CRYPTO

Nov 05 2024POLITICS

Tech Policies of Trump and Harris: What's at Stake?

The upcoming U. S. election has stirred up a lot of debate around tech policies. Let's take a look at what presidential hopefuls Trump and Harris have planned for the tech world. The CHIPS Act, an initiative to bring chip production back to the U. S. , is a hot topic. The Harris campaign supports i

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Nov 05 2024TECHNOLOGY

Watch Out, Devs: Malicious Codes on NPM

Ever heard of sneaky hackers trying to trick you? That’s what’s happening on NPM, a popular site for sharing code. Hackers are uploading hundreds of fake packages, trying to fool developers into downloading malware. These fake packages have names that look like real ones, such as Puppeteer and Bignu

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Nov 04 2024FINANCE

Bitcoin's Price: Will the U. S. Election Make or Break It?

Bitcoin is flirting with a new record high, but the U. S. election might put a temporary hold on that. In October, Bitcoin closed above $70, 000 for the first time since March, but it's been struggling to stay there. The focus now is on the U. S. presidential election. Investors are worried that the

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Nov 02 2024POLITICS

Why Crypto Investors Could Influence the 2024 U. S. Presidential Election

Digital currencies are becoming more popular, with up to 21% of Americans owning crypto. This means there are around 18 million to 50 million potential voters who care about a candidate's stance on the crypto industry. Swing states are where crypto voters could make a big difference. Groups like Sta

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Nov 01 2024CRYPTO

Former FTX Engineer Avoids Jail Time for Helping Catch Bankman-Fried

In New York, a former FTX executive named Nishad Singh was spared a prison sentence on Wednesday. The federal judge commended Singh's significant cooperation in exposing the multibillion-dollar fraud orchestrated by FTX's founder, Sam Bankman-Fried. Singh, who was the company's engineering director,

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Nov 01 2024CRYPTO

Did DCG Benefit from $60 Million in North Korean Laundering?

In 2023, a significant amount of cryptocurrency was allegedly laundered through a mixer called Railgun. This mixer, which helps hide the identity of crypto owners, was used by a North Korean hacker group called the Lazarus Group. The U. S. Department of the Treasury had already blacklisted other mix

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Oct 31 2024CRIME

The Story of Nishad Singh: Cooperation, Not Jail Time

Nishad Singh, former engineering boss at FTX, got off lightly. No jail time, just three years of supervision. Why? He cooperated with the government, helping unravel the crypto exchange's fraud. The judge praised his limited role compared to others like FTX founder Sam Bankman-Fried. Singh also forf

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Oct 31 2024CRYPTO

Nishad Singh’s Short Sentence: A Story of Limited Involvement

Nishad Singh, the former head of engineering at FTX, received no jail time and three years of supervised release on Wednesday. Instead of the maximum 75 years, he was ordered to forfeit $11 billion. Judge Lewis Kaplan praised Singh’s cooperation with the government, noting it was “remarkable. ” Sing

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Oct 31 2024FINANCE

Coinbase's Stock Drops: Crypto Market Slump Takes a Toll

Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c

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Oct 31 2024TECHNOLOGY

AI Learns from Crypto's Past Mistakes

Artificial intelligence, or AI, is changing the world fast. Yet, despite its potential, it's also getting a bad reputation. People worry about AI causing harm, like spreading fake news or pushing people to do bad things. This reminds us of the early days of cryptocurrency, when people had big fears

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