Oman launches $350M crypto mining center: Report
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports. The Sultanate of Oman has launched a…
FTX’s Sam Bankman-Fried prosecutors submit proposed jury instructions for trial
Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed. United States prosecutors have put forward their proposed…
Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO
Palo Alto Networks CEO Nikesh Arora has warned that “bad actors are getting faster” and stressed that companies need to beef up cybersecurity defenses. Palo Alto Networks CEO Nikesh Arora…
Mysterious Bitcoin wallet becomes 3rd largest BTC holder in 3 months
An unknown wallet has accrued more than $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the potential owner. A mysterious Bitcoin wallet…
Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden
A common currency would be challenging for Brazil, Russia, India, China and South Africa to initiate and maintain, but it could have an impact on Bitcoin, investment strategist Lyn Alden…
AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study
The International Labour Organization study says that AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others. Generative AI is more…
Friend.tech denies report that database of over 100K users was leaked
Friend.tech has hit back at a report that suggested that its API leaked personal data of its users. The team behind the viral decentralized social media platform Friend.tech has refuted…
SEC charges crypto investment manager Titan with misleading advertising claims
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues. Fintech investment adviser Titan Global…
Bitcoin speculators are underwater on 88% of their BTC bags: Research
A tale of two types of Bitcoin investors emerges as BTC price action separates “sensitive” speculators from seasoned hodlers. Bitcoin (BTC) holdings owned by speculators are nearly 90% in the…