oil prices. In his latest essay, he explained that if Iran’s major oil fields were attacked,…

U.S. Treasury Uses AI to Prevent $4 Billion in Fraud

Nov 24, 20242 min read
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The U.S. Department of the Treasury used artificial intelligence to analyze data, which helped prevent fraud and recover more than $4 billion in the 2024 fiscal year. This is six times more than the previous reporting period, when the recovery…

TeraWulf Sells Stake in Nuclear Bitcoin Mine to Fund AI Initiatives

Nov 24, 20242 min read
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TeraWulf, a Bitcoin miner, sold a 25% stake in its Nautilus Cryptomine operation, located near the Susquehanna nuclear power plant in Pennsylvania, for $92 million. The buyer was a subsidiary of Talen Energy Corporation. The proceeds will be directed towards…

SWIFT to Test Digital Asset Transactions Starting in 2025

Nov 24, 20242 min read
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Starting in 2025, banks in North America, Europe, and Asia will begin testing digital asset transactions via the SWIFT network. As part of the pilot project, financial institutions will conduct operations with cryptocurrencies, tokenized assets, and CBDCs across several blockchains,…

Crypto Projects Lost $120 Million Due to Hacker Attacks in September

Nov 24, 20242 min read
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In September, the crypto industry lost $120.23 million due to over 20 attacks carried out by hackers, according to data from PeckShield. Among the incidents was the theft of 12,083 spWETH, valued at $32.4 million, which occurred due to a…

SEC and U.S. Department of Justice Support Lawsuit Against Nvidia Over Sales to Crypto Miners

Nov 24, 20242 min read
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The U.S. Department of Justice and the SEC have backed a class-action lawsuit against Nvidia, claiming the company misrepresented its sales of graphics cards to cryptocurrency miners. In 2017-2018, Nvidia earned $1.73 billion, but attributed $1.126 billion to the gaming…

Mark Cuban Criticizes Memecoins, Calling Them “Extended Carpet Pulls”

Nov 24, 20242 min read
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Mark Cuban, billionaire and investor, recently voiced sharp criticism of memecoins during an appearance on the Rug Radio podcast. He referred to them as “extended carpet pulls,” highlighting the lack of real value behind these assets. Cuban compared the memecoin…